Common use of Financial Management, Financial Reports and Audits Clause in Contracts

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient shall prepare and furnish to the Association as part of the Project Reports not later than forty-five (45) days after the end of each Fiscal Year trimester, interim unaudited financial reports for the Project covering the Fiscal Year trimester, in form and substance satisfactory to the Association. 3. The Recipient shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year of the Recipient. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient shall prepare and furnish to the Association as part of the Project Reports Report not later than forty-five (45) days after the end of each Fiscal Year trimester, interim unaudited un-audited financial reports for the Project covering the Fiscal Year trimester, in form and substance satisfactory to the Association. 3. The Recipient shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year of the Recipient. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient shall prepare and furnish to the Association as part of the Project Reports Report not later than forty-five (45) days after the end of each Fiscal Year trimesterquarter, interim unaudited financial reports for the Project covering the Fiscal Year trimesterquarter, in form and substance satisfactory to the Association. 3. The Recipient shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b4.09 (b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the Recipient, commencing with the fiscal year in which the first withdrawal was made under the Preparation Advance for the Project. The audited Financial Statements and a Management Letter for each such period shall be furnished to the Association not later than six months (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient shall prepare and furnish to the Association and as part of the Project Reports Report not later than forty-five (45) days after the end of each Fiscal Year calendar trimester, interim unaudited financial reports for the Project covering the Fiscal Year trimester, in form and substance satisfactory to the Association. 3. The Recipient shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the Recipient. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall Borrower shall, through MSN, maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 5.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient shall Borrower shall, through MSN, prepare and furnish to the Association as part of the Project Reports Bank not later than forty-five (45) days after the end of each Fiscal Year trimestercalendar quarter, interim unaudited un-audited financial reports for the Project covering the Fiscal Year trimesterquarter, in form and substance satisfactory to the AssociationBank. 3. The Recipient shall Borrower shall, through MSN, have its Financial Statements audited in accordance with the provisions of Section 4.09(b5.09 (b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the RecipientBorrower. The audited Financial Statements for each such period shall be furnished to the Association Bank not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient Borrower shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 5.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient Borrower shall prepare and furnish to the Association as part of the Project Reports Bank, not later than forty-one hundred and five (45105) days after the end of the six month period ending on June 30 and December 31 each Fiscal Year trimesteryear, interim unaudited financial reports for the Project covering the Fiscal Year trimestersemester, in form and substance satisfactory to the AssociationBank. 3. The Recipient Borrower shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b5.09 (b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the RecipientBorrower. The audited Financial Statements for each such period shall be furnished to the Association Bank not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient Borrower shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 5.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient Borrower shall prepare and furnish furnish, or cause to be prepared and furnished, to the Association as part of the Project Reports Bank not later than forty-five (45) days after the end of each Fiscal Year trimestercalendar semester, interim unaudited financial reports for the Project covering the Fiscal Year trimesterquarter, in form and substance satisfactory to the AssociationBank. 3. The Recipient Borrower shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b5.09(b) of the General Conditions. Each , and each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the RecipientBorrower. The audited Financial Statements for each such period shall be furnished to the Association Bank not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient shall prepare and furnish to the Association as part of the Project Reports Report not later than forty-five (45) days after the end of each Fiscal Year trimesterquarter, interim unaudited un-audited financial reports for the Project covering the Fiscal Year trimesterquarter, in form and substance satisfactory to the Association. 3. The Recipient shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year of the Recipient. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient shall prepare and furnish to the Association as part of the Project Reports Report not later than forty-five (45) days after the end of each Fiscal Year trimestercalendar quarter, interim unaudited financial reports an Interim Unaudited Financial Report for the Project covering the Fiscal Year trimesterquarter, in form and substance satisfactory to the Association. 3. The Recipient shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b4.09 (b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the Recipient, commencing with the fiscal year in which the first withdrawal under the Project Preparation Advance was made. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall cause MEDT to maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient shall cause MEDT to prepare and furnish to the Association as part of the Project Reports Report, not later than forty-five (45) days after the end of each Fiscal Year trimestercalendar quarter, interim unaudited financial reports for the Project covering the Fiscal Year trimesterquarter, in form and substance satisfactory to the Association. 3. The Recipient shall cause MEDT to have its the Financial Statements of the Project audited in accordance with the provisions of Section 4.09(b4.09 (b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the Recipient, commencing with the fiscal year in which the first withdrawal was made. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain, and shall cause the Entities to maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient Recipient, through the Entities, shall prepare and furnish to the Association as part of the Project Reports Association, not later than forty-forty five (45) days after the end of each Fiscal Year trimestercalendar quarter, interim unaudited financial reports for the Project covering the Fiscal Year trimesterquarter, in form and substance satisfactory to the Association. 3. The Recipient shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b4.09 (b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the Recipient. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient shall prepare and furnish furnish, or cause to be prepared and furnished, to the Association as part of the Project Reports not later than forty-five (45) days after the end of each Fiscal Year trimestercalendar quarter, interim unaudited financial reports for the Project covering the Fiscal Year trimesterquarter, in form and substance satisfactory to the Association. 3. The Recipient shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year of the Recipient. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient shall prepare and furnish to the Association as part of the Project Reports Report not later than forty-five (45) days after the end of each Fiscal Year trimester, interim unaudited un- audited financial reports for the Project covering the Fiscal Year trimester, in form and substance satisfactory to the Association. 3. The Recipient shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year of the Recipient, commencing with the Fiscal Year in which the first withdrawal under the Project Preparation Advance was made. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient shall prepare and furnish to the Association as part of the Project Reports Report not later than forty-five five-days (45) days after the end of each Fiscal Year trimestercalendar quarter, interim unaudited financial reports for the Project covering the Fiscal Year trimesterquarter, in form and substance satisfactory to the Association. 3. The Recipient shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the Recipient. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient shall prepare and furnish to the Association as part of the Project Reports Report not later than forty-five (45) days after the end of each Fiscal Year trimestercalendar quarter, interim unaudited financial reports for the Project covering the Fiscal Year trimesterquarter, in form and substance satisfactory to the Association. 3. The Recipient shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b4.09 (b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year of the Recipient, commencing with the Fiscal Year in which the first withdrawal was made under the Additional Financing for the Project. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient Borrower shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 5.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient shall Borrower shall, through MSN, prepare and furnish to the Association as part of the Project Reports Bank not later than forty-five (45) days after the end of each Fiscal Year trimestercalendar quarter, interim unaudited un-audited financial reports for the Project covering the Fiscal Year trimesterquarter, in form and substance satisfactory to the AssociationBank. 3. The Recipient shall Borrower shall, through MSN, have its Financial Statements audited in accordance with the provisions of Section 4.09(b5.09 (b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the RecipientBorrower, commencing with the fiscal year in which the first withdrawal under the Project Preparation Advance was made. The audited Financial Statements for each such period shall be furnished to the Association Bank not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient Borrower shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 5.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient Borrower shall, or shall cause Andhra Pradesh to prepare and furnish to the Association Bank as part of the Project Reports Report not later than forty-five six (456) days weeks after the end of each Fiscal Year trimestercalendar quarter, interim unaudited financial reports for the Project covering the Fiscal Year trimesterquarter, in form and substance satisfactory to agreed with the AssociationBank. 3. The Recipient Borrower shall have its the Project’s Financial Statements audited in accordance with the provisions of Section 4.09(b5.09(b) of the General Conditions. Each audit of the Project Financial Statements shall cover the period of one (1) Fiscal Year financial year of the RecipientBorrower, commencing with the financial year in which the first withdrawal was made under the Project. The audited Project Financial Statements for each such period shall be furnished to the Association Bank not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient Borrower, through SEPLAG, shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 5.