Financing AgreementFinancing Agreement • July 14th, 2011
Contract Type FiledJuly 14th, 2011AGREEMENT dated June 10, 2011, entered into between the REPUBLIC OF SENEGAL (“Recipient”) and INTERNATIONAL DEVELOPMENT ASSOCIATION
Financing Agreement (Fifth Poverty Reduction Support Development Policy Financing) between REPUBLIC OF SENEGAL and INTERNATIONAL DEVELOPMENT ASSOCIATION Dated June 10, 2011Financing Agreement • July 7th, 2011
Contract Type FiledJuly 7th, 2011AGREEMENT dated June 10, 2011, entered into between the REPUBLIC OF SENEGAL (“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 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: