Ethiopia Returns Unspent USD109mln World Bank Loan as Modjo–Hawassa Expressway Wraps Up

The Reporter Ethiopia · 2026-10-10T08:06:38.000Z · Finance

Ethiopia has cancelled approximately USD108.9 million in unwithdrawn credits under a long-running World Bank expressway project following multiple budget adjustments, competitive procurement savings, and final project closeout procedures. According to World Bank documentation spanning May 2020 through September 2026, the cumulative cancellations cover Special Drawing Rights (SDR) under both the original 2015 Expressway Development Support […]

This page presents the available publisher summary.