11-Feb-2021 Date: ________ Honorable Ken Ofori Atta Minister of Finance Ministry of Finance P.O. Box MB40 Accra Ghana Re: IDA Grant H854-GH and IDA Credit 6781-GH Greater Accra Metropolitan Area Sanitation and Water Project and Additional Financing Additional Instructions: Disbursement and Financial Information Letter Second Restatement Honorable: I refer to the Financing Agreements between Republic of Ghana (the “Recipient”) and the International Development Association (the “Association”) for the above-referenced Project. The General Conditions, as defined in the Financing Agreements, provide that the Recipient may from time to time request withdrawals of Grant and Credit amounts from the Grant and Credit Account, respectively, in accordance with the Disbursement and Financial Information Letter, and such additional instructions as the Association may specify from time to time by notice to the Recipient. The General Conditions also provide that the Disbursement and Financial Information Letter may set out Project specific financial reporting requirements. This letter constitutes such Disbursement and Financial Information Letter (“DFIL”) and may be revised from time to time. This DFIL is the second restatement to such document whose previous version is dated November 2, 2020. Any previous DFIL version is no longer valid and is superseded in entirety by this version. I. Disbursement Arrangements, Withdrawal of Grant and Credit Funds, and Reporting of Uses of Grant and Credit Funds. The Disbursement Guidelines for Investment Project Financing, dated February 2017, (“Disbursement Guidelines”) are available in the Association’s public website at https://www.worldbank.org and its secure website “Client Connection” at https://clientconnection.worldbank.org. The Disbursement Guidelines are an integral part of the DFIL, and the manner in which the provisions in the guidelines apply to the Grant and Credit is specified below. (i) Disbursement Arrangements  General Provisions (Schedule 1). The table in Schedule 1 sets out the disbursement methods which may be used by the Recipient, and conditions, information on registration of authorized signatures, processing of withdrawal applications (including minimum value of applications and processing of advances), instructions on supporting documentation, and frequency of reporting on the Designated Account. (ii) Electronic Delivery. Section 11.01 (c) of the General Conditions. Official Use The Recipient will deliver Withdrawal Applications (with supporting documents) electronically through the Association’s web-based portal “Client Connection” at https://clientconnection.worldbank.org. This option will be effected after the officials designated in writing by the Recipient 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 Recipient confirms that it is authorizing such persons to accept Secure Identification Credentials (SIDC) and to deliver the Applications and supporting documents to the Association by electronic means. The Recipient 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 Association. By designating officials to use SIDC and by choosing to deliver the Applications electronically, the Recipient 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 Association's public website at https://worldbank.org and “Client Connection”; and (b) to cause such official to abide by those terms and conditions. II. Financial Reports and Audits. (i) Financial Reports. The Recipient must prepare and furnish to the Association not later than forty-five (45) days after the end of each calendar quarter, interim unaudited financial reports (“IFR”) for the Project covering the quarter. (ii) Audits. Each audit of the Financial Statements must cover the period of one fiscal year of the Recipient, 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 Association not later than six (6) months after the end of such period. III. Other Information. For additional information on disbursement