Ethiopia getting US$1.2 billion from The World Bank Group - News Summed Up

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Ethiopia getting US$1.2 billion from The World Bank Group


borkenaOctober 31,2018The World Bank is to make US $1.2 billion available to Ethiopia; Reuters reported today citing the World Banks’s website. Based on the report, US $600 is in the form of loan while the remaining portion is a grant. The funds are to help reforms in the financial sector and support private- public partnership projects. The multilateral institution is hailing neoliberal reforms being undertaken by Prime Minister Abiy Ahmed’s administration. As well, you may get Ethiopia News by following us on twitter @zborkena


Source: Ethiopian News November 01, 2018 03:56 UTC



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