OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA Ith Year No. 10 ADDIS ABABA - 14 " November , 2002 CONTENTS Proclamation No. 298/2002 International Fund for Agricultural Development Loan Agreement for Financing Rural Financial Intermediation Programme Ratification Proclamation Page 1949 PROCLAMATION NO . 298/2002 A PROCLAMATION TO RATIFY THE LOAN AGREEENT BETWEEN THE FEDERAL DEMOCRATIC FUND FOR AGRICULTURAL DEVELOPMENT WHEREAS , a Loan Agreement , between the Federal Democratic Republic of Ethiopia and the International Fund for Agricultural Development stipulating that the Inter thousand Special Drawing Rights ) for financing rural Finan cial Intermediation Programme , was signed in Rome , on the 14 “ day of January , 2002 ; WHEREAS , basic economic international agreements have to be ratified prior to entry into force ; WHEREAS , the House of Peoples ' Representatives of Loan Agreement at its session held on the 14 " day of November , 2002 ; NOW , THEREFORE , in accordance with Article 55 Sub - Articles ( 1 ) and ( 12 ) of the Constitution , it is hereby proclaimed as follows : 1. Short Title This Proclamation may be cited as the “ International Fund for Agricultural Development Loan Agreement for Financing Rural Financial Intermediation Programme Ratification Proclamation No. 298/2002 ” Unit Price The African Law Archive 2. Definition In this Proclamation “ Loan Agreement ” means the Loan Agreement Number 572 - ET signed in Rome , on the 14 " h day of January , 2002 , between the Federal Democratic Republic of Ethiopia and the International Fund for Agricultural Development . 3. Power of the Minister of Finance and Economic Development The Minister of Finance and Economic Development is hereby empowered to undertake all acts necessary for the utilization of the Loan amount of ' SDR . 20,150,000 ( twenty million one hundred and fifty thousand Special Drawing Rights ) in accordance with the terms and conditions set forth in the loan agreement . Effective Date This proclamation shall enter into force as of the 14 " of November , 2002 . Done at Addis Ababa , this 14th day of November , 2002 . PRESIDENT OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA The African Law Archive
You must login to view the entire document.