Loan Agreement (Rio Grande do Sul Fiscal Sustainability for Growth Development Policy Loan) between INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT and STATE OF RIO GRANDE DO SUL Dated September 1, 2008 LOAN AGREEMENTLoan Agreement • December 1st, 2020
Contract Type FiledDecember 1st, 2020Agreement dated September 1, 2008, entered into between INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT (“Bank”) and STATE OF RIO GRANDE DO SUL (“Borrower”) for the purpose of providing financing in support of the Program (as defined in the Appendix to this Agreement). The Bank has decided to provide this financing on the basis, inter alia, of: (a) the actions which the Borrower has already taken under the Program and which are described in Section I.A of Schedule 1 to this Agreement; (b) the Guarantor’s maintenance of an appropriate macro-economic policy framework; and (c) the Borrower’s maintenance of an appropriate expenditure program and fiscal arrangements with the Guarantor. The Borrower and the Bank therefore hereby agree as follows:
Loan AgreementLoan Agreement • September 19th, 2008
Contract Type FiledSeptember 19th, 2008Agreement dated September 1, 2008, entered into between INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT (“Bank”) and STATE OF RIO GRANDE