Ethiopia: World Bank backs economic recovery with $904 million

Ethiopia: World Bank backs economic recovery with $904 million

Ethiopia: World Bank backs economic recovery with $904 million

Ethiopia reached an agreement with the World Bank to receive $904 million. The money will support the country’s post-pandemic economic recovery.

According to official reports, the disbursement will be made in three tranches. $200 million will come as stimulus financing for small businesses and SMEs that have suffered the pandemic the most.

For more information, please see https://www.ecofinagency.com/public-management/2604-42566-ethiopia-world-bank-backs-economic-recovery-with-904mln

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