arrangements, please refer to the Loan Handbook available on the Association’s website (http://www.worldbank.org/) and “Client Connection”. The Association 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 Grant and the Credit, 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 Association by email at AskLoans@WorldBank.org using the above reference. Yours sincerely, ______________________________ Ines Etty Finance Officer WFA Client Services Unit Africa Region Attachments 1. Form of Authorized Signatory Letter Official Use 2. Interim unaudited Financial Report (IFR) With copies: Ministry of Finance Mr. Patrick Nomo, Chief Director Ms. Yvonne Quansah, Director, Resource Mobilization & Economic Relations Ms. Sauda Ahmed Seinu, Head, World Bank Group Unit Ministry of Sanitation and Water Resources (MSWR) Ghana Water Company Limited 28th February Road P.O. Box M 194 Accra, Ghana; and Official Use Schedule 1 : Disbursement Provisions Basic Information Country Republic of Ghana Closing Date Section IV.B.2 of Schedule 2 to the Original Financing (OF) Agreement Grant and Section III.B.2 of Schedule 2 to IDA H854-GH Recipient Republic of Ghana and the Additional Financing (AF) & Credit Agreement IDA 6781-GH Number Name of the Project Greater Accra Metropolitan Area Disbursement Four months after the closing date. Sanitation and Water Project and Deadline Date Additional Financing Subsection 3.7 ** Disbursement Methods and Supporting Documentation Disbursement Methods Methods Supporting Documentation Section 2 (**) Subsections 4.3 and 4.4 (**) Direct Payment Yes Copy of records Reimbursement Yes Interim unaudited Financial Report (IFR) in the format provided in Attachment 2 of the DFIL In addition, for category 3 of the table under Schedule 2 Section Schedule III (“Withdrawal Table”) of the AF 6781-GH, see “additional instructions” section Advance (into a Designated Yes Interim unaudited Financial Report (IFR) in the format provided in Attachment 2 of the DFIL Account) In addition, for category 3 of the table under Schedule 2 Section Schedule III (“Withdrawal Table”) of the AF 6781-GH, see “additional instructions” section Special Commitments Yes Copy of Letter of Credit Designated Account (Sections 5 and 6 **) DAs are pooled between OF and AF Variable DA-AA for categories 1, 4 and 5 of the OF and categories 1 and 3 Type of the AF managed by GAMA PCU Ceiling DA-B for categories 2 and 6 of the OF and category 2 of the AF, managed by GWCL Financial Institution - DA-AA – Bank of Ghana USD Currency Name DA-B – National Investment Bank Frequency of Reporting Quarterly Six-monthly forecast of expenditures as Amount Subsection 6.3 (**) reflected in IFRs and approved by TTL Minimum Value of Applications (subsection 3.5) The minimum value of applications for Reimbursement, Direct Payment and Special Commitment is USD 100,000 equivalent. Authorized Signatures (Subsection 3.1 and 3.2 **) The form for Authorized Signatories Letter is provided in Attachment 1 of this letter Withdrawal and Documentation Applications (Subsection 3.3 and 3.4 **) ASL and All Withdrawal Applications and its supporting documentation will be electronically sent via the Association’s system Client Connection. Additional Information Official Use In addition, for eligible expenditure under category 3 of the table under Schedule 2 Section III (“Withdrawal Table”) of the AF 6781-GH, withdrawal applications should be accompanied by evidence of prior approval of the TTL and verification of the FMS of the expenditure requested for disbursement. ** Sections and subsections relate to the “Disbursement Guidelines for Investment Project Financing ”, dated February 2017. Official Use Attachment 1 – Form of Authorized Signatory Letter [Letterhead] Ministry of Finance [Street address] [City] [Country] [DATE] International Development Association 1818 H Street, N.W. Washington, D.C. 20433 United States of America Re: IDA Grant H854-GH and IDA Credit 6781-GH (Greater Accra