Ethiopia: No Recede for GERD

Nearly six years ago, Ethiopians from all walks of life made firm decision to build the Grand Ethiopian Renaissance Dam (GERD) with their own resources. Amazingly, every fellow citizen living inside the country and abroad had purchased bond worth over two billion birr within six months of the launching of this mega project. Indeed, bond purchasing and pledges of financial support to GERD have been continuing and 12 billion birr has so far been collected. Efforts are under way to mobilize public resource for the Dam.

As part of this effort, recently, a 'bond week' campaign aimed at raising funds for the Grand Ethiopian Renaissance Dam (GERD) was launched across the country by the National Council for Coordination of Public Participation for the Construction of the GERD. In fact, apart from contributing to the construction of the dam, the bond purchase has enabled the pubic to develop the culture of saving. Moreover, the campaign is to facilitate favourable condition for Ethiopians to strengthen GERD supports.

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