v 1"Re f.N~o- P71 ) The Federal Democratic Republic of Ethiopia Ministry of Finance Date 2 The World Bank Ethiopian Country Office Addis Ababa Dear Sir, Subject: - Submission of PSNP-4 Annual Financial Audit Repo for the year ending July 7,2019 As per the agreement between the Audit Service Corporation and MoF the financial audit of RPNSP for the year ending 7th July 2019 is finalized and the audit report is submitted to MoF. Attached herewith please find the final audit report for your review and follow up. Thank you for the usual cooperation. pu blIic Sincerely, MinisVd CC. > Channel One Programs Coordinating Directorate > Rural PSNP Follow-up team MoF Tl 25 1- II- 155 24 00,22 66 98 P.O.13ox 1905,1037 Fax 251-11-156 01 24,55 1496 A-9.h h.'1AfXk 251S 11- 155 00 81,83 86 89 (r) Ao M AA 07 f'C y,'61ut 251-11-155 11 38 Addis Ababa-Ethiopia The Federal Democratic Republic of Ethiopia Audit Services Corporation INDEPENDENT AUDITOR'S REPORT ON THE FINANCIAL STATEMENTS OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA MINISTRY OF FINANCE PRODUCTIVE SAFETY NET PROGRAMME PHASE-IV (PSNP-IV) We have audited the accompanying financial statements of Productive Safety Net Programme Phase-IV (PSNP-IV) of the Federal Democratic Republic of Ethiopia, Ministry of Finance, which comprise the balance sheet as at 7 July 2019, and the statement of sources and uses of funds for the year then ended and a summary of significant accounting policies and other explanatory information. Responsibility for the Financial Statements The Ministry of Finance is responsible for the preparation and fair presentation of these financial statements in accordance with the Ethiopian Government's Manual of the Federal Accounting System which is based on a modified cash basis of accounting, and for such internal control as the Ministry determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. Auditor's Responsibility Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with International Standards on Auditing. Those standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. 2 251-011-5515222 Fax 251-011-5513083 E-mail: ASC@ethionet.com. E 5720 251-011-5535012 251-011-5535015 251-011-5535016 INDEPENDENT AUDITOR'S REPORT ON THE FINANCIAL STATEMENTS OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA MINISTRY OF FINANCE PRODUCTIVESAFETY NETPROGRAMMEPHASE- IV (PSNP- IV) (continued) Opinion In our opinion, the financial statements give a true and fair view of the financial position of the Productive Safety Net Programme Phase-IV (PSNP-IV) of the Federal Democratic Republic of Ethiopia, Ministry of Finance as at 7 July 2019 and of its sources and uses of funds for the year then ended in accordance with the Ethiopian Government's Manual of the Federal Accounting System which is based on a modified cash basis of accounting described in note 2 to the financial statements. Reports on other requirements As required by the terms of reference for financial audit and the World Bank guidelines we report that, to the extent we can assess: a) All external financing has been used in accordance with the conditions of the relevant financing agreements, with due attention to economy and efficiency, and only for the purposes for which the financing was provided; b) Counterpart funds have been provided and used in accordance with the relevant financing agreements, with due attention to economy and efficiency and only for the purposes for which they are provided; c) Goods, works and services financed have been procured in accordance with the relevant financing agreements including specific provisions of the World Bank Procurement policies and procedures; d) All necessary supporting documents, records and accounts have been maintained in respect of all project activities; e) Designated Accounts have been maintained