Conformed Copy - C3458 - Ghana AIDS Response Project - Development Credit Agreement

Page 1 CONFORMED COPY CREDIT NUMBER 3458 GH Development Credit Agreement (Ghana AIDS Response Project) between REPUBLIC OF GHANA and INTERNATIONAL DEVELOPMENT ASSOCIATION Dated November 23, 2001 CREDIT NUMBER 3458-GH DEVELOPMENT CREDIT AGREEMENT AGREEMENT, dated November 23, 2001, between the 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 (the Project), has requested the Association to assist in the financing of the Project; (B) the Executive Directors of the Association approved, on September 12, 2000, the Multi-Country HIV/AIDS Program for the Africa Region estimated in the amount of three hundred seventy-eight million four hundred thousand Special Drawing Rights (SDR 378,400,000) over the next three years; (C) this Project is part of the Multi-Country HIV/AIDS Program for the Africa Region; and WHEREAS the Association has agreed, on the basis, inter alia, of the foregoing, to extend the Credit to the Borrower upon the terms and conditions set forth in this Agreement; NOW THEREFORE the parties hereto hereby agree as follows: ARTICLE I Page 2 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) (the General Conditions), constitute an integral part of this Agreement: (a) A new paragraph (12) is added to Section 2.01 to read as set forth below, and the existing paragraphs (12) through (14) of said Section are accordingly renumbered as paragraphs (13) through (15): "12.