Ethiopia - 2003 - Finance

Rural Electrification Fund Establishment Proclamation

Council of Ministers/Ministry of Finance, Ethiopia

The Rural Electrification Fund is established as a permanent financial source under a Special Bank Account to be opened by the Ministry of Finance and Economic Development. The objectives of the fund are: to provide loan and technical services for Rural Electrification Projects carried out by private operators, cooperatives and local communities, and to encourage the utilization of electricity for production and social welfare purposes in rural areas.

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Rural Electrification Fund Establishment Proclamation Current Version

January 2022

The Rural Electrification Fund is established as a permanent financial source under a Special Bank Account to be opened by the Ministry of Finance and Economic Development. The objectives of the fund are: to provide loan and technical services for Rural Electrification Projects carried out by private operators, cooperatives and local communities, and to encourage the utilization of electricity for production and social welfare purposes in rural areas.

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