Government Contribution. (a) In accordance with Section 2.6(a) of the Compact, the Government shall make a Government Contribution toward meeting the objectives of the Compact. Such contribution shall be in addition to the Government’s spending allocated toward such objectives in its budget for the year immediately preceding the year that the Compact is signed and shall comply with the provisions of the Guidelines for Country Contributions. Xxxxx XXX to this Agreement sets forth the budget allocation of the Government Contribution to the Projects and program administration over the Compact Term.
Government Contribution. During the Compact Term, the Government will make contributions, relative to its national budget and taking into account prevailing economic conditions, as are necessary to carry out the Government’s responsibilities under Section 2.6(a) of this Compact. These contributions may include in-kind and financial contributions (including obligations of Benin on any debt incurred toward meeting these contribution obligations). In connection with this obligation the Government has developed a budget over the Compact Term to complement MCC Funding through budget allocations to each of the Projects and Program Administration. The Government will make a contribution of approximately US$28,125,000 (or 7.5 percent of the amount of MCC Funding provided under this Compact) over the Compact Term. The Government will allocate such contribution in the national budget according to a multi-year plan. The Government will provide evidence of the approval thereof to MCC prior to entry into force. In the event that deobligation of the On-Grid Tranche Funding or the Off-Grid Tranche Funding occurs in accordance with Section 8.3(a) of this Compact, the obligation for the corresponding Government contribution will cease to apply. Such contributions will be in addition to the Government’s spending toward such Project Objectives in its budget for the year immediately preceding the establishment of this Compact. The Government’s contribution will be subject to any legal requirements in Benin for the budgeting and appropriation of such contribution, including approval of the Government’s budget by its legislature. The Parties may set forth in the Program Implementation Agreement or other appropriate Supplemental Agreements certain requirements regarding this Government contribution, which requirements may be conditions precedent to the Disbursement of MCC Funding. During implementation of the Program, the Government’s contributions may be modified or new contributions added with MCC approval, provided that the modified or new contributions continue to advance the Project Objectives. EXHIBIT A TO ANNEX II MULTI-YEAR FINANCIAL PLAN SUMMARY (US$) Compact Program Tranche I and CIF CIF Year 1 Year 2 Year 3 Year 4 Year 5 Total
Government Contribution. The Government Contribution may include in-kind and financial contributions (including obligations of Nepal on any debt incurred toward meeting these contribution obligations). In connection with this obligation, the Government has developed a budget over the Compact Term to complement MCC Funding through budget allocations to the Compact Program. The Government Contribution is US$130,000,000. The Government Contribution includes a contribution of US$40,000,000 following Compact-signing but prior to entry into force of the Compact. The remaining contribution of US$90,000,000 will be committed by the Government prior to the initial disbursement of Program Funding and subsequently disbursed within the Compact Term. The Government Contribution is exclusive of the Government’s other obligations in the Compact including exemption of all Taxes. The Government Contribution will be subject to any legal requirements in Nepal for the budgeting and appropriation of such contribution, including approval of the Government’s annual budget by its legislature. The Parties may set forth in the Program Implementation Agreement or other appropriate Supplemental Agreements certain requirements regarding this Government Contribution, which requirements may be conditions precedent to the Disbursement of MCC Funding. EXHIBIT A TO ANNEX II MULTI-YEAR FINANCIAL PLAN SUMMARY (US$) Component CDF Year 1 Year 2 Year 3 Year 4 Year 5 Total
Government Contribution. Consistent with the requirements of each of Section 2.6(a) and Annex II of the Compact, as well as Section 2.13 of this Program Implementation Agreement, the Government will make the Government Contribution over the Compact Term to supplement MCC Funding through direct financial contributions toward expenditures of MCA-Benin II, or as otherwise agreed by the Parties in writing. The Government Contribution does not incorporate costs incurred by the Government prior to the Compact. Any reallocation across any line item or time period of the amounts below must be agreed to in writing between MCA-Benin II and MCC. The Government Contribution will support:
