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World Bank gives Ethiopia’s ruling junta $100 million in loan

June 4th, 2010 |  |  4 Comments

EDITOR’S NOTE: This is business as usual. Woyanne conducts unfair elections, arrests and murders opposition members, jams radio programs, blocks access to web sites… and as a reward it gets $100 million from the poverty-monger organization.

ADDIS ABABA (APA) The Ethiopian government Woyanne and the World Bank on Thursday signed in Addis Ababa a $100 million loan agreement to support road construction projects in the country to continue oppressing and tormenting the people of Ethiopia.

According to the agreement, the money will be utilized for the government’s 10-year road construction development projects. Ethiopia is currently undertaking a multi-billion dollar road construction throughout the country since the past five years.

Thursday’s loan agreement is expected to help Ethiopia to finalize all ongoing road projects in the country, according to Ahmed Shidena, the Ethiopian Minister of State for Finance and Economic Development.

He said that the government was undertaking various road construction projects to expand the country’s road network, which said was in a poor state in the past few years.

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4 Comments to “World Bank gives Ethiopia’s ruling junta $100 million in loan”

  1. love says:

    Big mistake getting a loan from Wold Bank. We are going to be enslaved for many years under World bank and IMF

    [Reply]

    June 4th, 2010 at 2:33 PM

  2. mekde says:

    The problem is with us, not with narrow minded family or with the outside world. simply dreaming while, we are sleeping and sitting wont bring us something. wake up guys!!!!

    [Reply]

    June 4th, 2010 at 2:45 PM

  3. Nanu says:

    Then they will turn around and atrribute these road construction to the Tyrant.

    [Reply]

    June 4th, 2010 at 10:49 PM

  4. Habtamu says:

    Let’s face, the so-called World Bank is another tool under the total control of the USA, just like the UN is. And that’s the main reason why the World Bank is refusing to stop rewarding the evil, barbaric, murderous TPLF regime that has crushed all political opposition in Ethiopia.

    [Reply]

    June 5th, 2010 at 11:48 AM

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