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient Borrower, through SEPLAG, shall prepare and furnish to the Association as part of the Project Reports Bank not later than forty-five (45) thirty days after the end of each Fiscal Year trimestercalendar semester, interim unaudited financial reports for the Project covering the Fiscal Year trimestersemester, in form and substance satisfactory to the AssociationBank. 3. The Recipient Borrower, through SEPLAG, shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b5.09 (b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the RecipientBorrower. The audited Financial Statements for each such period shall be furnished to the Association Bank not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient Borrower shall maintain maintain, or cause to be maintained maintained, a financial management system in accordance with the provisions of Section 4.09 5.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient Borrower shall prepare and furnish to the Association Bank as part of the Project Reports Report by not later than forty-five (45) days March 15 and September 15 in each year after the end of each Fiscal Year trimestercalendar semester, interim unaudited un-audited financial reports for the Project covering the Fiscal Year trimestercalendar semester, in form and substance satisfactory to the AssociationBank. 3. The Recipient Borrower shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b5.09(b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the RecipientBorrower. The audited Financial Statements for each such period shall be furnished to the Association Bank not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient Borrower, through SAT, shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 5.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient Borrower, through SAT, shall prepare and furnish to the Association as part of the Project Reports Bank not later than forty-forty five (45) days after the end of each Fiscal Year trimestercalendar semester, interim unaudited financial reports for the Project covering the Fiscal Year trimestersemester, in form and substance satisfactory to the AssociationBank. 3. The Recipient Borrower, through SAT, shall have its the Project Financial Statements audited in accordance with the provisions of Section 4.09(b5.09 (b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the RecipientBorrower, commencing with the fiscal year in which the Project becomes effective. The audited Financial Statements for each such period shall be furnished to the Association Bank not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient shall prepare ensure that the Project Implementing Entity prepares and furnish furnishes to the Association as part of the Project Reports not later than forty-five (45) days after the end of each Fiscal Year trimesterReport, interim unaudited un-audited financial reports for the Project covering the Fiscal Year trimesterquarter, in form and substance satisfactory to the Association. 3. The Recipient shall have ensure that the Project Implementing Entity has its Financial Statements audited in accordance with the provisions of Section 4.09(b4.09 (b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the Recipient. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient Borrower, through MINEDUC, shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 5.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this SectionThe Borrower, the Recipient through MINEDUC, shall prepare and furnish to the Association Bank, as part of the Project Reports Report, not later than forty-forty five (45) days after the end of each Fiscal Year trimestercalendar semester, interim unaudited un-audited financial reports for the Project covering the Fiscal Year trimestersemester, in form and substance satisfactory to the AssociationBank. 3. The Recipient Borrower, through MINEDUC, shall have its the Project’s Financial Statements audited in accordance with the provisions of Section 4.09(b5.09 (b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the RecipientBorrower. The audited Financial Statements for each such period shall be furnished to the Association Bank not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain or cause to be established and maintained within the Project Implementing Entity a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A A.1 of this SectionSection II, the Recipient shall prepare cause to be prepared and furnish furnished to the Association as part of the Project Reports not later than forty-five (45) days after the end of each Fiscal Year trimesterReport, interim unaudited financial reports for the Project covering the Fiscal Year trimesterquarter, in form and substance satisfactory to the Association. 3. The Recipient shall have its ensure that the Project Implementing Entity’s Financial Statements are audited in accordance with the provisions of Section 4.09(b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the RecipientProject Implementing Entity. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain or shall cause to be established and maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient shall prepare or shall cause to be prepared and furnish furnished to the Association as part of the Project Reports not later than forty-five (45) days after the end of each Fiscal Year trimestercalendar quarter, interim unaudited un-audited financial reports for the Project covering the Fiscal Year trimesterquarter, in form and substance satisfactory to the Association. 3. The Recipient shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the Recipient, commencing with the fiscal year in which the first withdrawal under the Project Preparation Advance was made. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the The Recipient shall prepare and furnish to the Association as part of Association, or cause the Project Reports Implementing Entity to prepare and furnish to the Association, not later than forty-five (45) days after the end of each Fiscal Year trimestercalendar quarter, interim unaudited financial reports for the Project covering the Fiscal Year trimesterquarter, in form and substance satisfactory to the Association. 