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FEDERAL NEGARIT GAZET A
OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA

Y'it.,.;;: <}oo.} <k'PC I 3n1Year No. 10

".Itit "'If] - :""''''1''' r 4>1 Iilf'itil Oh. .}-f-k,f t..1..t.I\ce -'t IfDh&,I't.,fce tT-ot\.h ADDIS ABABA -12'h Dec. 1996
f ..'h1t-o "'lDt}f-:f 9'"hC fl.'''' mll<tH' flDfl}

0?l&65J. CONTENTS
ittp~ <k1'C 2rJIi/fitii
q,9". Proclamation No. 53/1996
t\OD9"tJt-'} IP/IPAm~ +!J:'JP"f- TL?1:h:t- IP/i1t.?tOOJ..!. Opec Fund for International Development Loan
hN,;h qt\9" it4>r,: f AIP/:t- L'}!: 'O!:C t\IP/..,j:,. Agreement for Financing the Teacher Training
f'''t.l.ODtD-'} f,O.f..'C i19"9"~:t- IP/1\1.4:! Institutes Project Ratification .

it tp;(- 11\ ~f1 Proclamation ... Page 290

~,tp;(- <k'l'C ~w/n!f.'!i'j!

PROCLAMATION NO. 53/1996
OitJ"f-A"! ~,eDl'r"~ JlqPht-l1.!~ &",'Ol\.h A PROCCAMA TION TO RATIFY THE LOAN
"hCj n"1:h (~t\9" ~,4>"'-~fAIP/')' t.'}.f..' ODtJhA f'''',l.',lD''} AGREEMENT BETWEEN THE FEDERAL DEMOCRATIC
f'n.r.:C .i19"9"~:" t\IP/?t',.:" flDa} ittp:(- REPUBLIC OF ETHIOPIA AND THE OPEC FUND FOR
t\ OD9"tJt. '} IP/tJ.'Am;;: "'!J:'JP"}~ Tr.'~f.h')' IP/i1t:" IP/.,f INTERNATIONAL DEVELOPMENT
fIP/.lD'A ODm'). % IP/,I\.V-'} ((al)'''' IP/,I\.V',}) fitDll&tl1
Y."C . WHEREAS, a Loan Agreement, between the Federal
fIn 'l1l1,n fIP/"fi1''-)"lD' f'n.r.:c (19u9"~'''' ni\.')'f'A',f Democratic Republic of Ethiopia and the Opec Fund for
tD'Dt,"~ ,~tIOht,l1.,f~ &T,nt\.h "hCj nN,:h Qt\9" it4>c~ International Development stipulating that the Opec Fund for,
f AIP/')' t:H': £I°tJhA J, 'lb'~" ~:".f. :I); <1>1Ii/f.:!?; OitJli1 International Development provide to the Federal Democratic
~,nl) f".t,l.lIO nODIY')- : Republic of Ethiopia a loan amount of 7,000,000 USD (Seven
Million United States Dollars) for Financing the Teacher
fArn- f'n.r.:c i1?"?U~.). fit/'-f-A",f ~J'Dt-"'P. Jl 'JPht. Training Institutes Project was signed in Addis Ababa on the
(a"f~ I.T,nt\.h f ,.h'II,n "'OJtlf-:f. 9"hc n.')' ;J'''''1r e 4>1 15thday of July, 1996;
:Wf.'n-j! l~.9". 'IJ'.I.'UD' (),n(al) ,fXJ'.4>lD'i1t\ln : WHEREAS, the House of Peoples' Representatives of
the Federal Democratic Republic of Ethiopia has ratified said
n..n" £IO'}"'P',,: 1,'}<f'X' ~a;(?i) J,l; CoO lI';"PI.')' fIP/,h Loan Agreement at irs session held on the 12th day of
".t\(D' :J'lD'~:A :: December, 1996;
~,6f.LCCiJi1 NOW: THEREFORE, in accordance with Article 55
fi'
sub-Articles (I) and (12) of the Constitution. it is hereby
.e.tJ ~,tp'e:
,"". "t\CID9"Ut.'} o,/'J'Am;;: .,.!J:'JP',}'. Tr:'e'tJ.).
.. proclaimed as follows:
IP/lIt.XOJ1.,f hl,'f.'h (M?" ~,4>c~ fAIP/,.,. t.1.f: 'O.r.:C
I. Short Tj(Je
t\IP/"n':" f.,'t.l.clDlD"} f'n.f:c ()9"9"~')' IP/?t'.f,</:.,f~,tp:~:
This Proclamation may be cited as the' 'Opec Fund for
1:'I'C ~W/nH~"n'i!" .,',nt\" t\.m1>{) .f.',f'''A :: International Development Loan Agreement for Finan-
cing the Teacher Training Institutes Project Ratification
ProclamatIOn No. 53/1996."
.""JP,. -.{
'1';'
, ";M'}- ;"Ln, ;,..",..,:. 'ii'~:b
Unit Price f 1'''0
Ncgarit G.P.O.Box 80.001 I
., Gazeta - No. 10 \211'De~mber 1996 - Page 29\
K"!{ti?i t..,~p/..A ~:J/.')' :J/I."I 'I:'I'C :': :J"~", 1" !: ''''} :(!if'if"jj ~.9'" FedtraJ~egarit

