Conformed Copy - L3921 - Higher Education Reform Project - Supplemental Letter

Page 1 ARGENTINE REPUBLIC December 5, 1995 International Bank for Reconstruction and Development 1818 H Street, N.W. Washington, D. C. 20433 United States of America Re: Loan No. 3921-AR (Higher Education Reform Project) Monitoring Indicators Dear Sirs: Please refer to Sections 1.02 (f), 3.08 (a)(i) and 3.08 (c)(i) of the Loan Agreement of even date herewith between the Argentine Republic and the International Bank for Reconstruction and Development (the Bank) for the above Project. The Annex to this letter contains the input indicators, process indicators and evaluation indicators (the Monitoring Indicators) which, except as the Bank shall otherwise agree, will be used for the monitoring of the progress of the Project. Please confirm your agreement with such Monitoring Indicators. Very truly yours, ARGENTINE REPUBLIC By ________________________ Authorized Representative Encl. AGREED: INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT By ___________________________________ Acting Regional Vice President Latin America and the Caribbean