in accordance with the provisions of the relevant financing agreements and funds disbursed out of the Accounts were used only for the purposes intended in the financing agreements; f) National laws and regulations have been complied with and that the financing and accounting procedures approved for the Programme were followed and used; g) Financial performances of both the Programme and of implementing partners are satisfactory; h) Assets procured from Programme funds exist and there is a verifiable ownership by the Programme implementing agencies or beneficiaries in line with the financing agreement; and i) Ineligible expenditures included in withdrawal applications are identified and reimbursed to the Designated Accounts and or the donor partners. 2 INDEPENDENT AUDITOR'S REPORT ON THE FINANCIAL STATEMENTS OF THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA MINISTRY OF FINANCE PRODUCTIVESAFETY NET PROGRAMME PHASE- IV (PSNP- IV) (continued) Furthermore, with respect to the interim financial reports (IFRs) submitted during the year and listed on page 22, in our opinion, i) the reports, together with the procedures and internal controls involved in their preparation, can be relied upon to support the related withdrawals; ii) adequate supporting documentation has been maintained to support the expenditures incurred; and said expenditures are eligible for financing under IDA Credit Nos.5540- ET, 5877-ET and 6041-ET; Grant TF OA3267 and TFOA 1426 D2330 WFP and Multi Donors Co-financing; iii) Ineligible expenditures which were identified had been reimbursed either to the Designated Accounts and or the donor partners. 3 January 2020 3 THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA MINISTRY OF FINANCE PRODUCTIVE SAFETY NET PROGRAMME PHASE-IV (PSNP- IV) BALANCE SHEET AS AT 7 JULY 2019 2018 Notes Ethiopian Birr Ethiopian Birr ASSETS CURRENT ASSETS Cash at bank 2b,3 3,266,876,243 3,227,162,670 Cash on hand 4 26,722,309 7,048,993 Advances 5 1,554,569,135 314,817,407 4,848,167,687 3,549,029,070 CURRENT LIABILITIES Accounts payable 6 871,841,109 328,370,107 NET CURRENT ASSETS 3,976,326.578 3,220,658,963 REPRESENTED BY ACCUMULATED FUND 8 3,976,326,578 3,220,658,963 4 THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA MINISTRY OF FINANCE PRODUCTIVE SAFETY NET PROGRAMME PHASE- IV (PSNP- IV) STATEMENT OF SOURCES AND USES OF FUNDS FOR THE YEAR ENDED 7 JULY 2019 Cumulative from Year ended 9 April 2015 to Year ended 7 July 2019 7 July 2019 7 July 2018 thiopian Birr Ethiopian Birr Ethiopian Birr SOURCES IDA Credit (APL- IV) 5540 ET 589 11,737,292,887 2,616,017 IDA Credit (APL-IV) 5877ET - 2,140,016,812 - IDA Credit (APL-IV) 6041 ET 25,370 2,568,256,874 28,200,677 Grant from DFID 2,634,116,118 10,355,877,921 3,037,808,257 Irish Aid 330,865,294 1,146,757,090 326,298,687 Grant from TF OA 1426 476,158,707 2,180,380,726 - Grant from TF OA 3267 1,399,021,601 2,175,977,333 390,682.653 IDA D233 ERPSNP 6,642,541,514 10,888,669,441 4,246,127,926 WFP - 513,214,532 513,214,532 Austrian Development Agency - 48,322,800 - UNICEF - 344,843,442 307,393,269 Transfer from PSNP- III - 79,806,761 - Government Contribution 2,346,659,945 6,065,739,483 1,918,472,116 Refund from Afar Regional State - 17,547,506 2,825,989 Loss on foreign exchange 79.662,178 311,143,489 367,795,498 TOTAL SOURCES 13,909,051,316 50,573,847,097 11,141,435,621 USES Key instrument 46,257,080 65,935,806 13,632,283 Woreda CD 114,753,839 114,753,839 - Capacity Building 108,878,055 377,703,135 167,356,098 Permanent direct support transfer 2,220,856,345 6,086,327,766 1,585,849,894 Public works, and temporary directorate support transfer 6,890,403,821 26,202,190,940 4,481,534,461 Woreda contingency 313,639,116 1,355,343,572 262,320,751 Federal contingency 1,182,487,386 4,803,763,233 2,674,871,484 Capital