Financing AgreementFinancing Agreement • June 4th, 2010
Contract Type FiledJune 4th, 2010DEVELOPMENT ASSOCIATION (“Association”) for the purpose of providing second supplemental financing in support of the Program (as defined by cross-reference in the Appendix to this Agreement). The Association has decided to provide this second supplemental financing on the basis, inter alia, of: (a) the actions which the Recipient has already taken under the Program; (b) the Recipient’s maintenance of an appropriate macro-economic policy framework; and (c) the Recipient’s request for a second supplemental financing to help in meeting the Program’s increased funding requirement, caused by the impact of the cyclone that hit the Recipient’s territory in November 2007. The Recipient and the Association, therefore, hereby agree as follows: