Conformed Copy - C3282 - Second Community Water and Sanitation Project - Development Credit Agreement

Page 1 CONFORMED COPY CREDIT NUMBER 3282-GH Development Credit Agreement (Second Community Water and Sanitation Project) between REPUBLIC OF GHANA and INTERNATIONAL DEVELOPMENT ASSOCIATION Dated December 14, 1999 CREDIT NUMBER 3282-GH DEVELOPMENT CREDIT AGREEMENT AGREEMENT, dated December 14, 1999, between REPUBLIC OF GHANA (the Borrower) and 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 August 6, 1999, from the Borrower describing a program of actions, objectives and policies designed to strengthen its water and sanitation sector (the Program) and declaring the Borrower's commitment to the execution of the Program; (C) the Borrower has requested that the Association support its execution of the Program through a series of Credits over a period of nine years, the proceeds of such Credits to be utilized by the Borrower for implementing the Program; (D) the Project will be carried out by the Community Water and Sanitation Agency (CWSA) with the Borrower