CONFORMED COPYAdvance Agreement • December 22nd, 2010
Contract Type FiledDecember 22nd, 2010In response to the request for financial assistance made on behalf of the Republic of Ghana (“Recipient”), I am pleased to inform you that the International Development Association (“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 seven hundred and ten thousand dollars ($710,000) (“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 build the capacity of local governments to deliver local services by: (i) enhancing the intergovernmental fiscal framework; (ii) improving municipal management capabilities; and (iii) strengthening local accountability (“Project”), in support of which the Recipient has requested the World Bank’s financial assi