Amendment to the Financing Agreement for Credit 4300-LC Conformed

The World Bank 1818 H Street N.W. (202) 473-1000 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT Washington, D.C. 20433 Cable Address: INTBAFRAD INTERNATIONAL DEVELOPMENT ASSOCIATION U.S.A. Cable Address: INDEVAS December 5, 2011 CONFORMED COPY The Honorable Dr. Kenny D. Anthony Prime Minister and Minister of Finance Ministry of Finance Greaham Louisy Administrative Building Waterfront Castries Saint Lucia, West Indies Re: Saint Lucia: OECS Skills for Inclusive Growth Project (Credit No. 4300 SLU) Amendment to the Financing Agreement Dear Prime Minister: We refer to the Financing Agreement between Saint Lucia (the Recipient) and the International Development Association (the Association) dated June 21, 2007 (the Agreement). We also refer to your letter dated November 3, 2011, requesting for an amendment to the Agreement. We are pleased to inform you that the Association concurs with your request and hereby amends the Agreement as follows: 1. Schedule 2: Sections II.1 (a) and (b) are deleted and replaced with the following: “1. The Recipient shall monitor and evaluate the progress of the Project and prepare Project Reports in accordance with the provisions of Section 4.08 of the General Conditions and on the basis of the indicators acceptable to the Association. Each Project Report shall cover the period of one calendar quarter, and shall be furnished to the Association not later than forty five days after the end of the period covered by such report.