Conformed Copy - C2314 - Structural Adjustment Credit - Amendment

Page 1 November 13, 1992 The Hon. Dr. J.S. Mayanja-Nkangi Minister of Finance and Economic Planning P.O. Box 8147 Kampala, Uganda Re: Structural Adjustment Credit Credit Number 2314-UG (Amendment) Dear Minister Mayanja -Nkangi, I refer to the Development Credit Agreement for the Structural Adjustment Credit dated December 12, 1991, between the Republic of Uganda (the Borrower) and the International Development Association (the Association), and to your request for an amendment of the Development credit Agreement to permit use of the special Account for petroleum products. In order to implement your request, which we find acceptable, we propose to amend the Development Credit Agreement, as follows: Paragraph 1 (a) of Schedule 4 to the Development Credit Agreement is amended to read as follows: "(a) the term "Eligible Expenditures" means expenditures in respect of the reasonable cost of goods required during the execution of the Program and to be financed out of the proceeds of the Credit allocated from time to time to Categories (1) and (2) set forth in the table in paragraph (1) of Schedule 1 to this Agreement." Please confirm your agreement to the foregoing proposed amendment by signing, dating and returning the enclosed copy of this letter to us, at which time the amendment shall constitute a binding agreement between the Borrower and the Association. Very truly yours, International Development Association Francis X. Colaco Director Eastern Africa Department Africa Region CONFIRMED THE REPUBLIC OF UGANDA By Minister of Finance and Economic Planning Authorized Representative Date November 20, 1992 Date Page 2