Metropolitan Area Sanitation and Water Program and Additional Financing) Attention: _______________________, Country Director I refer to the [Grant] [Credit] Agreement (“Agreement”) between the International Development Association (the “Association”)[, acting as implementing of the ]1 and [name of recipient] (the “Recipient”), dated _______, providing the above [Grant] [Credit]. For the purposes of Section 2.03 of the General Conditions as defined in the Agreement, any 2[one] of the persons whose authenticated specimen signatures appear below is authorized on behalf of the Recipient to sign applications for withdrawal [and applications for a special commitment] under this [Grant] [Credit]. For the purpose of delivering Applications to the Association, including by electronic means, 3[each] of the persons whose authenticated specimen signatures appears below is authorized on behalf of the Recipient, acting 4[individually] 5[jointly], to deliver Applications, and evidence in support thereof on the terms and conditions specified by the Association. 1 Instruction to the Recipient: add text in line with the Grant Agreement if applicable; if not applicable delete it. Please delete this footnote in final letter that is sent to the Associations 2 Instruction to the Recipient: stipulate if more than one person needs to sign Applications, and how many or which positions, and if any thresholds apply. Please delete this footnote in final letter that is sent to the Association. 3 Instruction to the Recipient: stipulate if more than one person needs to jointly sign Applications, if so, please indicate the actual number. Please delete this footnote in final letter that is sent to the Association. 4 Instruction to the Recipient: use this bracket if any one of the authorized persons may sign; if this is not applicable, please delete. Please delete this footnote in final letter that is sent to the Association. 5 Instruction to the Recipient: use this bracket only if several individuals must jointly sign each Application; if this is not applicable, please delete. Please delete this footnote in final letter that is sent to the Association. Official Use This confirms that the Recipient is authorizing such persons to accept Secure Identification Credentials (SIDC) and to deliver the Applications and supporting documents to the Association by electronic means. In full recognition that the Association shall rely upon such representations and warranties, including without limitation, the representations and warranties contained in the Terms and Conditions of Use of Secure Identification Credentials in connection with Use of Electronic Means to Process Applications and Supporting Documentation (“Terms and Conditions of Use of SIDC”), the Recipient represents and warrants to the Association that it will cause such persons to abide by those terms and conditions. This Authorization replaces and supersedes any Authorization currently in the Association records with respect to this Agreement. [Name], [position] Specimen Signature: ____________________ [Name], [position] Specimen Signature: ____________________ [Name], [position] Specimen Signature: ____________________ Yours truly, / signed / ______________ Official Use Attachment 2 – IFR Format Official Use PROJECT IMPLEMENTING ENTITY: Ministry of Water and Sanitation PROJECT NAME: Ghana: Greater Accra Metropolitan Area Sanitation and Water Project IBRD CREDIT/GRANT NO. IDA……… REPORT: INTERIM FINANCIAL REPORT (IFR) THIS SCHEDULE: STATEMENT OF SOURCES AND USES OF FUNDS - COMPONENT PERIOD OF REPORT: QUARTER ENDING -XXXXX REPORTING CURRENCY: US DOLLARS Current Year to Cumulative Re fe re ce Quarter Date to Date to De ta i l Opening cash Balances I DA De s i gna te d Account A -USD Proje ct Ba nk Accounts -Loca l Curre ncy (i f a ny) I nte re s t Account Ca s h-i n ha nd - - TOTAL OPENING BALANCES A A - - - Add: Funds Received during the quarter/Period I DA De s i gna te d Account A -USD Proje ct