Financing Agreement (Economic Governance Reform Support Grant) between UNION OF THE COMOROS and INTERNATIONAL DEVELOPMENT ASSOCIATION Dated July 14, 2010Financing Agreement • September 24th, 2010
Contract Type FiledSeptember 24th, 2010Agreement date July 14, 2010, entered into between UNION OF THE COMOROS (“Recipient”) and INTERNATIONAL DEVELOPMENT ASSOCIATION (“Association”) for the purpose of providing financing in support of the Program (as defined in the Appendix to this Agreement). The Association has decided to provide this financing on the basis, inter alia, of: (a) the actions which the Recipient has already taken under the Program and which are described in Section I of the Schedule to this Agreement; and (b) the Recipient’s maintenance of an appropriate macroeconomic policy framework. The Recipient and the Association therefore hereby agree as follows: