Financing Agreement (First Programmatic Public Expenditure Development Policy Financing) between BOSNIA AND HERZEGOVINA and INTERNATIONAL DEVELOPMENT ASSOCIATION Dated June 3, 2010Financing Agreement • March 8th, 2010
Contract Type FiledMarch 8th, 2010Agreement dated June 3, 2010, entered into between BOSNIA AND HERZEGOVINA (“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, through the Entities, 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: