Conformed Copy - C1855 - Irrigation IV Project - Amendment 1

Page 1 December 28, 1990 H.S. Moussa Toure Minister of Economy, Finance and Planning Ministry of Economy, Finance and Planning B.P. 4017 Dakar, Senegal Re: Development Credit No. 1855-SE (Fourth Irrigation Project) Amendment of Schedule 1 of the Development Credit Agreement Excellency: We refer to the Development Credit Agreement (Fourth Irrigation Project), dated May 5, 1988, between the Republic of Senegal (the Borrower) and the International Development Association (the Association). We also refer to your telex dated December 10, 1990, requesting the Association to increase the percentage of expenditures to be financed under Categories (1) (a)and (3) to 10O% The Association is pleased to inform you that, pursuant to the above request, the Association hereby agrees to amend the percentage of expenditures to be financed under Categories (1) (a) and (3) of Schedule 1 to the Development Credit Agreement. The table in Schedule 1 should be modified as follows: Amount of the Credit Allocated (Expressed % of Expenditures "Category in SDR Equivalent to be Financed (1) Civil Works (a) Boundoum perimeter 5,400,000 100% (3) Operating Costs of SAED 3,600,000 100%" Therefore, the condition of disbursement concerning effectiveness of the financing agreement referred to in para. 3 (c) of Schedule I of the Development Credit Agreement has been waived. This amendment shall take effect in respect of withdrawal applications received on or after the date of this letter of amendment. Please acknowledge receipt of this 1etter. Sincerely, Jean-Louis Sarbib Acting Director Saholian Department Africa Region