Government Contribution. During the Compact Term, the Government shall make an appropriate contribution, relative to its national budget and taking into account prevailing economic conditions, toward meeting the Objectives of this Compact. Such contribution shall be in addition to the Government’s spending allocated toward such Objectives in its budget for the year immediately preceding the establishment of this Compact. The Government has developed the Northern Zone Investment Plan, which includes anticipated contributions from the Government’s national budget, as well as MCC Funding and other international contributions. According to the Northern Zone Investment Plan, the Government anticipates making contributions from its national budget of approximately US$ 327 million over the Compact Term, including: (i) approximately US$ 100 million toward the Human Development Objective; (ii) approximately US$ 180 million toward the Productive Development Objective; and (iii) US$ 46 million toward the Connectivity Objective. The Government’s contribution remains subject to any legal requirements in El Salvador for the budgeting and appropriation of such contribution, including approval of the Government’s annual budget by the Asamblea Legislativa. The Government’s contribution may include in- kind and financial contributions (including obligations of the Government on any debt incurred toward meeting the Objectives) that the Government shall make in the satisfaction of the Government Responsibilities. The Parties may set forth in appropriate Supplemental Agreements certain requirements regarding the Government’s contribution, which requirements may be conditions precedent to MCC Disbursements. EXHIBIT A MULTI-YEAR FINANCIAL PLAN SUMMARY (Millions US$) Component Year 1 Year 2 Year 3 Year 4 Year 5 Total 1. Human Development Project A. Education and Training Activity B. Community Development Activity $2.91 $2.71 $9.53 $13.65 $7.15 $16.89 $4.24 $16.78 $3.88 $17.34 $27.71 $67.37 Sub-Total $5.62 $23.18 $24.04 $21.02 $21.22 $95.07 2. Productive Development Project A. Production and Business Services Activity B. Investment Support Activity C. Financial Services Activity $9.53 $4.02 $11.94 $4.20 $2.14 $12.04 $7.35 $1.36 $13.63 $7.35 $1.02 $9.77 $2.10 $1.00 $56.92 $21.00 $9.54 Sub-Total $13.55 $18.28 $20.76 $22.01 $12.87 $87.47 3. Connectivity Project A. Northern Transnational Highway Activity B. Connecting Roads Activity $15.09 $1.36 $52.88 $29.91 $57.85 $53.73 $11.93 $6.87 $2.21 $1.74 $139.95 $93...
Government Contribution. During the Compact Term, the Government shall make contributions, relative to its national budget and taking into account prevailing economic conditions, as are necessary to carry out the Government’s responsibilities under Section 2.6(a) of this Compact. These contributions may include in-kind and financial contributions (including obligations of Malawi on any debt incurred toward meeting these contribution obligations). In connection with this obligation, the Government has developed a budget over the Compact Term to complement MCC Funding through budget allocations to the Program, as further described in the Program Implementation Agreement. The Government shall make a contribution of Twenty-Six Xxxxxxx Xxx Xxxxxxx Xxxxx Xxxxxxxx Xxxxxx Xxxxxx Dollars (US$26,250,000) over the Compact Term, as provided in Section 2.6(a). Such contribution shall be in addition to the Government’s spending allocated toward such Project Objectives in its budget for the year immediately preceding the establishment of this Compact. The Government’s contribution shall be subject to any legal requirements in Malawi for the budgeting and appropriation of such contribution, including approval of the Government’s annual budget by its legislature. The Parties may set forth in the Program Implementation Agreement or other appropriate Supplemental Agreements certain requirements regarding this Government Contribution, which requirements may be conditions precedent to the Disbursement of MCC Funding. EXHIBIT A TO ANNEX II MULTI-YEAR FINANCIAL PLAN SUMMARY (US$) Component CFF Year 1 Year 2 Year 3 Year 4 Year 5 MCC Total Government Total Total Funding 1. AGC Project Road Corridor Improvement Activity $7,974,810 $19,588,476 $99,647,068 $61,369,312 $30,954,770 $9,463,564 $228,998,000 $25,785,039 $254,783,039 Policy and Institutional Reform and Capacity Building Reform Activity $0 $2,215,576 $5,317,381 $5,317,381 $3,101,662 $0 $15,952,000 $0 $15,952,000 Subtotal $7,974,810 $21,804,052 $104,964,449 $66,686,693 $34,056,432 $9,463,564 $244,950,000 $25,785,039 $270,735,039 2. Increased Land Productivity Project Land Administration Resourcing and Institutions Activity $400,694 $1,001,735 $2,103,643 $3,105,378 $5,008,674 $8,414,561 $20,034,685 $0 $20,034,685 City Council Land- Based Revenue Modernization Activity $461,446 $2,153,616 $2,422,593 $3,576,209 $5,768,079 $9,690,372 $24,072,315 $0 $24,072,315 Subtotal $862,140 $3,155,351 $4,526,236 $6,681,587 $10,776,753 $18,104,933 $44,107,000 $0 $44,...
Government Contribution. (a) In accordance with Section 2.6(a) of the Compact, the Government will make an appropriate contribution toward meeting the objectives of the Compact. Such contribution will be in addition to the Government’s spending allocated toward such objectives in its budget for its fiscal year 2019. The Government’s anticipated contributions from its national budget for fiscal years 2020 through 2024 are set forth in Schedule 3 to this Agreement. Such contributions remain subject to any legal requirements in Nepal for the budgeting and appropriation of such contributions, including approval of the Government’s annual budget by Nepal’s legislature. The Government’s contribution may include in-kind and financial contributions (including obligations of the Government on any debt incurred toward meeting the objectives).
