Current location:entertainment >>
World Bank, Ethiopia sign 1.72
entertainment38817People have gathered around
IntroductionThe Ethiopian government and the World Bank have signed financing agreements amounting to 1.72 billi ...
The Ethiopian government and the World Bank have signed financing agreements amounting to 1.72 billion U.S. dollars in support of Ethiopia's development.
The accords, which were made in the form of credits and grants, were signed by Ethiopia's Minister of Finance Ahmed Shide and the World Bank's country representative Ousmane Dione, the Ethiopian Ministry of Finance said in a statement Friday.
The resource will be used for the implementation of six projects aimed at driving sustainable development and inclusive growth in the East African country, the ministry said.
The projects include a 300-million-U.S. dollar grant to enhance climate-resilient accessibility to food markets and services for target populations and strengthen institutional capacity for rural road management, it added.
Another 82.5-million-dollar grant will finance the enhancement of incomes for the urban poor and promote labor market inclusion for disadvantaged urban youth. Additionally, a 340-million-dollar credit is aimed at enhancing livelihoods and climate resilience for pastoral and agro-pastoral communities in Ethiopia's lowlands.
According to the ministry, the financing support also includes a 522.63-million-dollar investment to strengthen and expand the electricity network and facilitate renewable energy generation in Ethiopia as well as a 275-million-dollar grant to increase access to water supply and sanitation services in the country.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Global Gestures news portal”。http://bolivia.arandomquote.com/content-18a399666.html
Related articles
Nuggets blow 20
entertainmentDENVER (AP) — The Denver Nuggets couldn’t quiet an epic second-half comeback by Minnesota or the noi ...
Read moreBiden administration tightens rules for obtaining medical records related to abortion
entertainmentWASHINGTON (AP) — The medical records of women will be shielded from criminal investigations if they ...
Read moreSuspect arrested in break
entertainmentLOS ANGELES (AP) — Police in Los Angeles arrested a suspect following a break-in at the home of Mayo ...
Read more
Popular articles
- Yvette Fielding says her Most Haunted co
- West Virginia confirms first measles case since 2009
- Apple takes down WhatsApp, Threads from China app store — Radio Free Asia
- Philippine troops kill 12 suspected Muslim rebels in clash that wounded seven soldiers
- The Latest
- Missouri lawmakers again try to kick Planned Parenthood off Medicaid
Latest articles
Britain's new bonkers EV: Callum Skye is an £80k electric buggy built in Warwickshire
Cleveland Guardians are off to a blazing start with MLB's best record under rookie manager
NCAA ratifies immediate eligibility for athletes no matter how many times they switch schools
Met officer admits dispersal order 'breached by Tommy Robinson at march against anti
Insider Q&A: CIA's chief technologist's cautious embrace of generative AI
Key recommendations for strengthening the neutrality of the UN agency helping Palestinian refugees
LINKS
- DR MAX PEMBERTON: We need more female doctors in the NHS... but there is a downside
- Russian journalist arrested for years
- Two suspects arrested in fatal shooting on Delaware college campus are not students, police say
- Russia critic Kara
- Rise of David Lloyd's 'two
- Bernie Sanders campaigns for Biden while raising concerns about Gaza
- Kim Kardashian is relentlessly BOOED by the crowd at Tom Brady roast in her hometown of Los Angeles
- Celebrity birthdays for the week of May 12
- Guardians place AL
- Nonprofit Chicago production house Invisible Institute wins 2 Pulitzer Prizes