Conformed Copy - L2890 - Seventh Education Project - Amendment

Page 1 February 12, 1991 His Excellency Dr. Khalid Amin Abdullah Minister of Planning Ministry of Planning Amman, Jordan Re: Increase in Disbursement Percentages Excellency: The International Bank for Reconstruction and Development (the Bank) has decided, pursuant to a new policy designed to assist borrowers affected by the recent Middle East crisis, to temporarily increase the Bank's share of the cost of projects financed under Bank Loans. Pursuant to your letter, dated February 2, 1991, we hereby amend the Loan Agreements between the Hashemite Kingdom of Jordan and the Bank listed in the Attachment hereto in the manner described in that Attachment. These amendments will take effect upon receipt of your confirmation by the Bank and will apply to all withdrawals of the proceeds of the applicable Loans allocated to the categories listed in the Attachment made on or after September 1, 1990. For withdrawals made at the existing disbursement percentages between September 1, 1990 and the date of receipt of your confirmation, the Hashemite Kingdom of Jordan may submit supplemental withdrawal applications to the Bank for eligible expenditures reflecting the increased disbursement percentages, subject to the other provisions of the respective Loan Agreement. Subject to the Loan Account being open, this amendment will be applicable in respect of all withdrawals made by December 31, 1991 or such later date as the Bank may establish. Thereafter withdrawals shall be made on the basis of disbursement percentages determined by the Bank and notified to you. Please confirm your acceptance on behalf of the Hashemite Kingdom of Jordan of the foregoing amendments to the listed Agreements by signing and dating the confirmation form on the enclosed copy of this letter and returning it to us for our records. Very truly yours, INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT Ram Kumar Chopra Director Country Department III Europe, Middle East and North Africa Region CONFIRMED: HASHEMITE KINGDOM OF JORDAN By_________________________ Authorized Representative Date:______________________ ATTACHMENT HASHEMITE KINGDOM OF JORDAN Page 2 Amendment of Schedule 1 Subject to the provisions of the letter agreement of which this attachment forms a part, the table in Paragraph 1 of Schedule 1 to each of the Loan Agreements listed below are hereby amended to increase the percentage of expenditures to be financed for the categories therein noted below as follows: Loan Category Disbursement % No. Project No. Description Existing Amended 2463 JO Multi-Mode Trans- 1 Civil works under 60% 75% port Project Part A(1) 2531 JO Primary Health 1 Works, including 46% of 80% of Care Project architectural local ex- local ex- fees penditures penditures 2841 JO National Urban 1(a) Works 45% 80% Development Project 2890 JO Seventh Education 1 Civil Works under 41% 80% Project Part A(1) and A(2) of the Project