Ethiopia inks $33m World Bank loan agreement

Ethiopia and the World Bank signed Thursday a 33 million US dollars loan.

Ethiopian State Minister of Finance and Economic Cooperation, Ahmed Shide, and Carolyn Turk, World Bank Country Director for Ethiopia, Sudan and South Sudan signed the agreement.

Ahmed on the occasion said the loan would be utilized for health, education, agricultural and safe drinking water development works.

Carolyn Turk on her part said the fund would also be used for the implementation of the plans the country set out to defeat poverty.

Source: StarAfrica