Supplement IL tter
BURKINA FASO
April 1:5 )15
International Development Associatioi
1818 H Street, N.W.
Washington, D.C. 20433
United States of America
Re:    IDA Grant No. D044-BF and IDA Credit No. 5609-BF
(Fourth Growth and Competitiveness Project)
Section 5.01 of the General Conditions
Finaicial and Economic Data
Dear Sirs:
In connection with the Financing Agreement (Financing Agreement) of this date between kur ina
Faso (the Member Country) and the Iriternational Development Association (the Association) provi:lii for
the above-captioned financing (the Fiiiancing), and the General Conditions (the General Condition  i i ade
applicable to the Financing Agreement, I am writing on behalf of the Member Country to set f :t]: the
following:
1.     We understand and agree that, for purposes of Section 5.01 of the General Conditions, the I ni - ber
Country is required by the Associatioa:
(a)    to report "long-term external debt" (as defined in the World Bank's Debtor R< 4 oi ing
System Manual, dated January 2000 (DRSM)), in accordance with the DRSM, and in particular, t in: tify
the Association of new "loan commitinents" (as defined in the DRSM) not later than 30 days after ic -nd
of the quarter during which the debt is incurred, and to notify the Association of "transactions Linde c ns"
(as defined in the DRSM) once a year, not later than March 31 of the year following the year coN C by
the report; and
(b)    to: (i) notify the Asseciation at least three months prior to incurring any non-cone : s anal
long-term external debt, of its intentiin to incur such debt, together with the proposed terms of su:1 .bt;
and (ii) afford the Association a reasonable opportunity to exchange views with the Member Coi r ti on
the matter. For purposes of this paragraph, "non-concessional long-term external debt" means ai b 1 ng-
term external debt (as defined in the DRSM), but excluding private debt (as so defined), with an e, I. n t ed
grant element (GE) calculated in t te manner published from time to time by the Associatil r  ;ee,
www.worldbank.org/ida under "repor;') of less than (i) 35% or (ii) the GE for determining conces, ir lity
established by the International Moinetary Fund in any Extended Credit Facility arrangement, la iby
Credit Facility or Policy Support Inst::-ument with the Member Country in effect at the time of sucl w ice,
whichever is higher.


2.     We represent that no defaults exist in respect of any external debt (as defined in the DRSN )  L is
our understanding that, in making the Financing, the Association may rely on the representations s.: rth
or referred to in this letter.
3.     Please confirm your agreement to the foregoing by having a duly authorized representativ : the
Association sign in the space provide. below.
Very truly yours,
BURKINA F'
3y:
Authp zed Representative
AGREED:
INTERNATIONAL DEVELOPMENTASSOCIATION
By:
Authoriz          ative
2