Subject: Advance Agreement for Preparation of Proposed Integrated Land Management Project Preparation Advance No. IDA V499-ETAdvance Agreement • October 9th, 2024
Contract Type FiledOctober 9th, 2024In response to the request for financial assistance made on behalf of Federal Democratic Republic of Ethiopia (“Recipient”), I am pleased to inform you that the International Development Association (“Bank”) proposes to extend to the Recipient an advance out of the Bank’s Project Preparation Facility in an amount not to exceed one million six hundred sixty thousand United States Dollars ($ 1,660,000) (“Advance”) on the terms and conditions set forth or referred to in this letter agreement (“Agreement”), which includes the attached Annex, to assist in financing the activities described in the Annex (“Activities”). The objective of the Activities is to facilitate the preparation of a proposed project designed to expand legal rights regularization and systematic land registration in targeted cities. (“Project”) of which the Recipient has requested the Bank’s financial assistance.