Tag Archives: Country Partnership Strategy (CPS)

World Bank OKs Ethiopia’s Country Partnership Strategy (CPS); nation moves onto PBS III phase costing $1.15 billion

26 Sep

By Keffyalew Gebremedhin

The Board of the World Bank’s Executive Directors today endorsed a new Country Partnership Strategy (CPS) for Ethiopia. With it comes 50-year term interest-free credit of $1.15 billion continuing to finance new and existing projects under Promoting Basic Services phase Three (PBS III), the agreements of which were already initialed in country in July 2012 amongst the different parties.
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