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International Development Association Loan Agreement for Partly Financing the National Fertilizer Project Ratification Proclamation No. 18-1996

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OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA 2nd Year No . 6 ADDIS ABABA - 13 February , 1996 CONTENTS Proclamation No . 18 / 1996 International Development Association Loan Agre ement for partly financing the National Fertilizer Project Ratification Proclamation . . . . . . . . . . . . . . . Page 104 PROCLAMATION NO . 18 / 1996 A PROCLAMATION TO RATIFY THE LOAN AGREEMENT BETWEEN THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA AND THE INTERNATIONAL DEVELOPMENT ASSOCIATION WHEREAS , a Loan Agreement , between the Federal Democratic Republic of Ethiopia and the International Development Association stipulating that the International Development Association provide to the Federal De mocratic Republic of Ethiopia a loan amount of eighty - two million nine hundred thousand Special Drawing Rights ( SDR 82 , 900 , 000 ) for partly financing the National Fer tilizer Project , was signed in Washington D . C . , on the 29th day of September , 1995 ; WHEREAS , the House of People ' s Representatives of the Federal Democratic Republic of Ethiopia has ratified said Loan Agreement at its session held on the 13th day of February , 1996 ; NOW , THEREFORE , in accordance with Article 55 / 12 of the Constitution , it is hereby proclaimed as follows : 1 . Short Title This Proclamation may be cited as the " International Development Association Loan Agreement for partly financing the National Fertilizer Project Ratification Proclamation No . 18 / 1996 . ” Unit Price www . AfricanLawArchive . com * * * The African Law Archive * * * www . AfricanLawArchive . com 2 . Definition In this Proclamation " Loan Agreement ” means the Loan Agreement No . 2740 ET signed in Washington D . C . , on the 29th day of September , 1995 between the Federal Democratic Republic of Ethiopia and the Inter Power of the Minister of Finance The Minister of Finance is hereby empowered to undertake all acts necessary for the utilization of the loan amount of eighty - two million nine hundred thousand Special Drawing Rights ( SDR 82 , 900 , 000 ) in accor dance with the terms and conditions set forth in the Loan Agreement . Effective Date This Proclamation shall enter into force as of the 13 " day of February , 1996 . Done at Addis Ababa , this 13th day of February , 1996 . PRESIDENT OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA www . AfricanLawArchive . com * * * The African Law Archive * * * www . AfricanLawArchive . com

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