CONFORMEDJuly 11th, 2011
FiledJuly 11th, 2011In response to the request for financial assistance made on behalf of the Republic of Ghana (“Recipient”), I am pleased to inform you that the International Development Association (“World Bank”) proposes to extend to the Recipient an advance out of the World Bank’s Project Preparation Facility in an amount not to exceed three million United States Dollars ($ 3,000,000) (“Advance”) on the terms and conditions set forth or referred to in this letter agreement (“Agreement”), which includes the attached Annex, to assist in financing the activities described in the Annex (“Activities”). The objective of the Activities is to facilitate the preparation of a proposed Public Private Partnership Project designed to assist the Recipient to tackle the binding infrastructure constraints that hamper firm productivity and employment generating growth (“Project”), for the carrying out of which the Recipient has requested the World Bank’s financial assistance.