expenditure for public work 897,948,577 3,526,212,640 892,590,291 Livelihood transfer 303,727,806 406,941,446 69,644,000 Livelihood capacity building 159,393,554 708,508,404 166,079,235 Woreda Administration 193,640,031 752,887,463 194,597,002 Woreda salary 374,820,651 1,076,121,243 319,124,153 Regional Management 136,014,758 605,204,359 137,051,081 Federal Management 116,544,772 321,277,179 101,991,400 Regional Management livelihood 32,632,338 65,670,377 26,209,014 E-payment 62.385.572 128.679.117 43.403.830 TOTAL USES 13,153,383,701 46,597,520,519 11,136,254,977 EXCESS OF SOURCES OVER USES 755,667,615 3,976,326iK8 5 THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA MINISTRY OF FINANCE PRODUCTIVE SAFETY NET PROGRAMME PHASE-IV (PSNP- IV) DESIGNATED ACCOUNT STATEMENT For year ended 7 July 2019 Account number 0100101300501 Depository bank National Bank of Ethiopia Address Addis Ababa, Ethiopia Related Credit IDA Credit 5540 ET (APL-IV) Currency USD Balance at 7 July 2018 1.72 Advance received during the year 20.90 Ending balance - 7 July 2019 22±62 6 THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA MINISTRY OF FINANCE PRODUCTIVE SAFETY NET PROGRAMME PHASE-IV(PSNP- IV) DESIGNATED ACCOUNT STATEMENT For year ended 7 July 2019 Account number 0100101300548 Depository bank National Bank of Ethiopia Address Addis Ababa, Ethiopia Related Credit IDA D233-ET ERPSNP Currency USD Special account Balance at 7 July 2018 11.31 Credit fund received during the year 234,741,540.84 Deduct: Transfer to pool Birr account 186,888,346.00 Transfer to FFSCD 23,882,100.00 210,770,446.00 Ending balance - 7 July 2019 23,971,106.15 7 THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA MINISTRY OF FINANCE PRODUCTIVE SAFETY NET PROGRAMME PHASE-IV (PSNP- IV) DESIGNATED ACCOUNT STATEMENT For year ended 7 July 2019 Account number 0100101300501 Depository bank National Bank of Ethiopia Address Addis Ababa, Ethiopia Related Credit IDA Credit 6041ET (APL IV) Currency USD Balance at 7 July 2018 0.00 Ending balance - 7 July 2019 flAli 8 THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA MINISTRY OF FINANCE PRODUCTIVE SAFETY NET PROGRAMMEPHASE-IV (PSNP IV) DESIGNATED ACCOUNT STATEMENT For year ended 7 July 2019 Account number 0100101300505 Depository bank National Bank of Ethiopia Address Addis Ababa, Ethiopia Related Grant IRISH AID Currency EURO Balance at 7 July 2018 1.00 Grant received during the year 10,399,925.00 10,399,926.00 Deduct: Transfer to pool Birr account 9,204,293.00 Transfer to FFSCD 1,195,631.26 10,399,924.26 Ending balance - 7 July 2019 1124 9 THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA MINISTRY OF FINANCE PRODUCTIVE SAFETY NET PROGRAMME PHASE-IV(PSNP- IV) DESIGNATED ACCOUNT STATEMENT For year ended 7 July 2019 Account number 0100101300525 Depository bank National Bank of Ethiopia Address Addis Ababa, Ethiopia Related Grant DFID Currency GBP Balance at 7 July 2018 147,698.62 Grant received during the year 73,806,002.38 73,953,701.00 Deduct; Transfer to pool Birr account 48,870,069.00 Transfer to FFSCD 13,108,183.15 61,978,152.15 Ending balance - 7 July 2019 11,975,448.85 10 THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA MINISTRY OF FINANCE PRODUCTIVE SAFETY NET PROGRAMMEPHASE-IV (PSNP- IV) DESIGNATED ACCOUNT STATEMENT For year ended 7 July 2019 Account number 0100101300533 Depository bank National Bank of Ethiopia Address Addis Ababa, Ethiopia Related Grant TF Grant No OA1426 Currency USD Balance at 7 July 2018 2.00 Grant received during the year 17,175,518.60 17,175,520.60 Deduct: Transfer to pool Birr account 3,572,915.94 Transfer to FFSCD 13,602,602.00 17,175,517.94 Ending balance - 7 July 2019 11 THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA MINISTRY OF FINANCE PRODUCTIVE SAFETY NET PROGRAMMEPHASE-IV (PSNP- IV) DESIGNATED ACCOUNT STATEMENT For year ended 7 July 2019 Account number 0100101300542 Depository bank National Bank of Ethiopia Address Addis Ababa, Ethiopia Related Grant TF Grant No OA3 267 Currency USD Balance at 7 July 2018 0.00 Grant received during the year 49,109,934.41 Deduct: Transfer to pool Birr account 6,477,975.00 Transfer to FFSCD 12,163,798.00 Transfer to NDRMC 468,159.30 19,109,932.30 Ending balance - 7 July 2019 30,000,002.1 12 THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA MINISTRY OF FINANCE PRODUCTIVE SAFETY NET PROGRAMMEPHASE-IV (PSNP- IV) DESIGNATED ACCOUNT STATEMENT For year ended 7 July 2019 Account number 0100101300537 Depository bank National Bank of Ethiopia Address Addis Ababa, Ethiopia Related Grant Austrian Development Agency Currency EURO Balance at 7 July 2018 2.00 Ending balance - 7 July 2019 2.0 13 THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA MINISTRY OF FINANCE PRODUCTIVE SAFETY NET PROGRAMME PHASE-IV (PSNP- IV) DESIGNATED ACCOUNT STATEMENT For year ended 7 July 2019 Account number 0100101300548 Depository bank National Bank of Ethiopia Address Addis Ababa, Ethiopia Related Grant WFP Currency USD Balance at 7 July 2018 6,656,089.90 Deduct: Transfer to pool Birr account 6,656,084.79 Ending balance - 7 July 2019 511 14 THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA MINISTRY OF FINANCE PRODUCTIVE SAFETY NET PROGRAMMEPHASE-IV(PSNP-IV) SCHEDULE OF MOVEMENTS IN POOL BIRR ACCOUNT For year ended 7 July 2019 Account number 01001040669 Pool Bank Account Depository bank National Bank of Ethiopia Address Addis Ababa, Ethiopia Currency ETB Beginning balance- 7 July 2018 1,445,344,489 ADD: Transfer from: - DFID 1,771,349,239 - Irish aid 295,660,300 - ERPSNP 5,272,953,200 - WFP 181,655,204 - Trust Fund (TF OA 3267) 182,602,434 - Trust Fund 1426 98,981,919 - Government contribution 2,346,659,945 10,149,862,241 11,595,206,730 DEDUCT: IDA Disbursements and transfers to Regional States: Tigry National Regional State 1,125,524,465 Amhara National Regional State 2,673,631,173 Oromia National Regional State 2,372,101,388 Southern Nations, Nationalities and Peoples Regional State 1,989,161,460 Harari National Regional State 47,063,204 Dire Dawa City Administration 49,364,046 Afar National Regional State 293,550,825 Somali National Regional State 2,360,712,082 Federal Food Security Coordination Directorate 232,607,497 Ministry of Labour and Social Affairs 24,257,600 MOFEC- Finance 5,000,000 National Disaster Risk Management Commission (NDRMC) 35,316,665 11,208,290,405 Bank service charge and miscellaneous 19,508,005 11,227,798,410 Ending balance -7 July 2019 367,408,320 15 THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA MINISTRY OF FINANCE PRODUCTIVE SAFETY NET PROGRAMME PHASE-IV (PSNP- IV) NOTES TO THE FINANCIAL STATEMENTS 1. PROGRAMME INFORMATION The Programme was established to support Ethiopia's efforts to transition from relief- oriented assistance to a development-oriented productive safety net. These financial statements reflect the receipts and disbursements of credit and grant given by Danish International Development Assistance Department of Foreign Affairs, Trade and Development - Canada European Commission Government of Ireland (DCI) Government of the United Kingdom (DFID) International Development Association (IDA) Irish Aid Royal Netherlands Embassy SIDA United Nations Children's Fund USAID WFP to finance safety net activities, including public works Programme sub-projects and support to labor-poor households, and institutional support as well as Household Asset Building Programmes. 2. SIGNIFICANT ACCOUNTING POLICIES The principal accounting policies adopted by the Programme, which are consistent with those applied in the preceding period, are stated below. a) Basis of preparation These financial statements have been prepared in accordance with the Ethiopian Government's Manual of the Federal Accounting System which is based on a modified cash basis of accounting. b) Currency These financial statements are presented in Birr. Transactions in foreign currencies are translated into Birr at the approximate rates of exchange prevailing at the dates of the transactions. Assets and liabilities denominated in foreign currencies are translated into Birr at the exchange rates ruling at the dates of the balance sheet. 16 THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA MINISTRY OF FINANCE PRODUCTIVE SAFETY NET PROGRAMMEPHASE-IV (PSNP- IV) NOTES TO THE FINANCIAL STATEMENTS (continued) 3 CASH AT BANK CASH AT BANK AT THE MINISTRY OF FINANCE Amount in Exchange Equivalent Foreign rate in Ethiopian DESIGNATED ACCOUNTS Currency Buying Birr IDA Credit 5540ET USD 22.62 28.9369 655 IDA D233-ET ERPSNP USD 23,971,106.15 28.9369 693,649,501 DFID GBP 11,975,448.85 36.3910 435,798,559 IRISH -DCI EURO 1.74 32.6582 57 MULTI DONOR TRUST FUND USD 30,000,002.11 28.9369 868,107,061 Grant OA1426 USD 2.66 28,9369 77 Austrian Development Agency EURO 2.00 32.6582 65 WFP USD 5.11 28.9369 148 IDA Credit APL IV6041-ET USD 899.85 28.9369 26.039 1,997,582,162 Balance in pool Birr account Number 01001010669 367,408,320 MOFEC-Finance Administration 2,405,317 Balance at Federal Food Security Coordination Directorate 69,415,856 Balance at Ministry of Labour and Social Affairs 6,371,156 Balance at National Disaster and Risk 49,232,531 Management Corporation (NDRMC) B/ C/ F 2,492,415,342 17 THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA MINISTRY OF FINANCE PRODUCTIVE SAFETY NET PROGRAMMEPHASE-IV (PSNP-IV) NOTES TO THE FINANCIAL STATEMENTS (continued) 3. CASH AT BANK (continued) Birr Ethiopian Birr B/ B/ F 2,492,415,342 CASH AT BANK AT REGIONAL STATES Tigray National Regional State 36,233,343 Amhara National Regional State 101,514,999 Oromia National Regional State 105,482,944 Southern Nations, Nationalities and Peoples Regional State 51,438,456 Harari National Regional State 7,273,885 Afar National Regional State 18,102,400 Somali National Regional State 448,791,584 Dire-Dawa City Administration 5,623,290 774,460,901 Total 3,266,876,243 18 THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA MINISTRY OF FINANCE PRODUCTIVE SAFETY NET PROGRAMME PHASE-IV (PSNP- IV) NOTES TO THE FINANCIAL STATEMENTS (continued) 3. CASH ON HAND 2018 Ethiopian Birr Ethiopian Birr Tigray National Regional State 18,230 101,920 Amhara National Regional State 419,616 855,670 Oromia National Regional State 4,924,775 2,979,335 Southern Nations, Nationalities and Peoples Regional State 279,114 538,284 Harari 11,905 - Afar National Regional State 823,958 1,015,821 Somali National Regional State 20,212,899 1,523,555 Dire-Dawa City Administration 6,966 8,825 Ministry of Labour& Social Affairs 24,402 24,402 MOFEC-Finance 444 1.181 26,722,30970493 4. ADVANCES 2018 Ethiopia Birr Ethiopia Birr Tigray National Regional State 1,566,650 2,252,829 Amhara National Regional State 216,492,145 124,651,576 Oromia National Regional State 10,211,559 5,736,792 Southern Nations, Nationalities and Peoples Regional State 5,695,923 6,279,896 Harari National Regional State 2,299,425 - Afar National Regional State 2,134,395 868,699 Somali National Regional State 15,548,322 5,861,652 DireDawa City Administration 773 - Federal Food Security Coordination Directorate 1,285,559,282 161,624,438 Ministry of Labor & Social Affairs (MoLSA) 94,772 4,839 MOFED - 12,008 National Disaster Risk Management Commission 14,965,889 7,524,679 1,554569,135 314814 19 THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA MINISTRY OF FINANCE PRODUCTIVE SAFETY NET PROGRAMME PHASE-IV (PSNP- IV) NOTES TO THE FINANCIAL STATEMENTS (continued) 5. ACCOUNTS PAYABLE 