Conformed Copy - C3297 - Second Economic and Financial Management Project - Agreement Amending Development Credit Agreement

Page 1 CONFORMED COPY CREDIT NUMBER 3297-1 UG (Amendment) AGREEMENT AMENDING Development Credit Agreement (Second Economic and Financial Management Project) between THE REPUBLIC OF UGANDA and INTERNATIONAL DEVELOPMENT ASSOCIATION Dated November 25, 2003 Page 2 CREDIT NUMBER 3297-1 UG (Amendment) SECOND AGREEMENT AMENDING DEVELOPMENT CREDIT AGREEMENT AGREEMENT, dated November 25, 2003, between THE REPUBLIC OF UGANDA (the Borrower) and INTERNATIONAL DEVELOPMENT ASSOCIATION (the Association). WHEREAS (A) the Borrower and the Association have entered into a Development Credit Agreement dated December 22, 1999, (the Development Credit Agreement), for the purpose of financing the execution of Second Economic and Financial Management Project, described in Schedule 2 to the Development Credit Agreement (the Project); (B) the Borrower has requested the Association to provide additional assistance towards financing of the Project, by increasing the amount made available under the Development Credit Agreement by an amount in various currencies equivalent to ten million five hundred thousand Special Drawing Rights (SDR 10,500,000); and WHEREAS the Association has agreed on the basis, inter alia , of the foregoing, to provide such additional assistance to the Borrower upon the terms and conditions set forth in this Amending Agreement (as hereinafter defined); NOW THEREFORE the parties hereto hereby agree as follows: ARTICLE I Amendments to the Development Credit Agreement Section 1.01. Section 1.02 of the Development Credit Agreement is amended as by: (a) substituting the period at the end of paragraph (o) by a semicolon and adding the word