3. The Recipient shall cause the Project Implementing Entity to have its Financial Statements audited in accordance with the provisions of Section 4.09(b4.09 (b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the RecipientProject Implementing Entity. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient shall prepare and furnish or cause to be prepared and furnished to the Association as part of the Project Reports not later than forty-forty five (45) days after the end of each Fiscal Year trimestercalendar six months, interim unaudited un-audited financial reports for the Project covering the Fiscal Year trimestercalendar six months, in form and substance satisfactory to the Association. 3. The Recipient shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b4.09 (b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the Recipient. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall cause the ANACS to maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient shall prepare and furnish furnish, or cause to be prepared and furnished, to the Association as part of the Project Reports not Report no later than forty-five (45) 45 days after the end of each Fiscal Year trimestercalendar quarter, interim unaudited un-audited financial reports for the Project covering the Fiscal Year trimesterthat quarter, in form and substance satisfactory to the Association. 3. The Recipient shall have its the Financial Statements for the Project audited in accordance with the provisions of Section 4.09(b4.09 (b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year of the RecipientYear. The audited Financial Statements for each such period shall be furnished to the Association not no later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient shall cause Uttar Pradesh to prepare and furnish to the Association as part of the Project Reports not later than forty-five (45) days after the end of each Fiscal Year trimestercalendar quarter, interim unaudited financial reports for the Project covering the Fiscal Year trimesterquarter, in form and substance satisfactory to the Association. 3. The Recipient shall have its the Project’s Financial Statements audited in accordance with the provisions of Section 4.09(b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year financial year of the Recipient, commencing with the financial year in which the first withdrawal under the Project was made. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient shall prepare and furnish to the Association as part of the Project Reports Association, not later than forty-five (45) days after the end of each Fiscal Year trimestercalendar quarter, interim unaudited financial reports for the Project covering the Fiscal Year trimesterquarter, in form and substance satisfactory to the Association. 3. The Recipient shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b4.09 (b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the Recipient, or such other period as may be agreed with the Association. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient Borrower, through the FNRR, shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 5.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient Borrower shall prepare and furnish to the Association as part of the Project Reports Bank not later than forty-five (45) days after the end of each Fiscal Year trimestercalendar quarter, interim unaudited un-audited financial reports for the Project covering the Fiscal Year trimesterquarter, in form and substance satisfactory to the AssociationBank. 3. The Recipient Borrower shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b5.09 (b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the RecipientBorrower, or such other period as agreed by the Bank. The audited Financial Statements for each such period shall be furnished to the Association Bank not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain or cause to be maintained by the Project Implementing Entity a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient shall prepare and furnish to the Association as part of the Project Reports not Report no later than forty-five (45) 45 days after the end of each Fiscal Year trimestercalendar quarter, interim unaudited un-audited financial reports for the Project covering the Fiscal Year trimesterthat quarter, in form and substance satisfactory to the Association. 3. The Recipient shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b4.09 (b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year of the RecipientYear. The audited Financial Statements for each such period shall be furnished to the Association not no later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain maintain, or cause to be maintained maintained, a financial management system in accordance with the provisions of Section 4.09 2.07 of the General Standard Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient shall prepare and furnish to the Association as part of the Project Reports World Bank by not later than forty-five (45) days January 31, April 30, July 31 and October 31 in each year after the end of each Fiscal Year trimestercalendar quarter, interim unaudited un-audited financial reports for the Project covering the Fiscal Year trimestercalendar quarter, in form and substance satisfactory to the AssociationWorld Bank. 3. The Recipient shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b) 2.07 of the General Standard Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the Recipient. The audited Financial Statements for each such period shall be furnished to the Association World Bank not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient shall, or shall cause the Project Implementing Entity to, prepare and furnish to the Association as part of the Project Reports not later than forty-five sixty (4560) days after the end of each Fiscal Year trimestercalendar quarter, interim unaudited un-audited financial reports for the Project covering the Fiscal Year trimesterquarter, in form and substance satisfactory to the Association. 