Common Contracts

Grant Agreement

Grant Agreement • July 9th, 2008

• Contract Type
  Grant Agreement
• Filed
  July 9th, 2008

WHEREAS: (A) Pursuant to a development credit agreement entered into between the Recipient and the International Development Association dated April 23, 2004 (the Development Credit Agreement) as amended by the Agreement Amending Development Credit Agreement dated July 12, 2007, the Recipient has received a credit in an amount in various currencies equivalent to fifty-one million six hundred thousand Special Drawing Rights (SDR 51,600,000) (the IDA Credit); which includes: (a) an original amount in various currencies equivalent to forty one million seven hundred thousand Special Drawing Rights (SDR 41,700,000) (the Initial Credit); and (b) an additional amount in various currencies equivalent to nine million nine hundred thousand Special Drawing Rights (SDR 9,900,000) (the Additional Credit) for the purposes of financing the Project described in Schedule 1 of the Development Credit Agreement (the Original Project);