THE WORLD BANK BRO. ID I WORLD GROUP BOUTHEINA GUER MAZI Director, Regional Integration Afri ca and Middle East and North Africa Washington D.C., December 17, 2024 H.E.M Sid'Ahmed Bouh Minister of Economy and Finance Ministere de l'Economie et des Finances Avenue Nelson Mandela - BP: 238 Nouakchott Islamic Republic of Mauritania Re: Grant No. D6390-MR (Additional Financing for Sahel Women Empowerment and Demographic Dividend Regional Project) Partial Cancellation of Grant Proceeds Excellency: We refer to the Financing Agreement between the Islamic Republic of Mauritania ("Recipient") and the International Development Association ("Association") dated June 16, 2020 ("Additional Financing Agreement"), pursuant to which the Association has extended the above-captioned Grant ("Grant") for the Additional Financing for the Sahel Women Empowerment and Demographic Dividend Regional Project ("Project"). We also refer to your letter dated November 6, 2024, as well as your follow-up email dated November 19, 2024, requesting the Association to partially cancel funds from the Grant. In view of the foregoing and pursuant to the provisions of Section 8.01 of the International Development Association General Conditions for IDA Financing, Investment Project Financing, the Association hereby cancels as of November 7, 2024, an amount of the Grant equal to eighteen million five hundred ninety-two thousand seventy-one Special Drawing Rights (SDR 18,592,071) Accordingly, the withdrawal table set forth in Section III. A of Schedule 2 to the Additional Financing Agreement has been revised to read as set @WORLD BANK GROUP -2- forth in the Annex to this letter. The commitment charges on the total amount canceled cease to accrue from November 7, 2024. Yours sincerely, Boutheina Guermazi Director for Regional Integration Africa, Middle East and North Africa AGREED: REPUBLIC OF MAURITANIA By: _ _ _ _ _ _ _ _ __ Authorized Representative Name: 5 tt:>rAH~E:b ~{)Llt-\ Title: ~tt\l1~T£1<..=f' ~~,for.it> Date: r:f)e.{;QJn&_r 1 1$1 2-0L 4 Enclosed: Annex I- Revised Withdrawal Table -3- Annex I MAURITANIA: Additional Financing for Sahel Women Empowerment and Demographic Dividend Regional Project) (Grant No. D6390-MR) Category Amount of the Percentage of Grant Allocated Expenditures to be (expressed in SDR) Financed (inclusive of Taxes) (1) Goods, Non-Consulting 0% until the Original Services, Consultants' Services, Grant is fully 22,608,740 Operating Costs, Workshops and disbursed, thereafter, Training for the Project 100% (2) Conditional Cash Transfers, 0% until the Original Unconditional Cash Transfers, In- Grant is fully Kind Cash Transfers under 2,799,189 disbursed, thereafter, Component 1. 2 (a,b,c,d) of the 100% of amounts Proj ect disbursed Amount cancelled as ofNovember 7, 18,592,071 2024 TOTAL AMOUNT 44,000,000