Ethiopia, UK sign £120m grant agreements
Addis Ababa, August 23, 2019 (FBC) –Ethiopia and UK have signed two grant agreements amounting to £120 million.
Admasu Nebebe, Ethiopia’s State Minister of Finance and Mr. Alok Sharma, UK Secretary of State for International Development signed the memorandums of understanding (MoU) here today.
About £95 million of the total funding will be used to finance Strengthening Climate Resilient System for Water, Sanitation and Hygiene Service (SCRS-WaSH).
The remaining £25 million will be used to finance phase 4 of the Ethiopian Productive Safety Net Programme (PSNP), according to a press release issued by the Ministry of Finance.
The overall objective of the SCRS – WaSH programme is to improve access to climate-resilient water, improve sanitation services and good hygiene practices for 1.2 million people in the prioritized drought affected and drought – prone areas of Ethiopia.
Meanwhile, the additional finance to the PSNP is aimed at increasing access to safety net and disaster risk management systems, complementary livelihoods services and nutrition support for food insecure households in rural Ethiopia.