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Ethiopia, World Bank sign 11 billion birr loan agreement

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Ethiopia, World Bank sign 11 billion birr loan agreement

The agreement will be signed by Ethiopia’s Minister of Finance, Ahmed Shede, and Ethiopia’s World Bank Representative, Osman Dion, in Addis Ababa. It is stated that the loan will help to further modernize the basic services provided by woredas and kebeles due to a lack of infrastructure.