Common Contracts

The World Bank 1818 H Street N.W. (202) 477-1234 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT Washington, D.C. 20433 Cable Address: INTBAFRAD INTERNATIONAL DEVELOPMENT ASSOCIATION U.S.A. Cable Address: INDEVAS

Advance Agreement • February 3rd, 2011

• Contract Type
  Advance Agreement
• Filed
  February 3rd, 2011

In response to the request for financial assistance made on behalf of the Burkina Faso (“Recipient”), I am pleased to inform you that the International Development Association/International Bank for Reconstruction and Development (“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 five hundred thousand United States Dollars ($500,000) (“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 project designed to assist the Recipient in strengthening its institutional capacity to manage the mining sector in an efficient, accountable and transparent manner, and to improve the socio-economic benefits from industrial mining (“Project”), in support of which the Recipien