2018 Ethiopian Birr Ethiopian Birr Tigray National Regional State 1,335,817 17,600,346 Amhara National Regional State 289,576,859 218,961,206 Oromia National Regional State 81,332,916 26,836,723 Southern Nations, Nationalities and Peoples Regional States 19,273,368 13,113,620 Afar National Regional State 8,879,883 3,391,291 Somali National Regional State 460,548,086 39,734,971 DireDawa City Administration 1,232,905 1,556,000 Federal Food Security Coordination Directorate 861,801 910,706 Harari Peoples National Regional State 5,596,358 5,258,740 MoLSA 3,165,069 897,365 MOFED - 51,635 NDRMC 38,047 57,504 871,841,109 3237.0 6. ACCUMULATED FUND Ethiopian Birr Balance at 7 July 2018 3,220,658,963 Excess of sources over uses for the year 755,667,615 Balance at 7 July 2019 3,976,326,58 20 THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA MINISTRY OF FINANCE PRODUCTIVE SAFETY NET PROGRAMME PHASE-IV (PSNP- IV) NOTES TO THE FINANCIAL STATEMENTS (continued) 7. DATE OF AUTHORIZATION The Channel One Programmes Coordinating Directorate Director of the Ministry of Finance authorized the issue of these financial statements on 3 January 2020. 21 � о`У',�� `,�° о � °г° о�м� � а� s� �� � .� rn,-� ri г� �д м r, с� ,-, о � у `"" Г� о� v� o� N� м � �а с�i и й� +-' �, ^С � ар N и� и оо �о cv г� t� и г� ,� а� N� и [� �О �о о м �о М l� оо и� �,� �,�•а `D Nйо� о; м и �о ий�r �.�.� у� о о оо � г� о и и г� си и и•-' г ��, �� N д� м rn � t� о� N и� U уо �.�С с� ,� cV г-� м м м'--� W �,, ,� ,-� .� Z �+ rn й гN*1 � О� � W � о и т о и й � s. а1 су r.� ,--� t� •� G� 00 �--� М М М 0 01 М N И д' .,� с � а+ о�� � й �' � � � � 1 � W Г=, о+ .° и и су [� й �у W М �--� И \D � F+��1 Н :. � о о°,, N � о°, � г�".i М И N •--� �О � ,^ � G-1 и о и cv �о � �у н � ��„ � � м й N � й м .. � •�, н W "С р R, ,..�� рор � ,�_, � �D �W �а.� И.-+ [� оо о � � W N N м � о W t� � д- и и о �Г�U •� o�N о rn � R'i� ,� �0. ^ � оо �_ cv cy с� о� F�1 � � р � •С�рб , д1 [� � � N � 0.' U д � р о orio °� `�° с°и й й N н а�� о✓� ии � и и W м д� ,-+ ev � ни � ~' � z s�", й � � о�о м F, � ,�'��"� �� t� су о � и Гri � гл N �о �о о� Гг, � W� i� �� , ои , д rn � r о а'' F'' о г� �•а � м N °° о V W ь.z.�� W о' •� t� оо о оо . � � � � W ,� ,� ,--� `� � а � � °а � w � а� W Z о� � ° ьд °' W и.Z� � vv�,,, z� г�.� ���� и �� Г� г=.� ° �"�гН Е�О г�оо �� акi U а�э ри W о� wa, Az`� ~Н dN �.о_�° а w w�d° -° д° г�и �W ''�� и � � � о ° О�''�� �� ''�у� �0� zW ��1 U о°' � и � гиi�W � 1 О�����1 rW��"'(-� ОЕ., �� д�.,,-.. � о � и� W��� �,д�� A�iU Ud Ur i.'7. � �.� F-� W ьл UoUt� й й з c�Ur W Е-� � WЕ., U о а� о�: О и� DC U ��-д � U w�д G�и д идС7С7 Е� �а W д UUdad w�o й�а � ANNEX THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA MINISTRY OF FINANCE PRODUCTIVE SAFETY NET PROGRAMMEPHASE-IV(PSNP-IV) IFR WITHDRAWAL SCHEDULE for application submitted during the year from 8 July 2018 to 7 July 2019 Co-financiers Amount Amount Equivale Total Awfication Reference requested disbursed in Ethiopi Ethiopia No. No. USD USD Birr Birr USD 04 IDA D233ET 69,061,837.72 69,061,837.72 1,919,767,153 05 IDA D233ET 86,262,976.63 86,262,976.63 2,440,854,055 06 IDA D233ET 55,445,621.33 55,445,621.33 1,588,894,082 08 IDA D233ET 23,971,105.16 23,671,105,16 693,026,224 16 IDA 5540ET 20.90 20.90 589 07 IDA 6041ET 899.85 889.85 25,370 234,442,451.59 6,642,567,473 05 TF OA3267 16,397,397.25 16,397,397.25 455,239,300 06 TF OA3267 2,712,537.16 2,712,537,16 76,455,301 08 TF OA3267 30,000,000.00 30,000,000.00 867,327,000 49,109,934.41 1,399,021,601 07 TF 1426 3,572,915.94 3,572,915.94 98,511,009 08 TF 1426 13,602,602.66 13,602,602.66 377,647,698 17,175,518.60 476,158,707 GBP GBP DFID 47,735,182.63 1,693,992,746 14,095,373.63 500,388,583 11,975,446.12 439,734,789 73,806,002:38 2,634,116,118 EURO EURO IRISH 10,399,925 10,399,925 330,865,294 330,865,294 11,482,729,193 23