Amendment No. 1 to the Administration Arrangement between the Government of Australia
     Represented by the Department of Foreign Affairs and Trade and International Bank for
   Reconstruction and Development and the International Development Association regarding the
  Cambodia Trust Fund for Public Finance Management (PFM) and Service Delivery Multi-Donor
               Trust Fund (Trust Fund No. TF073207; Donor Reference No. 75174)

1.      Reference is made to the Administration Arrangement between the Government of Australia
represented by the Department of Foreign Affairs and Trade (the “Donor”) and the International Bank for
Reconstruction and Development and the International Development Association (collectively, the “Bank”
and together with the Donor, the “Participants” and each a “Participant”) regarding the Cambodia Trust
Fund for Public Finance Management (PFM) and Service Delivery Multi-Donor Trust Fund (Trust Fund
No. TF073207) effective as of April 2, 2019 (the “Administration Arrangement”).

2.       The Bank acknowledges that the Donor has decided, subject to legislative appropriations, to
provide the sum of nine hundred fifty thousand Australian Dollars (AUD 950,000) (the “Contribution”),
for the Trust Fund in accordance with the terms of the Administration Arrangement. The Contribution is in
addition to the initial financial support of two million Australian Dollars (AUD 2,000,000) to Trust Fund
No. TF073207, bringing the total Australian contribution to AUD 2,950,000 (AUD 1,450,000 of which has
been contributed from the Mekong Australia Partnership Economic Resilience Fund).

3.      The Donor will deposit the Contribution in accordance with the following schedule and in the
currency specified in paragraph 2 above into such bank account designated by the Bank (each amount
deposited referred to as an “Installment”) upon submission of a payment request by the Bank:

        (A)     By June 30, 2023 - AUD 550,000

        (B)     By June 30, 2024 - AUD 400,000

4.      The Contribution is being provided in Installments on the basis of financial needs of the Trust Fund.
If the Bank determines, on the basis of the speed of the implementation of the activities and availability of
funds in the Trust Fund, that it is necessary to either bring Installments forward or delay them, the Bank
and the Donor will discuss and agree to revise the Installment schedule, as confirmed by the Bank to the
Donor in writing.

5.      When making a deposit, the Donor will instruct its bank to include in its deposit details information
(remittance advice) field of its SWIFT deposit message, information indicating: the amount deposited, that
the deposit is made by the Donor for Trust Fund No. TF073207 (the Cambodia Trust Fund for Public
Finance Management (PFM) and Service Delivery Multi-Donor Trust Fund), and the date of the deposit
(the “Deposit Instructions”). In addition, the Donor will provide a copy of the Deposit Instructions to the
Bank’s Accounting Trust Funds Division by e-mail sent to tfremitadvice@worldbank.org or by fax sent to
(202) 614-1315.

6.     The Participants mutually decide to delete paragraph 5.1 of Annex 2 to the Administration
Arrangement and replace with the following:

        “5.1.   It is expected that the funds deposited in the Trust Fund will be fully disbursed by the Bank
                by January 31, 2025 (the “End Disbursement Date”). The Bank shall only disburse funds
                deposited in the Trust Fund for the purposes of this Administration Agreement (other than
                returns to Donors) after such date to the extent such date is changed in accordance with
                amendments made to the Administration Agreements of all the Donors. Following the End
                Disbursement Date, the Bank shall return any remaining balance of the Trust Fund to each



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                 Donor in the Holding Currency in the manner specified in its respective Administration
                 Agreement on a pro rata basis with regard to the total funds deposited in the Trust Fund by
                 such Donor relative to the total funds deposited in the Trust Fund by all Donors, all
                 calculated as Holding Currency amounts.”

7.       All other terms of the Administration Arrangement will remain the same.

8.       Each of the Participants represents, by confirming its acceptance below, that it is authorized to enter
into this Amendment and act in accordance with its provisions. The Participants are requested to sign and
date this Amendment, and upon possession by the Bank of this fully signed Amendment and respective
amendments signed by all other donors to the Trust Fund, this Amendment will come into effective as of
the date of the last signature.



INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT/
INTERNATIONAL DEVELOPMENT ASSOCIATION



By:   ____________________________________/s1/
         Maryam Salim
Name: ____________________________________/n1/
             Country Manager
Title:   ____________________________________/t1/
            21-Mar-2022
Date:    ____________________________________/d1/


GOVERNMENT OF AUSTRALIA REPRESENTED
BY THE DEPARTMENT OF FOREIGN AFFAIRS AND TRADE


By:      ____________________________________/s2/
         Andreas Zurbrugg
Name: ____________________________________/n2/
             Deputy Head of Mission
Title:   ____________________________________/t2/
            22-Mar-2022
Date:    ____________________________________/d2/




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