Ba nk Accounts -Loca l Curre ncy Othe rs - I nte re s t Ea rne d - USD Acc TOTAL FUNDS RECEIVED DURING THE PERIOD B B - - - TOTAL FUNDS AVAILABLE C=(A+B) C=(A+B) - - - DA - Less: Uses of funds, by Project Components Compone nt ACCOUNT Component 1 -Provision of Environmental Sanitation Services to priority low income areas of the GAMA and 1 GKMA Goods 1 Works 1 Consul tancy & Non Consul tancy Servi ces 1 Sub Total For Component 1 - - - Component 2 -Expansion of the water distribution network in the GAMA and GKMA and Improvement in 2 operational efficiency - - - Goods 2 Works 2 Consul tancy & Non Consul tancy Servi ces 2 Sub Total For Component 2 - - - Component 3 - Planning, improvement and expansion of 3 environmental sanitation services Goods 3 Works 3 Consul tancy & Non Consul tancy Servi ces 3 Sub Total For Component 3 - - - Sub Total For Component 4 Component 4 - Project Management, M&E etc 4 Goods 4 Works 4 Consul tancy & Non Consul tancy Servi ces 4 Operati ng Cost, Trai ni ng & Others 4 Sub Total For Component 4 Total Project Expenditure for the Period D D Net Cash Available E=C-D E=C-D Closing bank balances I DA De s i gna te d Account A -USD - - - Proje ct Ba nk Accounts -Loca l Curre ncy - - - I nte re s t Account - - - Total Closing Bank Balances g g - - - Difference - to be explained h=f-g h=f-g - - - Av Exch Rate For the Period Official Use PROJECT IMPLEMENTING ENTITY: Ministry of Water and Sanitation PROJECT NAME: Ghana: Greater Accra Metropolitan Area Sanitation and Water Project IBRD CREDIT/GRANT NO. IDA……… REPORT: INTERIM FINANCIAL REPORT (IFR) THIS SCHEDULE: STATEMENT OF SOURCES AND USES OF FUNDS - CATEGORY PERIOD OF REPORT: QUARTER ENDING -XXXXX REPORTING CURRENCY: US DOLLARS Current Year to Cumulative Referece to Quarter Date to Date Detail Opening cash Balances IDA Designated Account A -USD Project Bank Accounts -Local Currency Interest Account Cash-in hand - - TOTAL OPENING BALANCES A A - - - Add: Funds Received during the quarter/Period IDA Designated Account A -USD Project Bank Accounts -Local Currency Others - Interest Earned - USD Acc TOTAL FUNDS RECEIVED DURING THE PERIOD B B - - - TOTAL FUNDS AVAILABLE C=(A+B) C=(A+B) - - - Less: Uses of funds, by Project Category Category (1) Goods, works, non-consulting services, consultants’ services, Operating Costs and Training under Parts A.1 (except Part A.1(a) (i)), C and D (except D.5 and D.8(a)) of the Project. 1 (2) Goods, works, non-consulting services, consultants’ services, Operating Costs and Training under Parts B (except B.1(b)(i)) and D.5 of the Project. 2 (3) Goods, works, non-consulting services, consultants' services and Operating Costs under Parts A.1(a)(i), 3 B.1(b)(i), and D.8 (a) of the Project. Total Project Expenditure for the Period - By Categories D D - - - Net Cash Available E=C-D E=C-D - - - Closing bank balances IDA Designated Account A -USD - - - Project Bank Accounts -Local Currency - - - Interest Account - - - Total Closing Bank Balances g g - - - Difference - to be explained h=f-g h=f-g - - - Av Exch Rate For the Period Official Use PROJECT IMPLEMENTING ENTITY: Ministry of Water and Sanitation PROJECT NAME: Ghana: Greater Accra Metropolitan Area Sanitation and Water Project IBRD CREDIT/GRANT NO. IDA……… REPORT: INTERIM FINANCIAL REPORT (IFR) THIS SCHEDULE: Activity and Variance Report - By Components/Sub Component (AWP &B) PERIOD OF REPORT: QUARTER ENDING -XXXXX REPORTING CURRENCY: US DOLLARS CURRENT QUARTER YEAR TO DATE CUMMULATIVE TO DATE Uses of Funds By Project Components/AWP Budget Actual Variance Budget Actual Variance Budget Actual Variance Per PAD US $ US $ US $ US $ US $ US $ US $ US $ US $ US $'m Components Description Component 1 -Provision of Environmental 1 Sanitation Services to priority low income areas of the GAMA and GKMA Sub component 1 Sub component 2 Sub component 3 Component 2 -Expansion of the water 2 distribution network in the GAMA and GKMA and Improvement in operational efficiency Sub component 