Government Contribution. (a) In accordance with Section 2.6(a) of the Compact, the Government will make an appropriate contribution toward meeting the objectives of the Compact. Such contribution will be in addition to the Government’s spending allocated toward such objectiv... (b) Unless otherwise agreed by the Parties in writing, contributions denominated in the local currency of Nepal or other foreign currency will be recorded and converted to U.S. dollars at the exchange rate on the date the contribution payment is made ... (c) The Government further agrees to adhere to the principles and procedures for managing the Government’s contribution as specified in Schedule 4 to this Agreement.
Government Contribution. During the Compact Term, the Government shall make contributions as are necessary to carry out the Government’s responsibilities under Section 2.6(a) of this Compact. These contributions may include in-kind and financial contributions. In connection with this obligation the Government has developed a budget over the Compact Term to complement MCC Funding through budget allocations to the Program, as further described in the Program Implementation Agreement. The Government shall make a contribution of Fifty Million United States Dollars (US$50,000,000), as provided in Section 2.6(a). Such contribution shall be in addition to the Government’s spending allocated toward such Project Objectives in its budget for the years immediately preceding the date this Compact is signed and the date of entry into force of this Compact. The Government Contribution shall be subject to any legal requirements in Senegal for the budgeting and appropriation of such contribution, including approval of the Government’s annual budget by its legislature. The Parties may set forth in the Program Implementation Agreement or other appropriate Supplemental Agreements certain requirements regarding this Government Contribution, which requirements may be conditions precedent to the Disbursement of MCC Funding. EXHIBIT A TO ANNEX II MULTI-YEAR FINANCIAL PLAN SUMMARY MULTI‐YEAR FINANCIAL PLAN COMPACT CDF PERIOD COMPACT TERM CLOSEOUT PERIOD TOTAL OF COMPACT CDF AND MCC FUNDING TOTAL OF GOVERNMENT CONTRIBUTION TOTAL PROGRAM YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5
Government Contribution. During the Compact Term, the Government shall make contributions, relative to its national budget and taking into account prevailing economic conditions, as are necessary to carry out the Government’s responsibilities under Section 2.6(a) of this Compact. These contributions may include in-kind and financial contributions (including obligations of Kosovo on any debt incurred toward meeting these contribution obligations). In connection with this obligation, the Government has developed a budget over the Compact Term to complement MCC Funding through budget allocations to the Program, as further described in the Program Implementation Agreement. The Government shall make a contribution of Thirty-Four Million Six Hundred Seventy Thousand and Six Hundred United States Dollars (US$34,670,600) over the Compact Term, as provided in Section 2.6(a). Such contribution shall be in addition to the Government’s spending allocated toward such Project Objectives in its budget for the year immediately preceding the establishment of this Compact. The Government Contribution shall be subject to any legal requirements in Kosovo for the budgeting and appropriation of such contribution, including approval of the Government’s annual budget by its legislature. The Parties may set forth in the Program Implementation Agreement or other appropriate Supplemental Agreements certain requirements regarding this Government Contribution, which requirements may be conditions precedent to the Disbursement of MCC Funding. EXHIBIT A TO ANNEX II MULTI-YEAR FINANCIAL PLAN SUMMARY (US$) Component CFF Year 1 Year 2 Year 3 Year 4 Year 5 MCC Total Government Total 1. Energy Storage Project Frequency Restoration Response $443,376 $1,292,928 $10,316,651 $2,262,027 $3,736,587 $3,429,446 $21,481,015 $24,700,260 Multi-Functional Energy Storage $8,665,955 $7,867,637 $30,788,216 $48,442,395 $18,862,641 $1,962,046 $116,588,890 $8,233,420 Energy and Climate Policy Support $1,916,000 $2,034,667 $2,045,667 $2,056,667 $923,000 $650,000 $9,626,001 $0 Subtotal $11,025,331 $11,195,232 $43,150,534 $52,761,089 $23,522,228 $6,041,492 $147,695,906 $32,933,680 2. Just and Equitable Transition Acceleration Project Energy Skills for the Future $700,000 $1,000,000 $1,000,000 $2,500,000 $2,000,000 $800,000 $8,000,000 $0 Inclusive Energy Sector Workforce $600,000 $900,000 $1,500,000 $2,000,000 $2,000,000 $1,000,000 $8,000,000 $0 Subtotal $1,300,000 $1,900,000 $2,500,000 $4,500,000 $4,000,000 $1,800,000 $16,000,000 $0 3. ...
