10-May-2022
Date: ____________________
Honorable Samuel D. Tweah Jr.
Minister
Ministry of Finance and Development Planning
Monrovia, Liberia
Honorable Minister:
Re: Republic of Liberia
Social Safety Nets Project
Credit Number 5791-LR and Grant Number TF0B4346
Amendment to the Financing and Grant Agreements
We refer to the financing agreement (“Financing Agreement”), dated September 19, 2016, between
the Republic of Liberia (“Recipient”) and the International Development Association for the above -
mentioned Project as amended (Credit Number 5791-LR), and the grant agreement (“Grant Agreement”),
dated November 30, 2020, between the Recipient and the International Development Association, acting as
administrator of the Rapid Social Response Multi-Donor Trust Fund (“World Bank”), as amended (Grant
No. TF0B4346), for the Liberia Social Safety Nets Project.
We also refer to your letter dated September 2, 2021, requesting the World Bank to restructure the
above-mentioned Project as well as subsequent discussions on the details of the restructuring. Please note
that the capitalized terms used in this letter (“Amendment Letter”) and not defined herein have the meanings
ascribed to them in the Financing and Grant Agreements.
In view of the above, we are pleased to inform you that the World Bank approves the request, and
hereby proposes to amend the Financing and Grant Agreements with respect to the following provisions
below:
1. the Financing Agreement: Reflecting the current expenditure and updated estimate, the Association
hereby reallocates the proceeds of the financing allocated in the withdrawal table under Section
IV.A.2 of Schedule 2 to the Financing Agreement as set out in Annex 1 to this Amendment Letter.
2. the Grant Agreement: Reflecting the current expenditure and updated estimate, the World Bank
hereby reallocates the proceeds of the grant allocated in the withdrawal table under Section III.A.1
of Schedule 2 to the Grant Agreement as set out in Annex 2 to this Amendment Letter. In addition,
the World Bank has established August 31, 2022, as the later date for purpose of Section III.B.2 of
Schedule 2 to the Grant Agreement (Closing Date).
All other provisions of the Financing Agreement and Grant Agreement, except as herein amended,
shall remain in full force and effect.
-2-
Please indicate your agreement to the foregoing, on behalf of the Recipient, by countersigning and
dating the form of confirmation on the two original copies of this letter and returning one original, as
countersigned, to us. Upon receipt by the World Bank of the copy of this letter countersigned by the
Recipient, this amendment shall become effective as of the date of its countersignature.
Sincerely,
INTERNATIONAL DEVELOPMENT ASSOCIATION
______________________
Khwima Nthara
Country Manager for Liberia
Africa Region
CONFIRMED:
REPUBLIC OF LIBERIA
By: __________________________________
Authorized Representative
Hon. Samuel D, Tweah, Jr.
Name: ________________________________
Minister
Title: _________________________________
10-May-2022
Date: _________________________________
-3-
Annex 1
Withdrawal of the Proceeds of the Financing
Category Amount of the Percentage of Expenditures
Credit Allocated to be Financed
(expressed in SDR) (inclusive of Taxes)
(1) Goods, non-consulting services, 901,106 100%
consulting services, Training and
Operating Costs under Parts 1,
2.B and 3 of the Project
Pro memoria
(2) Cash Transfers under Part 2.A of 4,671,487 Such percentage as may be
the Project determined by the Association
and communicated to the
Recipient based on the Annual
Work Plan (financed from IDA
5791-LR and TF0B4346)
(3) Goods, non-consulting services, 48,818 Such percentage as may be
consulting services, Training and determined by the Association
Operating Costs under Parts 1 of and communicated to the
the Project Recipient based on the Annual
Work Plan (financed from IDA
5791-LR and TF0A6428)
(4) Goods, non-consulting services, 1,678,589 Such percentage as may be
consulting services, Training and determined by the Association
Operating Costs under Parts 2.B and communicated to the
and 3 of the Project Recipient based on the Annual
Work Plan (financed from IDA
5791-LR and TF0B4346)
TOTAL AMOUNT 7,300,000
-4-
Annex 2
Withdrawal of Grant Proceeds
Category Amount of the Percentage of Expenditures
Credit Allocated to be Financed
(expressed in USD) (inclusive of Taxes)
(1) Goods, works, non-consulting 800,000 Such percentage as may be
services, and consulting services, determined by the Association
under Parts 2.B and 3 of the and communicated to the
Project Recipient based on the Annual
Work Plan (financed from IDA
5791-LR and TF0B4346)
(2) Cash Transfer under Part 2.A of 1,061,355.57 Such percentage as may be
the Project determined by the Association
and communicated to the
Recipient based on the Annual
Work Plan (financed from IDA
5791-LR and TF0B4346)
(3) Cash Transfer under Part 2.C of 1,638,644.43 100%
the Project
TOTAL AMOUNT 3,500,000