OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA 7 " Year No. 14 ADDIS ABABA- 30 " January , 2001 CONTENTS Proclamation No. 231/2001 International Development Association Credit Agreement for financing the Women's Development Initiatives Project Ratification Proclamation Page 146 2 PROCLAMATION NO . 231/2001 A PROCLAMATION TO RATIFY THE CREDIT AGREEMENT BETWEEN THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA AND THE INTERNATIONAL DEVELOPMENT ASSOCIATION WHEREAS , a Credit Agreement , between the Federal Democratic Republic of Ethiopia and the International Develop ment Association stipulating that the International Development Association provide to the Federal Democratic Republic of Ethiopia a Credit amount of SDR 3,800,000 ( three million eight hundred thousand Special Drawing Rights ) for financing the Women's Development Initiatives Project , ' was signed in Washington D.C. on the 28 ' " day of August , 2000 ; WHEREAS , basic economic international agreements have to be ratified prior to entry into force ; WHEREAS , the House of Peoples ' Representatives of the • Federal Democratic Republic of Ethiopia has ratified said Credit Agreement at its session held on the 30 " day of January , 2001 ; NOW , THEREFORE , in accordance with Article 55 Sub Articles ( 1 ) and ( 12 ) of the Constitution , it is hereby proclaimed as follows : Short Title This Proclamation may be cited as the “ International Development Association Credit Agreement for Financing Women's Development Initiatives Project Ratification Proclamation No. 23 1 / 2001 . Definition In this Proclamation “ Credit Agreement ” means the Credit Agreement No. 3407 - ET signed in Washington D.C. on the 281 " day of August , 2000 , between the Federal Democratic Republic of Ethiopia and the International Development Association . Unit Price The African Law Archive No. 14 30 ' ' January , 2001- ~ Page 14 63 Power of the Minister of Finance The Minister of Finance is hereby empowered to undertake all acts necessary for the utilization of the Credit amount of SDR 3,800,000 ( three million eight hundred thousand Special Drawing Rights ) in accor dance with the terms and conditions set forth in the Credit Agreement . Effective Date This Proclamation shall enter into force as of the 30 " day of January , 2001 . Done at Addis Ababa , this 30 ' " day of January , 2001 . PRESIDENT OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA The African Law Archive
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