World Bank, Ethiopia sign 300 mln USD financing accord to fund recovery of conflict-affected areas


  • World
  • Tuesday, 17 May 2022

ADDIS ABABA, May 16 (Xinhua) -- The Ethiopian government and the World Bank have signed a financing agreement amounting to 300 million U.S. dollars in support of the reconstruction and recovery of conflict-affected areas of Ethiopia.

The 300 million U.S. dollars financing accord, which was made in the form of a grant, was signed by Ethiopia's Minister of Finance Ahmed Shide and the World Bank's country representative to Ethiopia Ousmane Dione, the Ethiopian Ministry of Finance disclosed in a statement issued Monday.

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