![\"Ethiopia](\"https:\/\/i0.wp.com\/mereja.com\/index\/wp-content\/uploads\/2023\/12\/Ethiopias-Banking-Sector-Faces-Challenges-in-Welcoming-Foreign-Investment.jpg?fit=780%2C780&ssl=1\")
\nEthiopia and the World Bank signed a 300 million dollar financing agreement on 22 June 2019 for water supply, sanitation, and hygiene. Finance Minister Ahmed Shide signed for the government. Carolyn Turk, the Bank\u2019s country director for Ethiopia, Sudan, and South Sudan, signed for the Bank. The loan is meant to help provide drinking water and sanitation to roughly three million people in selected rural and urban areas.<\/p>\n\n
APA News described the package that morning as another agreement of this size between Ethiopia and the Bank. The project follows a model Ethiopia already uses, in which four ministries share the work and the chain of responsibility runs from federal offices down to communities. The new money sits on that arrangement, so implementation is expected to go through existing water and health structures rather than through a single new agency.<\/p>\n
For the people named in the target, the result has to show up as taps, latrines, and safer water, not as a communique. Three million is a large share of the communities that still haul water or rely on town systems that have not kept up with growth. The June signing fixed the sum, the two officials, and the purpose. The harder part, already familiar in this sector, is whether the funds reach the woredas the project lists and whether the four ministries keep the same plan once construction starts.<\/p>\n
The signing was news in Addis Ababa on 22 June, with the finance ministry on one side of the page and the World Bank on the other. Rural schemes and town systems are both inside the plan, so the three million people are spread across selected communities rather than gathered in a single city. Households that still haul water, or that use sanitation which has fallen behind population growth, are the people the two signatories named when they attached a number to the loan.<\/p>\n
Sources: Addis Fortune<\/a> APA News via Journal du Cameroun<\/a><\/p>","protected":false},"excerpt":{"rendered":" Ethiopia, World Bank sign $300m financing agreement Journalducameroun.com – EnglishPublished on 22.06.2019 at 09h21 by APA News. Share. Ethiopia and the World Bank signed another financing agreement amounting to $300 million which will …<\/p>\n","protected":false},"author":30,"featured_media":468257,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-279633","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethiopian-news"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/mereja.com\/index\/wp-content\/uploads\/2023\/12\/Ethiopias-Banking-Sector-Faces-Challenges-in-Welcoming-Foreign-Investment.jpg?fit=1280%2C640&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p9NivD-1aKd","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/279633","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/users\/30"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/comments?post=279633"}],"version-history":[{"count":3,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/279633\/revisions"}],"predecessor-version":[{"id":755368,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/279633\/revisions\/755368"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media\/468257"}],"wp:attachment":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media?parent=279633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/categories?post=279633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/tags?post=279633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}