OFFICIAL DOCUMENTS The World Bank 1818 H Street N.W. (202) 473-1000 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM,UT Washinton, D.C 26433 Cable Address: INTBAFRAD INTERNATIONAL DEVELOPMENT ASSOCIATION U.S.A. Cable Address: INDEVAS April 26, 2013 Hon. Kaifala Marrah Minister of Finance and Economic Development Ministry of Finance and Economic Development George Street Freetown Sierra Leone Honorable Minister: SIERRA LEONE - Integrated Public Financial Management Reform Project MDTF Grant Number TF095389 We refer to the Grant Agreement (the Agreement) dated October 19, 2009 for the above-referenced Project between the Republic of Sierra Leone (the Recipient) and the International Development Association (the World Bank) acting as administrator of grant funds provided by the Donors to the Multi-Donor Trust Fund for Sierra Leone: Integrated Public Financial Management Reform Project, and to your request dated December 19, 2012. We are pleased to inform you that the World Bank hereby agrees to your request and proposes to amend the Agreement as follows: I. Part 3.4 of Schedule I (Project Description) to the Agreement is deleted in its entirety and the subsequent paragraph renumbered accordingly. 2. Section II.A. 1 (Project Reports) of Schedule 2 to the Agreement is amended to read as follows: "The Recipient shall monitor and evaluate the progress of the Project and prepare Project Reports in accordance with the provisions of Section 2.06 of the Standard Conditions and on the basis of indicators acceptable to the World Bank. Each Project Report shall cover the period of one calendar semester, and shall be furnished to the World Bank not later than one month after the end of the period covered by such report." 3. Section II.A.2 (Project Reports) of Schedule 2 to the Agreement is deleted in its entirety and subsequent para ap sre§ii "-ccoirtgly. Accesrx q,, FPU FActron FEILE (Co,,,loh nr~~ 1i rG J Sv2 -2- 4. The table under Section IV.A.2 (General) of Schedule 2 to the Agreement is amended to read as follows: Category Amount of the Grant Percentage of Expenditures Allocated to be Financed (expressed in U.S. (inclusive of Taxes) Dollars) (1) Goods, Consultants' 12,257,091 Such percentage as shall be Services (excluding services specified in the Annual Work provided under Part 3.5 of Plan and Budget for the the Original Project), respective Fiscal year Training, Study Tours and Workshops, and Operating Costs (2) Civil service staff 0 Such percentage as shall be salaries under Part 3.4 of the specified in the Annual Work Original Project (Pro Plan and Budget for the memoria; see Grant respective Fiscal Year Agreement) (3) Consultants' services 217,109 Such percentage as shall be under Part 3.5 of the Original specified in the Annual Work Project Plan and Budget for the respective Fiscal year (4) Sub-grants 408,271 Such percentage as shall be specified in the Annual Work Plan and Budget for the respective Fiscal year TOTAL AMOUNT 12,882,471 5. Section IV.B. (Withdrawal Conditions; Withdrawal Period) of Schedule 2 to the Agreement is amended to read as follows: 1. (b) "... payments under Category (2) made after the date of this amendment." 2. "The Closing Date referred to in Section 3.06 (c) of the Standard Conditions is March 31, 2014". -3- 6. Section I. (Definitions) of the Appendix to the Agreement is amended as follows: "New paragraph 16 is added to read: ""Original Project" means the Project described in the Grant Agreement dated October 19, 2009.", and subsequent paragraphs renumbered accordingly. All other provisions of the Agreement, except as herein amended, shall remain in full force and effect. Please confirm your agreement with the foregoing amendments to the Agreement, on behalf of the Recipient, by countersigning and dating the two original copies of this letter and returning one countersigned and dated original to us. Upon receipt by the World Bank of the copy of this letter of amendment countersigned and dated by you, this letter of amendment will become effective as of the date of the countersignature. Sincerely, Yusupha B. Crookes Country Director for Sierra Leone Africa Region AGREED: REPUBLIC F SIE LEONE By: Name: Title: Date: b-1