26-Aug-2024
                                                                                       __________________

Mr. Mahinda Siriwardana
Secretary to the Treasury
Ministry of Finance
The Secretariat
Colombo 1

Dear Mr. Mahinda Siriwardana


                   Sri Lanka Climate Resilience Multiphase Programmatic Approach
                                         (Loan No. 8996-LK)
                                             Corrigendum

       We refer to: (a) Loan Agreement dated September 17, 2021 between Democratic Socialist Republic
of Sri Lanka (Sri Lanka) and International Bank for Reconstruction and Development (Bank)(Loan
Agreement); and (b) Amendment to the Loan Agreement dated May 23, 2023 (Amendment), all for Sri
Lanka Climate Resilience Multiphase Programmatic Approach (the Project).

         It has come to our attention that: (a) disbursement category 2(a) in the withdrawal table in Section
III.A of Schedule 2 to the Loan Agreement, as amended through the Amendment, includes goods, works,
non-consulting services, consulting services, and Incremental Operating Costs (IOC) under part 2.1 as
Eligible Expenditures while (b) the Withdrawal Condition in Section III.B.1(b) of Schedule 2 to the Loan
Agreement is limited only to goods and works of part 2.1. This, in turn, has prevented disbursement for
the non-consulting services, consulting services, and IOC, which is needed to prepare the social and
environmental assessments and the requisite Safeguard Instruments to lift the Withdrawal Condition. We
therefore propose to modify the disbursement category 2(a) to split it into categories 2(a) and 2(c) as follows
(disbursement category 2(b) remains unchanged from the Amendment). For avoidance of doubt, we have
replicated the entire withdrawal table in Section III.A of schedule 2 to the Financing Agreement, as
modified, below.


              Category                  Amount of the Loan Allocated          Percentage of Expenditures
                                            (expressed in USD)                to be financed (inclusive of
                                                                                         Taxes)

 (1) Goods, works, non-consulting             60,500,000                                  100%
     services, consulting services,
     Incremental Operating Costs
     and Training under Part 1 and
     Part 5 of the Project
 (2)(a) Goods and works under Part 18,000,000                                 100%
 2.1 of the Project
                                    8,770,000
 (b) Non-consulting services,                                                 100%
 consulting services, Incremental
 Operating Costs, and Training
 under Parts 2.2, and 3 of the
 Project

 (c) Non-consulting services,         4,500,000
 consulting      services,     and                                         100%
 Incremental Operating Costs
 under Part 2.1 of the Project
 3)Emergency Expenditures             0

  4) Front-end Fee                    230,000                              Amount payable pursuant to
                                                                           Section    2.03       of   this
                                                                           Agreement in accordance with
                                                                           Section 2.07 (b) of the General
                                                                           Conditions

 5) Interest Rate Cap or Interest 0                                        Amount due pursuant to
 Rate Collar premium                                                       Section 4.05 (c) of the General
                                                                           Conditions

 Total Amount                         92,000,000




        Except as specifically modified by this corrigendum, all other provisions of the Loan Agreement
and the Amendment shall remain unchanged and in full force and effect.

         Please confirm your acceptance to the foregoing by signing and dating the two originals, retaining
one original for your records and returning the other original to the Bank. Upon receipt by the Bank of the
original corrigendum countersigned by Sri Lanka, this corrigendum will become effective as of the date of
the countersignature.

                                             Very truly yours,




                                             David N. Sislen
                           Country Director for Maldives, Nepal and Sri Lanka
AGREED:
DEMOCRATIC SOCIALIST REPUBLIC OF SRI LANKA


By:__________________________
      Authorized Representative

        R.M.P Rathnayake
Name: ___________________________

         Deputy Secretary to the Treasury
Title: ___________________________

        29-Aug-2024
Date: ___________________________