Conformed Copy - C3570 - Primary Education Development Program - Development Credit Agreement

Page 1 CONFORMED COPY CREDIT NUMBER 3570 TA Development Credit Agreement (Primary Education Development Program) between THE UNITED REPUBLIC OF TANZANIA and INTERNATIONAL DEVELOPMENT ASSOCIATION Dated October 18, 2001 CREDIT NUMBER 3570 TA DEVELOPMENT CREDIT AGREEMENT AGREEMENT, dated October 18, 2001, between THE UNITED REPUBLIC OF TANZANIA (the Borrower) and INTERNATIONAL DEVELOPMENT ASSOCIATION (the Association). WHEREAS the Association has received a letter (the Letter of Primary Education Subsector Development Policy), dated August 21, 2001, from the Borrower describing a program of actions, objectives and policies designed to achieve structural adjustment of the Borrower's education sector (hereinafter called the Program), declaring the Borrower's commitment to the execution of the Program, and requesting assistance from the Association in support of the Program during the execution thereof; and WHEREAS on the basis, inter alia, of the foregoing, the Association has decided in support of the Program, to provide such assistance to the Borrower by making the Credit in three tranches as hereinafter provided; NOW THEREFORE the parties hereto hereby agree as follows: ARTICLE I General Conditions; Definitions Section 1.01. The "General Conditions Applicable to Development Credit Agreements" of the Association, dated January 1, 1985 (as amended through October 6, 1999), with the modifications thereof set forth below (the General Conditions) constitute an integral part of this Agreement: Page 2 (a) Section 2.01, paragraph 12, is modified to read: "