~. 'h::\o,/. 2. Definition
11II.U ~\tp:():(D'il'" "f-f1.r.:C il9"9"~""" 0'/1\')' Oh..l'f'A'.f
"In this Proclamation' 'Loan Agreement" means the Loan
&o.~..~.I\~ "tquh~"".t'~ ~T.nl\.h "hC;(U,"h ql\r' h+t;: Agreement No. 659P signed in Addis Ababa, on the 15th
AO'/'} &:}.f: UDt}hA "h'~b'h' ~I\,f. H; .,.1 H!f:ti nh"til day of July 1996 between the Federal Democratic
~\nf1 f.f"&.I.UDlD--k,,'C :&.~iW f.n.r.:c il9"9"~')' ~(D' :: Republic of Ethiopia and the Opec Fund for International
Development.
i: . f.nu.n O>l.~il')'f.,u'Ailn
f'nu.n O'/.~il""f. o.n.('c il9"9"H: f.t",.flD-1 % 0'/.l\.f'1 3. Power of the Minister of Finance
((}.}-). 0'/.l\.f'1) fhO'/.l.tl'} p.I\C n.nJ':c il9"9"H: n.f"UDI\ The Minsiter of Finance is hereby empowered to under-
t 1'1: .), (J.
.
~.:J 9'":j. UD".' I. .} n ,0' I.. I\,f. "h1"t lD-A 1\0'/ y.: I. "1 take all acts necessary for the utilization of the loan
(HI.UhtpJ~ ,o'An)1 .t"(}'r.r':h~\ :: amount of 7,000,000 USD JSeven Million United States
Dollars) in accordance with the terms and conditions set
(;. ~\tp~: fO>IJ~C,'(H'1..11.
forth in the Loan Agreement.
.f.tJ ~\tpJ>:' h:J'U"1,o' 1:
,,.1 Iilf'U'!! q.9". .'l9"r:
. f~C;
4. Effective Date
fJtl'C;A ::
This Proclamation shall enter into force as of the 12thday
of December, 1996.
~\"til hnl} ;J'U"I,o' i~ +1 IiH:'U'!! (~'9'"

Done at Addis Ababa, this 12thof December, 1996.

P.IC ~:J{I. 1...&;?
fh.'l-f'k.f t..Yo/..l\~ "tquh/ t'~ NEGASO GIDADA (DR.)
I.T.nl\.h T!..II.?1')' PRESIDENT OF THE FEDERAL DEMOCRATIC
REPUBLIC OF ETHIOPIA

proc 53 page 1/07

1tc:n.. /'11\9"II'/'''O?J .f."c:~'l'

BERHANENA SELAM PRINTING ENTERPRISE