1 Sub component 2 Sub component 3 Component 3 - Planning, improvement and 3 expansion of environmental sanitation services Sub component 1 Sub component 2 Sub component 3 5 Component 4 - Project Management, M&E etc Goods Consulting & Non Consulting Training and Operating Cost TOTAL - - - - - - - - - - - Official Use PROJECT IMPLEMENTING ENTITY: Ministry of Water and Sanitation PROJECT NAME: Ghana: Greater Accra Metropolitan Area Sanitation and Water Project IBRD CREDIT/GRANT NO. IDA……… REPORT: INTERIM FINANCIAL REPORT (IFR) THIS SCHEDULE: Designated Account Reconciliation Statement PERIOD OF REPORT: QUARTER ENDING -XXXXX REPORTING CURRENCY: US DOLLARS PART I In US$ In US$ 1. Cumulative advances to the end of current reporting period - 2. Cumulative expenditures to the end of last reporting period - 3. Outstanding advance to be accounted for (Line 1 minus Line 2) - PART II 4. Opening DA balance at beginning of reporting period, as of - 5. Add/subtract: cumulative adjustments, if any - 6. Add: Advances from World Bank during current reporting period - 7. Add Line 5 and Line 6 - 8. Outstanding advances to be accounted for (Add Line 4 and Line 7) - 9. Closing DA balance at end of current reporting period, as of - 10. Add/subtract: cumulative adjustments, if any 11. Add/subtract: Expenditures for the current reporting period - 12. Add Line 10 and Line 11 - 13. Add Line 9 and Line 12 - 14. Difference , if any (Line 8 minus Line 13) - PART III 15A. Total forecast amount to be paid by World Bank - 15B. WA # xxx sent but not yet received 15C. Total adjusted forecast amount to be paid by World Bank (Line 15A minus Line 15B) - 16. Less: Closing DA balance after adjusments - 17. Adjustments (if any) - 18. Add Line 16 and Line 17 - 19. Cash requirement/(Or not) from World bank for next two reporting periods - (Line 15C minus Line 18) Official Use FOR OFFICIAL USE ONLY Prepared by : Sandra M Kuwaza, WFACS Cleared with and cc: Nightingale Rukuba-Ngaiza, Country Lawyer Yitbarek Mammo, TTL Cc: Robert Wallace DeGraft-Hanson, FMS Official Use Certificate Of Completion Envelope Id: CBCCF85545514A0FAECC8F5DC7FA1DDD Status: Completed Subject: Please DocuSign: IDA 67810 GH 2nd Revision of DFIL IE.docx Source Envelope: Document Pages: 13 Signatures: 1 Envelope Originator: Certificate Pages: 2 Initials: 0 Ines Melissa Emma Attoua Etty AutoNav: Enabled 1818 H St NW EnvelopeId Stamping: Disabled Washington, DC 20433-0002 Time Zone: (UTC-05:00) Eastern Time (US & Canada) ietty@worldbank.org IP Address: 192.86.106.97 Record Tracking Status: Original Holder: Ines Melissa Emma Attoua Etty Location: DocuSign 2/11/2021 3:13:06 PM ietty@worldbank.org Security Appliance Status: Connected Pool: Security Pool Signer Events Signature Timestamp Ines Melissa Emma Attoua Etty Sent: 2/11/2021 3:13:21 PM ietty@worldbank.org Viewed: 2/11/2021 3:13:29 PM World Bank Group Signed: 2/11/2021 3:14:20 PM Security Level: Email, Account Authentication Freeform Signing (Optional) Signature Adoption: Uploaded Signature Image Using IP Address: 192.86.106.97 Electronic Record and Signature Disclosure: Not Offered via DocuSign In Person Signer Events Signature Timestamp Editor Delivery Events Status Timestamp Agent Delivery Events Status Timestamp Intermediary Delivery Events Status Timestamp Certified Delivery Events Status Timestamp Carbon Copy Events Status Timestamp Ines Etty Sent: 2/11/2021 3:14:21 PM ietty@worldbank.org Resent: 2/11/2021 3:14:22 PM World Bank Group Viewed: 2/11/2021 3:15:13 PM Security Level: Email, Account Authentication (Optional) Electronic Record and Signature Disclosure: Not Offered via DocuSign Witness Events Signature Timestamp Notary Events Signature Timestamp Envelope Summary Events Status Timestamps Envelope Sent Hashed/Encrypted 2/11/2021 3:13:21 PM Certified Delivered Security Checked 2/11/2021 3:13:29 PM Signing Complete Security Checked 2/11/2021 3:14:20 PM Completed Security Checked 2/11/2021 3:14:21 PM Payment Events Status Timestamps