THE WORLD BANK IBRD IDA I WORLDBANKGROUP SATU RAHONEN Country Director, Indonesia and Timor Leste Letter No. CD-116/WB/VI/2021 June 21, 2021 Mr. Hadiyanto Director General of Treasury Ministry of Finance Gd. Prijadi Praptosuhardjo I, 2nd Floor JI. Lapangan Banteng Timur No. 2-4 Jakarta Pusat Dear Mr. Hadiyanto: Re: IBRD Loan No. 9263-ID and AIIB Loan No. L0484A (Additional Financing for Indonesia Emergency Response to COVID-19 Program) Additional Instructions: Disbursement and Financial Information Letter I refer to the Loan Agreement between Republic of Indonesia (the "Borrower") and International Bank for Reconstruction and Development (the "Bank") for the above-referenced Program. The General Conditions, as defined in the Loan Agreement, provide that the Borrower may from time to time request withdrawals of the proceeds of IBRD Loan No. 9263-ID (the "Loan") in accordance with the Disbursement and Financial Information Letter, and such additional instructions as the Bank may specify from time to time by notice to the Borrower. The General Conditions also provide that the Disbursement and Financial Information Letter may set out Program specific financial reporting requirements. This letter, as may be revised from time to time, constitutes such Disbursement and Financial Information Letter ("DFIL"). Furthermore, this DFIL also serves as instructions of withdrawal of the proceeds of Loan No. L0484A provided by the Asian Infrastructure Investment Bank (AIIB) that co-finances the Program with the Bank Loan, as set forth in Other Disbursement Instructions of Schedule 1 below. I. Disbursement Arrangements, Withdrawal of Loan Funds, and Reporting of Uses of Loan Funds (i) Schedule 1. The table in Schedule 1 sets out the disbursement methods which may be used by the Borrower, conditions, information on registration of authorized signatures, processing of withdrawal applications (including processing of advances), instructions on documentation, and reporting of advances. 1818 H Street NW * Washington, DC 20433 USA 2 of 6 LN. 9263 (ii) Withdrawal Applications. Applications for withdrawal ("Withdrawal Applications") of amounts of the Loan allocated to individual Disbursement Linked Results ("DLR") may, pursuant to the provisions of Section IV of Schedule 2 of the Loan Agreement, be sent to the Bank at any time after the Bank has notified the Borrower in writing that it has accepted evidence of achievement of the specific DLR. (iii) Withdrawal Amount. The Withdrawal Application may be for an amount not to exceed the amount of the Loan confirmed by the Bank for the specific DLR in respect of which the withdrawal is requested, as specified in the Bank's notice to the Borrower. (iv) Prior Results. Details of prior results, including the DLRs and amount, are stipulated in Schedule 2, IV.B. 1(a) of the Loan Agreement. Consequently, the Borrower may withdraw the said amount of the Loan after the Loan Agreement has been declared effective. (v) Advances and Recovery of Advances. The Borrower may, in accordance with provisions of the Loan Agreement, request advances using the Form attached (Attachment 1) for an amount stipulated in Schedule 2, IV.B.2 to the Loan Agreement. The Bank records an amount of the advance as disbursed for an achieved DLR ("recovered") after it has notified the Borrower of its acceptance of the evidence of achievement of the DLR. The amount so reclassified becomes available for further advances in accordance with the preceding paragraph. (vi) Electronic Delivery. Section 10.01 (c) of the General Conditions. The Borrower will deliver Withdrawal Applications (with supporting documents) electronically through the Bank's web-based portal "Client Connection" at htt s;//cIienteonnection.worldbank,org. This option will be effected after the officials designated in writing by the Borrower who are authorized to sign and deliver Withdrawal Applications have registered as users of "Client Connection". The designated officials will deliver Applications electronically by completing the Form 2380, which is accessible through "Client Connection". By signing the Authorized Signatory Letter, the Borrower confirms that it is authorizing such persons to accept Secure Identification Credentials (SIDC) and to deliver the Applications and supporting documents to the Bank by electronic means. The Borrower may exercise the option of preparing and delivering Withdrawal Applications in paper form on exceptional cases (including those where the Borrower encounters legal limitations), and which were previously agreed with the Bank. By designating officials to use SIDC and by choosing to deliver the Applications electronically, the Borrower confirms through the authorized signatory letter its agreement to: (a) abide by the Terms and Conditions of Use of Secure Identification Credentials in connection with Use of Electronic Means to Process Applications and Supporting Documentation, available in the Bank's public website at ht1ps:!wor1lbank.org and "Client Connection"; and (b) to cause such official to abide by those terms and conditions. II. Audits. Section 5.09 of the General Conditions. (i) Audits. Each audit of the Financial Statements must cover the period of one fiscal year of the Borrower, commencing with the fiscal year in which the first withdrawal was made. The audited Financial Statements for each such period must be furnished to the Bank not later than nine (9) months after the end of such period. 1818 H Street NW - Washington, DC 20433 USA 3 of 6 LN. 9263 III. Other Important Information For additional information on disbursement arrangements, please refer to the Loan Handbook available on the Bank's website (htPww.worldbankorg) and "Client Connection". The Bank recommends that you register as a user of "Client Connection". From this website you will be able to prepare and deliver Applications, monitor the near real-time status of the Loan, and retrieve related policy, financial, and procurement information. For more information about the website and registration arrangements, or if you have any queries in relation to the above, please contact the Bank by email at .skLoans&aWorlBank.oir using the above reference. Sinc, Satu Kahkonen Country Director, Indonesia, and Timor-Leste Attachments 1. 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' �' N vi ГУi � О •б � н ° р., �, ,� •�'б N сб Q+ �' L]+ о bA О � ,гч' ¢, .,� 4ч S1� � bA V � � сб с�б � � �,," о� О'С N-о �'i N' и сб F-� U р. с�б Е-� с�б oU Е-� �1 �1 � N М 6 of 6 LN. 9263 Attachment I Sample Form for Advances Ministry of Finance [Date] The World Bank 26" Floor, One Global Place 5"' Avenue comer 25 1h Street, Bonifacio Global City Taguig City, Philippines Attention: Senior Regional Team Leader, YvrFACS Subject: IBRD Loan 9263-ID [Additional Financing for Indonesia Emergency Response to COVID-19 Program] Request for Advance Dear Sir/Madam, We refer to the Loan Agreement between the Republic of Indonesia (the "Borrower") and the International Bank for Reconstruction and Development (the "Bank") dated _providing for the above Loan. In accordance with the provisions of the Disbursement and Financial Information Letter and Schedule 2, Section IV.B.2 of the Loan Agreement, to support the implementation of the above Program and to facilitate the achievement of the planned results, we request an Advance in the amount of [insert amount] 1. [We request that the Advance be disbursed in [currency requestedfor disbursement] equivalent to the Total Advance Requested abovef We acknowledge that the amount disbursed will be charged to the Loan Account in the currency of the Financing at the rate of exchange in effect at the time of disbursement. Sincerely, [insert Name, and Position]' The Proposed Advance should be in the currency of the DL1/DLR as set out in the disbursement table in the Loan Agreement, and in accordance with provisions in the Disbursement and Financial Information Letter. Normally, this is the currency of commitment of the loan. I Use this text to designate the currency of the Advance if it should be different from the currency set out in the disbursement table in the Loan Agreement. ' To be signed by a representative of the implementing/coordinating agency of the Borrower, OR by the person(s) authorized on behalf of the Borrower to sign applications for withdrawal under the loan as set out in the applicable Authorized Signatory Letter. 1818 H Street NW - Washington, DC 20433 USA