In its 29th regular session of the fourth year, Ethiopia’s 6th Parliament approved four key agreements: two loan deals, the establishment of a finance corporation, and an air transport agreement. Assistant Minister of State for Finance, Meseret Haile, introduced the proposed loan agreements and requested they be sent directly to a second reading for discussion and approval. Parliament accepted the request and proceeded with a detailed discussion on the draft proclamations. Members of Parliament raised various questions and comments, particularly concerning the loan agreements. These were addressed by Eyob Tekalign (PhD), State Minister of Finance. Following the discussion, the House unanimously passed Proclamation No. 1377/2017, which approves a budget support agreement between Ethiopia and the Government of Italy planned to promote environmental sustainability and a green economy. It also unanimously approved Proclamation No. 1378/2017, endorsing a partnership with the International Development Association to support Ethiopia’s Education Sector Transformation Program. Parliament then approved Proclamation No. 1379/2017, which ratifies Ethiopia’s membership in the African Finance Corporation. The decision passed with a majority vote, with three members abstaining. The session concluded with the unanimous approval of Proclamation No. 1380/2017, which formalises an air transport agreement between Ethiopia and Austria.
Loading your updates...