Conformed Copy - C3297 - Second Economic and Financial Management Project - Development Credit Agreement

Page 1 CONFORMED COPY CREDIT NUMBER 3297-UG Development Credit Agreement (Second Economic and Financial Management Project) between THE REPUBLIC OF UGANDA and INTERNATIONAL DEVELOPMENT ASSOCIATION Dated December 22, 1999 CREDIT NUMBER 3297-UG DEVELOPMENT CREDIT AGREEMENT AGREEMENT, dated December 22, 1999, between THE REPUBLIC OF UGANDA (the Borrower) and the INTERNATIONAL DEVELOPMENT ASSOCIATION (the Association). WHEREAS (A) the Borrower, having satisfied itself as to the feasibility and priority of the Project described in Schedule 2 to this Agreement, has requested the Association to assist in the financing of the Project; (B) the Association has received a letter dated October 28, 1999, from the Borrower describing a program of actions, objectives and policies designed to improve fiscal devolution, control and management of public expenditure (the Program) and declaring the Borrower