3. The Recipient shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the Recipient, commencing with the fiscal year in which the first withdrawal under the Project was made. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient shall prepare and furnish to the Association as part of the Project Reports not later than forty-five (45) days after the end of each Fiscal Year trimestercalendar quarter, interim unaudited financial reports for the Project covering the Fiscal Year trimestersuch quarter, in form and substance satisfactory to the Association. 3. The Recipient shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the Recipient, commencing with the fiscal year in which the first withdrawal under the Project Preparation Advance was made. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient shall prepare and furnish to the Association Association, as part of the Project Reports Report, not later than forty-five (45) days after the end of each Fiscal Year trimester, calendar quarter interim unaudited un-audited financial reports for the Project Project, covering the Fiscal Year trimesterquarter, in form and substance satisfactory to the Association. 3. The Recipient shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b4.09 (b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the Recipient, commencing with the fiscal year in which the first withdrawal was made. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient shall prepare and furnish to the Association and as part of the Project Reports Report not later than forty-forty five (45) days after the end of each Fiscal Year fiscal trimester, interim unaudited financial reports for the Project covering the Fiscal Year trimester, in form and substance satisfactory to the Association. 3. The Recipient shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the Recipient, commencing with the fiscal year in which the first withdrawal was made under the Preparation Advance for the Project. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient Borrower shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 5.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient Borrower shall prepare and furnish to the Association as part of the Project Reports Bank not later than forty-five (45) days after the end of each Fiscal Year trimestercalendar quarter, interim unaudited un-audited financial reports for the Project covering the Fiscal Year trimesterquarter, in form and substance satisfactory to the AssociationBank. 3. The Recipient Borrower shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b5.09 (b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the RecipientBorrower, or such other period as agreed by the Bank. The audited Financial Statements for each such period shall be furnished to the Association Bank not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient Borrower, through the ISPA, shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 5.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient Borrower, through ISPA, shall prepare and furnish to the Association as part of the Project Reports Bank not later than forty-five (45) days after the end of each Fiscal Year trimestercalendar quarter, interim unaudited financial reports for the Project covering the Fiscal Year trimestercalendar quarter, in form and substance satisfactory to the AssociationBank. 3. The Recipient Borrower, through the ISPA, shall have its the Financial Statements audited in accordance with the provisions of Section 4.09(b5.09 (b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the RecipientBorrower. The audited Financial Statements for each such period shall be furnished to the Association Bank not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient shall prepare and furnish to the Association as part of the Project Reports project report not later than forty-five (45) days after the end of each Fiscal Year trimestercalendar semester, interim unaudited financial reports for the Project covering the Fiscal Year trimestersemester, in form and substance satisfactory to the Association. 3. The Recipient shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b4.09 (b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one calendar year (1) Fiscal Year covering the period starting January 1 and ending December 31 of the Recipienteach year). The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) four months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain or maintain, and cause to be maintained maintained, a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient shall prepare and furnish to the Association as part of the Project Reports not later than forty-five (45) days after the end of each Fiscal Year trimestercalendar semester, interim unaudited financial reports for the Project covering the Fiscal Year trimestersemester, in form and substance satisfactory to the Association, consolidating therein the quarterly unaudited interim financial reports submitted by the HEIs which are recipients of TRIGs. 3. The Recipient shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the Recipient. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient Recipient, shall prepare and furnish to the Association Association, as part of the Project Reports to be prepared under paragraph (b) of Part A.1 of this Section, not later than forty-five (45) 45 days after the end of each Fiscal Year trimester, calendar semester interim unaudited financial reports for the Project covering the Fiscal Year trimesterquarter, in form and substance satisfactory to the Association. 3. The Recipient shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b4.09 (b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the Recipient, commencing with the fiscal year in which the first disbursement under this Agreement was made. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient shall prepare and furnish to the Association as part of the Project Reports Report not later than forty-five (45) days after the end of each Fiscal Year trimester, calendar quarter interim unaudited un-audited financial reports for the Project covering the Fiscal Year trimesterquarter, in form and substance satisfactory to the Association. 3. The Recipient shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the Recipient, commencing with the fiscal year in which the first withdrawal under the Project Preparation Advance was made. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain or maintain, and cause to be maintained maintained, a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this SectionSection II, the Recipient shall prepare cause to be prepared and furnish furnished to the Association as part of the Project Reports not later than forty-forty- five (45) days after the end of each Fiscal Year trimestercalendar quarter, interim unaudited financial reports for the Project covering the Fiscal Year trimesterquarter, in form and substance satisfactory to the Association. 3. The Recipient shall have its cause the Financial Statements to be audited in accordance with the provisions of Section 4.09(b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the RecipientProject Implementing Entities. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient shall prepare and furnish to the Association as part of the Project Reports not later than forty-five (45) days after the end of each Fiscal Year trimestercalendar semester, interim unaudited financial reports for the Project covering the Fiscal Year trimesterexpenditures incurred under the Project up to (including) the respective calendar semester, in form and substance satisfactory to the Association. 3. The Recipient shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the Recipient, commencing with the fiscal year in which the first withdrawal was made. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient shall prepare and furnish to the Association as part of the semiannual Project Reports Reports, not later than forty-five (45) 45 days after the end of each Fiscal Year trimestersemester, interim unaudited un-audited financial reports for the Project covering the Fiscal Year trimesterprevious semester, in form and substance satisfactory to the Association. 3. The Recipient shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b4.09 (b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the Recipient, commencing with the fiscal year in which the first withdrawal under the Credit was made. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient shall prepare and furnish to the Association as part of the Project Reports not later than forty-forty five (45) days after the end of each Fiscal Year trimestercalendar semester (June 30 and December 31), interim unaudited un-audited financial reports for the Project covering the Fiscal Year trimesterrespective six-month period, in form and substance satisfactory to the Association. 3. The Recipient shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b4.09 (b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the Recipient, commencing with the fiscal year in which the first withdrawal under the Project was made. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General ConditionsConditions for the Project. 2. Without limitation on the provisions of Part A of this Section, the Recipient shall shall, through the MoH, prepare and furnish to the Association as part of the Project Reports Bank not later than forty-forty five (45) calendar days after the end of each Fiscal Year trimestercalendar semester, interim unaudited financial reports for the Project covering the Fiscal Year trimestersemester, in form and substance satisfactory to the Association. 3. The Recipient shall shall, through the MoH, have its the Financial Statements for the Project audited in accordance with the provisions of Section 4.09(b4.09 (b) of the General ConditionsConditions for the Project. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the Recipient. The audited Financial Statements for each such period shall be furnished to the Association Bank not later than six (6) twelve months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient shall prepare and furnish to the Association as part of the Project Reports Report not later than forty-five (45) 45 days after the end of each Fiscal Year trimestercalendar quarter, interim unaudited financial reports for the Project covering the Fiscal Year trimesterquarter, in form and substance satisfactory to the Association. 3. The Recipient shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b4.09 (b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year of six months, commencing with the Recipientfiscal year in which the first withdrawal under the Project was made. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient shall prepare and furnish to the Association as part of the semiannual Project Reports Reports, not later than forty-five (45) 45 days after the end of each Fiscal Year trimestercalendar six months, interim unaudited un-audited financial reports for the Project covering the Fiscal Year trimesterprevious six months, in form and substance satisfactory to the Association. 3. The Recipient shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b4.09 (b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the Recipient, commencing with the fiscal year in which the first withdrawal under the Project Preparation Advance was made. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain or cause to be maintained a financial management system Financial Management System (FMS) in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient shall prepare and furnish to the Association as part of the Project Reports Report, not later than forty-five (45) days after the end of each Fiscal Year trimestercalendar quarter, interim unaudited un-audited financial reports for the Project covering the Fiscal Year trimesterquarter, in form and substance satisfactory to the Association. 