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FEDERAL NEGARIT GAZETA
, OF THE FEDERALDEMOCRATICREPUBLICOF ETHIOPIA

ht..",~: I~IIP'}' ch"I'C :i!! 41hYear No. 54

nh,'}'''k,f 1..1..t.."'e .c;.lfUht..ft.,f'e (.,.ofIA.h
1',,'=.ilhn'l-''}). ?);~ "") m~:i ADDIS ABABA - 30lhJune, 1998
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"7lD-61o1 CONTENTS

1','P=~":"I'C ?i):r,!!/:Oi~:i'~.r. Proclamation No. 124/1998

",)os,uUI:'}' A""H' -rr.'°lt..~u h~,A "'IilA.1t.tPJ..fh~Ar International Development Association Credit
h.,.(': fA""H' "'I'~nc 'n1.'C A"'/on-,l' f"'A,l.lIDdJo fofl~(: Agreement for Partly Financing the Education
il~urH' "'1"'1."I:,f h'P=~~ 11.' ~f:fi Sector Development Program Ratification
Proclamation Page 796

h'P~ ch"I"C?i~?)!i/:r:uY.:i PROCLAMATION NO. 124/1998

nh,'}'''A',f &..~Pt.."'e.';,'I"ht..ft.,f'e (.,.ilA.h 'hli n~Ar A PROCLAMATION TO RATIFY THE CREDIT AGREEMENT
BETWEEN THE FEDERAL DEMOCRATIC REPUBLIC OF
1',""': fA"'H' ""'~nc «fltltlA foI",1.1dJo' fi'~(: ilrrH'
ETHIOPIA AND THE INTERNATIONAL DEVELOPMENT
A"'I"",:" f,pn) hCP~ ASSOCIATION

f\,}'ruc,}' A"'I'}' -rl~c.lt..r h~.A "'IilA,'AtPJ..f f"7.dJoA WHEREAS, a Development Credit Agreement, between
the Federal Democratic Republic of Ethiopia and the Inter-
11P1I1~h.il'.';A,C (;'!! "'I,A.V") ,~~n:u (iI'l ht.,'l' tPJ,A.f'" ,.il"" national Development Association stipulating that the Intr-
uP'" n:u h.il.~,.hC) flr~ "')"il ftPJ,.fil1"'-(O' fi'~C. ilrr~"" national Development Association provide to the Federal De-
nh...}'V'A'.f &...l'..t.''''e .c;.'I"ht..ft..t''e ('1"ilA.h 'hli n~Ar h"'lj: mocratic Republic of Ethiopia a Credit amount of SDR
74,300,000 (seventy four million three hundred thousand Special
fAIPI')' "'I..,nc IlPtJtIA 'h.tt..h. ),:, !!.,., :r:P.Y.:i:~
CP1i'''''''' .ct.ft..
Drawing Rights) for partly financing the Education Sector
f"'~,I.t1P n(IPII'~: Development Program, was signed in Washington D.C, on the 41h
uPlJ'I.:J"I~ fh.l"i"'l, 'Mrh.,.(.: (O'f\"':{'"'A_1."7.hllDlrli:ftD' day of June, 1998;
nA.,}' uP"",:" il"f\..:,:m,: WHEREAS, basic economic international agreements have
to be ratified prior to entry into force;
foU')). f,n,f.'C il~urH' fh, ,}'f"k,t' I..'~t.''''e .ct""ht.,ft..f'e WHEREAS, the House of Peoples' Representatives of the
(.T,nA.h f l"h'u,n ,,'mtlv':'f' ~utu: CL,l' iI~ ttf. .,., IP.f:i ~.,.. Federal Democratic Republic of Ethiopia has ratified said Credit
'1'.I."tD' ili.iI",p- ,t''A',.,.m, ilAlr~: Agrement at its session held on the 30thday of June, 1998;
NOW, TIlEREFORE, in accordance with Article 55 sub-
n.."h1uP')II,P"':h ,.,.,,' :f?;')a'il h ,.,.,.. ((i)'h'i" (lID lIDlPl."" Articles (I) and (12) of the Constitution, it is hereby proclaimed
ftPJ,h"'AtD- :J'(I)-~[A:: as follows:

