11 January 2013

Ethiopia: Govt, UK Sign 14.9 Billion Grant Agreement

Ethiopia and UK signed a 14.9 billion birr grant agreement on Monday (January 8th ).

The agreement was signed by Sofian Ahmed, Minister of Finance and Economic Development and Melanie Robinson, Director of Department for International Development (DFID) in Ethiopia.

Minister Sofian noted that the grant would help Ethiopia intensify its fight against poverty, expedite the implementation of the Growth and Transformation Plan and utilize its natural resources efficiently.

Ms. Robinson stressed that UK would continue its support to Ethiopia. The grant is to be utilized for the construction of roads, and support for educational projects, for potable water supplies, health support and other infrastructural developments in all parts of the country.

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