Common Contracts
1 similar Financing Agreement contracts
Financing Agreement (Second Poverty Reduction Support Credit and Grant (PRSCG-2)) between KINGDOM OF LESOTHO and INTERNATIONAL DEVELOPMENT ASSOCIATION Dated April 24, 2010Financing Agreement • April 27th, 2010
Agreement dated April 24, 2010, entered into between KINGDOM OF LESOTHO (“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.A of Schedule 1 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:
