Ethiopia, Italy sign $9.52m grant agreement

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Addis Ababa, 30 January 2014 (WIC) - Ethiopia and Italy on Monday signed a grant agreement amounting to 9.52 million USD to support health care program in a bid to achieve the MDG in relation to health.

The finance will be used for the implementation of the MDG Fund 2013-15 initiative.

The overall objective of the project is to meet the MDG goals in relation to health, namely reduce child mortality, improve maternal health, and combat HIV/AIDS, malaria and other diseases.

The contribution will have a profound effect on the already well performing health sector to meet MDG goals by 2015, said Finance and Economic State Minister Ahmed Shide.

Ethiopia has already achieved one of the goals under MDG 4, which is reduce maternal mortality by two-third by 2015.

Finance and Economic State Minister Ahmed Shide and Italian Foreign Deputy Minister Lapo Pistelli signed the grant agreement.