World Bank says it continues to work closely with Ethiopia

Addis Ababa, September 2, 2020 (FBC) –The World Bank (WB) has reaffirmed its commitment to continue to work closely with the Government of Ethiopia.

In a twitter post, the World Bank Ethiopia Country office said “The World Bank continues to work closely with the Government of Ethiopia and is in full support of the country’s economic reform program and its financing.”

“Our overall financing program in support to Ethiopia development efforts is about US$ 2.9 billion for the first year of IDA-19 cycle. The submission of different projects including the budget support to the World Bank Group’s Board of Executive Directors for discussion and decision in following its normal course.”