Ethiopia: World Bank Funds Basic Services
 |
|
|||||||||
|
||||||||||
BuaNews (Tshwane)
18 January 2008
Posted to the web 18 January 2008
Addis Ababa
Ethiopia and the World Bank on Thursday signed two agreements for financing basic services such as healthcare and water, amounting to $256 million.
The first agreement signed was for a grant amounting to $215 million meant to serve as an additional resource to Ethiopia's ongoing Protection of Basic Services programme aimed at protecting the delivery of basic services at local levels.
The grant is meant to contribute to the deepening of transparency and accountability in service delivery.
It is also meant to finance projects in the health, education, agriculture and water sectors and assist the country in meeting health sector Millennium Development Goals (MDGs).
The second agreement signed was for the provision of a $41 million loan intended to finance the implementation of the Ethiopia-Sudan Power Inter-Connection Project.
The project is aimed at promoting Ethiopia's power export capacity.
Relevant Links
Minister of Finance and Economic Development Sufian Ahmed and World Bank Country Director for Ethiopia and the Sudan Kenichi Ohashi signed the agreements. - BuaNews-NNN
Read comments. Write your own.
|
AllAfrica aggregates and indexes content from over 125 African news organizations, plus more than 200 other sources, who are responsible for their own reporting and views. Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. | |||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||
|
| |||||||||||||||||||||||||||||
|
Copyright © 2008 BuaNews. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections -- or for permission to republish or make other authorized use of this material, click here.
| |||||||||||||||||||||||||||||
|
| |||||||||||||||||||||||||||||
|
Make allAfrica.com your home page
|
RSS Feed
Sign up for FREE daily 'top headlines' by email >> | |||||||||||||||||||||||||||||
|
| |||||||||||||||||||||||||||||
| Top | Site Guide | Who We Are | Advertising | Search | My Account | |||||||||||||||||||||||||||||
|
| |||||||||||||||||||||||||||||
| Questions or Comments? Contact us. Read our Privacy Statement. | |||||||||||||||||||||||||||||
|
| |||||||||||||||||||||||||||||
