Ethiopia, UK Sign £120mln Grant Deals

ADDIS ABEBA – Ethiopia and the united kingdom have signed two grant agreements amounting to £120 million (ETB 4.23 billion) on Friday.

A grant amount of £95 million will be used to finance Strengthening Climate Resilient System for Water, Sanitation and Hygiene Service or SCRS – WaSH program.

The remaining £25 million will be used to finance phase 4 of the Ethiopian Productive Safety Net Program (PSNP) in Ethiopia, said Ethiopia’s ministry of finance.

The objective of the SCRS–WaSH program is to improve access to climate-resilient water, improve sanitation services and good hygiene practices for 1.2 million people.

These people are currently living in the prioritized drought-affected and drought-prone areas of Ethiopia, according to the ministry.

The PSNP Phase 4 Program, on the other hand, 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.

Admasu Nebebe, State Minister of Ministry of Finance and Alok Sharma, Secretary of State for International Development signed the memorandums of understanding deals in Addis Abeba.