Conformed Copy - C3304 - Privatization and Private Sector Development Project - Development Credit Agreement

Page 1 CONFORMED COPY CREDIT NUMBER 3304-TA Development Credit Agreement (Privatization and Private Sector Development Project) between THE UNITED REPUBLIC OF TANZANIA and INTERNATIONAL DEVELOPMENT ASSOCIATION Dated January 20, 2000 CREDIT NUMBER 3304-TA DEVELOPMENT CREDIT AGREEMENT AGREEMENT, dated January 20, 2000, between THE UNITED REPUBLIC OF TANZANIA (the Borrower) and INTERNATIONAL DEVELOPMENT ASSOCIATION (the Association). WHEREAS (A) the Borrower, having satisfied itself as to the feasibility and priority of the Project described in Schedule 2 to this Agreement, has requested the Association to assist in the financing of the Project; (B) the Borrower has obtained or intends to obtain from various donors (hereinafter called the Cofinanciers) grants and loans to assist in cofinancing the Project on the terms and conditions set forth or to be set forth in various agreements (hereinafter called the Cofinancing Agreements) entered into or to be entered into between the Borrower and the Cofinanciers; and WHEREAS the Association has agreed on the basis, inter alia, of the foregoing, to extend the Credit to the Borrower upon the terms and conditions set forth in this Agreement; Page 2 NOW THEREFORE the parties hereto hereby agree as follows: ARTICLE I General Conditions; Definitions Section 1.01. The