3. The Recipient shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b4.09 (b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the Recipient, commencing with the fiscal year in which the first withdrawal under the Project Preparation Advance was made. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient shall prepare ensure that the Project Implementing Entity prepares and furnish furnishes to the Association as part of the Project Reports not later than forty-five (45) days after the end of each Fiscal Year trimesterReport, interim unaudited un-audited financial reports for the Project covering the Fiscal Year trimesterquarter, in form and substance satisfactory to the Association. 3. The Recipient shall cause the Project Implementing Entity to have its Financial Statements audited in accordance with the provisions of Section 4.09(b4.09 (b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the Recipient. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient shall shall, through NDMA, prepare and furnish to the Association as part of the Project Reports not later than forty-five (45) days after the end of each Fiscal Financial Year trimesterquarter, interim unaudited financial reports for the Project covering the Fiscal Year trimesterquarter, in form and substance satisfactory to the Association. 3. The Recipient shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Financial Year of the Recipient, commencing with the Financial Year in which the first withdrawal was made under the Preparation Advance for the Project. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this SectionSection II, the Recipient shall prepare and furnish to the Association as part of the Project Reports not later than forty-five (45) days after the end of each Fiscal Year trimestercalendar semester, interim unaudited financial reports for the Project covering the Fiscal Year trimestercalendar semester, in form and substance satisfactory to the Association, commencing August 15, 2010. 3. The Recipient shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the Recipient. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient shall prepare and shall cause the Project Implementing Entities to prepare and furnish to the Association as part of the Project Reports Report not later than forty-five (45) days one month after the end of each Fiscal Year trimestercalendar quarter, interim unaudited financial reports for the Project covering the Fiscal Year trimesterquarter, in form and substance satisfactory to the Association. 3. The Recipient shall cause the Project Implementing Entities to have its their own financial statements, and the Financial Statements audited in accordance with the provisions of Section 4.09(b4.09 (b) of the General Conditions. Each such audit of the Financial Statements shall cover the period of one (1) Fiscal Year of the RecipientYear. The audited Financial Statements audits for each such period shall be furnished to the Association not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain maintain, or cause to be maintained by the Project Implementing Entity, a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on upon the provisions of Part A of this Section, the Recipient shall prepare and furnish to the Association as part of the Project Reports not Report no later than forty-five (45) 45 days after the end of each Fiscal Year trimestercalendar quarter, interim unaudited un-audited financial reports for the Project covering the Fiscal Year trimesterquarter, in form and substance satisfactory to the Association. 3. The Recipient shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b4.09 (b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year of the RecipientYear. The audited Financial Statements for each such period shall be furnished to the Association not no later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A 1 of this Section, the Recipient shall prepare and furnish to the Association as part of the Project Reports Report not later than forty-five (45) days after the end of each Fiscal Year trimestercalendar quarter, interim unaudited un-audited financial reports for the Project covering the Fiscal Year trimesterquarter, in form and substance satisfactory to the Association. 3. The Recipient shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b4.09 (b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the Recipient, commencing with the Fiscal Year in which the first withdrawal under the Project Preparation Advance was made. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period. 4. The Recipient shall ensure that the scope of its audits include community investments.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient shall prepare and furnish to the Association as part of the Project Reports Report not later than forty-five (45) days after the end of each Fiscal Year trimestercalendar semester, interim unaudited financial reports for the Project covering the Fiscal Year trimestersemester, in form and substance satisfactory to the Association. 3. The Recipient shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b4.09 (b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the Recipient, commencing with the fiscal year in which the first withdrawal was made under the Preparation Advance for the Project. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient Recipient, through the MPE, shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient Recipient, through the MPE, shall prepare and furnish to the Association as part of the Project Reports not later than forty-forty five (45) days after the end of each Fiscal Year trimestercalendar quarter, interim unaudited financial reports for the Project covering the Fiscal Year trimesterquarter, in form and substance satisfactory to the Association. 