OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA 2 Year No . 23 ADDIS ABABA - 14th May , 1996 CONTENTS Proclamation No . 35 / 1996 International Development Association Loan Agree ment for Financing the National Seed Project Rati fication Proclamation . . . . . . . . . . . . . . . . . Page 172 PROCLAMATION NO . 35 / 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 velopment Association provide to the Federal Democratic Republic of Ethiopia a loan amount of 15 , 200 , 000 SDR ( fifteen million two hundred thousand Special Drawing Rights ) for financing the National Seed Project , was signed in Washington D . C . , on the 29th day of September , 1995 ; WHEREAS , the House of Peoples ' Representatives of the Federal Democratic Republic of Ethiopia has ratified said Loan Agreement at its session held on the 14 " day of May , NOW , THEREFORE , in accordance with Article 55 ( 1 ) and ( 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 Financing the National Seed Project Ratification Proclamation No . Unit Price www . AfricanLawArchive . com * * * The African Law Archive * * * www . AfricanLawArchive . com 2 . Definition In this Proclamation “ Loan Agreement ” means the Loan Agreement No . 2741 ET ( as amended ) signed in Washing ton D . C . , on the 29th day of September , 1995 between the Federal Democratic Republic of Ethiopia and the Inter national Development Association . 3 . Power of the Minister of Finance The Minister of Finance is hereby empowered to under take all acts necessary for the utilization of the loan amount of 15 , 200 , 000 SDR ( fifteen million two hundred 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 14th day of May , 1996 . Done at Addis Ababa , this 14th day of May , 1996 . PRESIDENT OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA www . AfricanLawArchive . com * * * The African Law Archive * * * www . AfricanLawArchive . com