,r'M. ." ,'J ~;Jt:" ;JILnJ;"''''.41. ...iti

Unit Price 2.30 Negarit G.P.O.Box 80,001
"K' U:U,/ 1.'../../:\";Jt..). ;JI/./', '1:'1'(; ~m M. rti:"'1 Hif:i 't.,... FederalNegaritGazeta- No. 54 3001June, I998-Page 797

~. l,bJ;be eMI Short Title I.

.l',U I'tp:£,; "1\'}9uUC:" Alii/.} TC'Dl/..9u h&.A fIII/14.'AfIII..r This Proclamation may be cited as the' 'International
h(~MU I'<"~~fAIII/.} tI'/'~ne .n~'c I\III/Dn'.}. foI'4./.oPtD. Development Association Credit Agreement for partly
Financing the Education Sector Development Program
f-(H~'e M"9u.,,} tI'/'!t'.I!.<l?.r ntp~ ct.')'C li~?tfi;n!f.f' .,..f)I\"' Ratification proclamation No. 124/l998."
1\.(1\.,./1 ,l'..:}"I\A:: 2. Definition
~. .h;:~III/. In this proclamaiton "Crdit Agreement" Means the Credit
lULU I'tp:£,; (D'/11' "f'II.f.'C MU9"".}'" fIIIl\.)' 1Ih..}'f"k.r
Agreement No. 3077 ET. signed in Wahsington DC on the
4th day of June, 1998 between the Federal Democratic
/ l'../.."('~ ~/I"h/..(t..rtr. I.T'lIl\.h 'hli WM9" n"'~ fAfIII.}'
Republic of Ethiopia and the International Development
"'/'~lIe t'lDlliiA 'h'/b'l\" ~'.') !!.,.') Iilr.:i:l: IItp'li')''''''') .&t...... Association.
f.,.t.I.I'ID(D' ":'I'C t /,(.U (;':;, n.'}' f'II~'C MU9"'I.}' '1m-:: 3. Power of the Minister of Finance
1:' f','},,.,. 1II/.~/1'}'Cr'AnJ'}
The Minister of Finance is hereby empowered to undertake
all acts necessary for the utilization of the credit amount of
f'/,),,.,' ("U/1'}'", IH'~'C MU9"'11: f".,'ftD.') 1../1..&t'nC
SDR 74,300,000 (seventy four million three hundred
(;'!! tIIJ.l\.f"} i:r.i1:u ((tl, n/..'}' tllJ.l\.f'') f'/1T OIl'" if.u thousand Special Drawing Rights) in accordance with the
Ibil..&t.ne) .HI1.'C MU9u.,.,: lI"'oPl\h.,:.}, 0-1:"9'1- terms and conditions set forth in the Credit Agreement.
t'lD'I'I.'} lip'/'. I\,l'..'h')~.tD'A I\fIII1.'/,,,, 'ULU "'P~ r'Afl}') 4. Effective Date
.,.(t'I"Y':"A:: This Proclamation shall come into force as of the 30'hday of
June, 1998.
!!. I'tp:~: flll/.'!tr,n-l' 'Z.IL
.(',UI'tp:€,:h(t). 1}1: ""} :Wr.:i1~'9U:f.9"r: f'Ar, ,l'..lr"iA :: Done at Addis Ababa, this 30'h day of June, 1998.
n.&t/1 M}I} (t). ?Jt .,.') Iilr.:i 't.9"
NEGASO GIDADA (DR.)
PRESIDENT OF THE FEDERAL DEMOCRATIC
REPUBLIC OF ETHIOPIA
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BERHANENA SELAM PRINTING ENTERPRIS