3. The Recipient Recipient, through the MPE, shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b4.09 (b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the Recipient. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient Borrower shall maintain maintain, or cause to be maintained maintained, a financial management system in accordance with the provisions of Section 4.09 5.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient Borrower shall prepare and furnish to the Association as part of the Project Reports Bank by not later than forty-five (45) days January 31, April 30, July 31 and October 31 in each year after the end of each Fiscal Year trimestercalendar quarter, interim unaudited un-audited financial reports for the Project covering the Fiscal Year trimestercalendar quarter, in form and substance satisfactory to the AssociationBank. 3. The Recipient Borrower shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b5.09(b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the RecipientBorrower. The audited Financial Statements for each such period shall be furnished to the Association Bank not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient shall prepare and furnish to the Association Association, as part of the Project Reports Report, not later than forty-five (45) days after the end of each Fiscal Year trimestercalendar quarter, interim unaudited financial reports for the Project covering the Fiscal Year trimesterquarter, in form and substance satisfactory to the Association. 3. The Recipient shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the Recipient. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this SectionSection II, the Recipient shall prepare in a quarterly basis and furnish to the Association as part of the Project Reports not later than fortyan interim un-five (45) days after the end of each Fiscal Year trimester, interim unaudited audited financial reports for the Project covering the Fiscal Year trimester, (IFR) in form and substance satisfactory to the Association. The IFR shall be furnished to the Bank no later than one month after each subsequent calendar quarter, and shall cover such calendar quarter. 3. The Recipient shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b4.09 (b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year of the RecipientYear. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain maintain, or cause to be maintained maintained, a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient shall prepare prepare, or cause to be prepared, and furnish to the Association as part of the Project Reports not later than forty-five (45) days after the end of each Fiscal Year trimestercalendar quarter, interim unaudited financial reports for the Project covering the Fiscal Year trimesterquarter, in form and substance satisfactory to the Association. 3. The Recipient shall have its the Project Implementing Entity’s Financial Statements audited in accordance with the provisions of Section 4.09(b4.09 (b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the RecipientProject Implementing Entity. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient shall prepare and furnish to the Association as part of the Project Reports Report, not later than forty-five (45) days after the end of each Fiscal Year trimestercalendar quarter, interim unaudited financial reports for the Project covering the Fiscal Year trimesterquarter, in form and substance satisfactory to the Association. 3. The Recipient shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the Recipient, commencing with the fiscal year in which the first withdrawal was made under the Preparation Advance for the Project. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient Borrower shall maintain maintain, or cause to be maintained maintained, a financial management system in accordance with the provisions of Section 4.09 5.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this Section, the Recipient Borrower shall prepare and furnish to the Association Bank as part of the Project Reports Report by not later than forty-five (45) days March 1 and September 1 in each year after the end of each Fiscal Year trimestercalendar semester, interim unaudited un-audited financial reports for the Project covering the Fiscal Year trimestercalendar semester, in form and substance satisfactory to the AssociationBank. 3. The Recipient Borrower shall have its Financial Statements audited in accordance with the provisions of Section 4.09(b5.09(b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the RecipientBorrower. The audited Financial Statements for each such period shall be furnished to the Association Bank not later than six (6) months after the end of such period.

Financial Management, Financial Reports and Audits. 1. The Recipient shall maintain or maintain, and cause to be maintained maintained, a financial management system in accordance with the provisions of Section 4.09 of the General Conditions. 2. Without limitation on the provisions of Part A of this SectionSection II, the Recipient shall prepare cause to be prepared and furnish furnished to the Association as part of the Project Reports not later than forty-five (45) days after the end of each Fiscal Year trimestercalendar quarter, interim unaudited financial reports for the Project covering the Fiscal Year trimesterquarter, in form and substance satisfactory to the Association. 3. The Recipient shall have its cause the Financial Statements to be audited in accordance with the provisions of Section 4.09(b) of the General Conditions. Each audit of the Financial Statements shall cover the period of one (1) Fiscal Year fiscal year of the RecipientProject Implementing Entities. The audited Financial Statements for each such period shall be furnished to the Association not later than six (6) months after the end of such period.