Loan Agremeent, L4737-TR - Conformed

Page 1 CONFORMED COPY LOAN NUMBER 4737 TU Loan Agreement (Health Transition Project) between REPUBLIC OF TURKEY and INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT Dated June 11 , 2004 Page 2 2 Page 3 LOAN NUMBER 4737 TU LOAN AGREEMENT AGREEMENT, dated June 11, 2004, between the REPUBLIC OF TURKEY (the Borrower) and the INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT (the Bank). WHEREAS (A) the Bank has received a letter dated March 10, 2004 from the Minister of Health of the Republic of Turkey and a letter dated March 5, 2004 from the Minister of Labor and Social Security of the Republic of Turkey on behalf of the Borrower describing a program of actions, objectives and policies designed to improve the governance, efficiency, user and provider satisfaction, and long-term fiscal sustainability of the health care system (the Program), and declaring the Borrower