Credit Agreement, C4132-MZ Conformed

Page 1 CONFORMD COPY CREDIT NUMBER 4132 MOZ Development Credit Agreement (Financial Sector Technical Assistance Project) between REPUBLIC OF MOZAMBIQUE and INTERNATIONAL DEVELOPMENT ASSOCIATION Dated December 16, 2005 Page 2 CREDIT NUMBER 4132 MOZ DEVELOPMENT CREDIT AGREEMENT AGREEMENT, dated December 16, 2005, between the REPUBLIC OF MOZAMBIQUE (the Borrower) and INTERNATIONAL DEVELOPMENT ASSOCIATION (the Association). WHEREAS (A) the Association has received a letter from the Borrower, dated October 27, 2005, describing a program of actions, objectives and policies designed to enhance the capacity of its financial and commercial institutions, promote reform of its financial sector, and deliver services efficiently and effectively (the Financial Sector Technical Assistant Program - FSTAP ) and declaring the Borrower