Ethiopia obtained a 100 million Br grant aid from Japan for a food security project which is intended to support underprivileged farmers.
The grant agreement was inked on Tuesday April 15, 2014 by Ahmed Shide, state minister of Finance and Economic Development and Kazuhiro Suzuki, ambassador of Japan to Ethiopia, in the premises of Ministry of Finance and Economic Development (MoFED) at King George VI St.
The grant will help increase peasantry food production in Ethiopia, says a statement from MoFED.
Japan has been extending its Official Development Assistance (ODA) since 1974 through aid such as a general grant, a non-project grant, a food development study, project type technical cooperation and dispatch of volunteer's schemes.
According to Kazuhiro this agreement is an extension of Shinzo Abe, prime minister of Japan's commitment during his visit to Ethiopia in January, 2014.