Conformed Copy - C3267 - Road Development Project - Development Credit Agreement

Page 1 CONFORMED COPY CREDIT NUMBER 3267-UG Development Credit Agreement (Road Development Project) between THE REPUBLIC OF UGANDA and INTERNATIONAL DEVELOPMENT ASSOCIATION Dated November 22, 1999 CREDIT NUMBER 3267-UG DEVELOPMENT CREDIT AGREEMENT AGREEMENT, dated November 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 May 31, 1999 from the Borrower describing a program of actions, objectives and policies designed to reinforce the Borrower