Ethiopia signs $907 mln financing pact with World Bank


Reuters | Addis Ababa | Updated: 23-04-2021 14:38 IST | Created: 23-04-2021 14:36 IST
Ethiopia signs $907 mln financing pact with World Bank
Representative Image. Image Credit: Flickr
  • Country:
  • Ethiopia

Ethiopia's finance ministry signed a $907 million financing agreement with the World Bank on Friday geared towards improving access to financing, the fight against COVID-19 and electricity investment, it said.

Some $700 million was a loan and $207 million a grant, the ministry said in a statement.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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