OFFICIAL
DOCUMENTS
THE WORLD BANK
IBRO * DA
The World Bank
INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT  Independence Avenue  Tel: (233-21) 229681 220837
INTERNATIONAL DEVELOPMENT ASSOCIATION            King Hassan Street, #3  Fax: (233-21) 227887
Accra, Ghana
October 22, 2020
Honorable Kenneth Ofori-Atta
Minister
Ministry of Finance
Accra
Dear Honorable Ofori-Atta:
Public Financial Management Reform Project
(Credit No. 5640-GH)
Amendment No. 2 to the Financing Agreement
1.     We refer to the Financing Agreement between the Republic of Ghana ("Recipient") and the
International Development Association ("Association"), concerning the Public Financial Management
Reform Project, dated August 5, 2015, as amended (the "Agreement").
2.     Pursuant to recent discussions between the Recipient and the Association, the Association
proposes to amend the Agreement as follows:
(a)    Section IV.A.2 of Schedule 2 to the Agreement is hereby deleted in its entirety and
replaced to read as set out in the Annex to this amendment letter (the "Amendment Letter").
(b)    Section IV.B.2 of Schedule 2 to the Agreement is hereby deleted in its entirety and replaced
to read as follows:
"2.    The Closing Date is December 31, 2021."
3.     All other provisions of the Agreement, except as amended herein, shall remain in full force and
effect.
4.     Please indicate your agreement with the foregoing amendments on behalf of the Recipient by
countersigning and dating the two original copies of this Amendment Letter and returning one
countersigned original to the Association. Upon receipt by the Association of this countersigned original,
this amendment shall become effective as of the date of your countersignature.


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Yours sincerely,
INTERNATIONAL DEVELOPMENT ASSOCIATION
Pierre Laporte
Country Director for Ghana, Liberia and Sierra Leone
Africa West and Central Region
AGREED:
REPUBLIC OF GHANA
By:_L
Autho ized Representative
Name:                  L    A rT 4
Title:                   t    man < L
Date:    Oc4
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ANNEX
Amount of the Credit  Percentage of Expenditures to
Allocated (expressed         be Financed
Category                     in SDR)              (inclusive of Taxes)
(1) Goods, non-consulting services,
consultants'  services, Operating     31,100,000                  100%
Costs and Training under the Project,
Except for parts B.6 and C.I.
(2) Goods, non-consulting  services,
consultants'  services, Operating      1.600,000
Costs and Training for Parts B.6 and
C.1 under the Project
TOTAL AMOUNT                              32,700,000