U.S, Ethiopia signed a new development partnership agreement worth USD 230 Million

ADDIS ABABA -The United States, through the U.S. Agency for International Development (USAID), and the Federal Ministry of Finance signed a new development partnership agreement this week worth more than USD 230 million.

As to the press release  of U.S Embassy, the agreement  underscores  the American people’s  continued  commitment  to investing  in improving  health, education, agriculture, economic growth, good governance, and strengthened resilience of Ethiopians.

USAID Mission Director Sean Jones and State Minister of Finance Admasu Nebebe signed the development partnership agreement to formalize the most recent American  investment  in Ethiopia’s  long- term development. The    USAID    development assistance agreement provides funding and resources required  to accelerate  development  gains and  help  Ethiopia   achieve   its  goal  of becoming a middle-income country

Under  the agreement,  USAID  also  will continue  to  work  with  the  Government of    Ethiopia    and    other    international and local partners to expand access to quality healthcare and services, improve education, and advance a private sector-led model of transformative economic growth. “We are pleased to renew our partnership with     the     Government     of     Ethiopia and formalize the next chapter in our partnership.

This agreement  is more than just money – this is about building upon the strong people-to-people partnerships that our two countries have shared for decades, and we look forward to continuing this important work together towards building a  brighter  and  more  prosperous   future for all Ethiopians,”  said USAID  Mission Director Sean Jones.

BY GENET FEKADE

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