Amendment No. 1 to the Partial Restatement of the Administration Arrangement between the Ministry
of Foreign Affairs of the Netherlands and the International Bank for Reconstruction and Development
and the International Development Association regarding the Partnership for Infrastructure
Development in the West Bank and Gaza Multi-Donor Trust Fund (Trust Fund No. TF071898)

1.      Reference is made to the Partial Restatement of the Administration Arrangement between the
Ministry of Foreign Affairs of the Netherlands (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 Partnership for Infrastructure
Development in the West Bank and Gaza Multi-Donor Trust Fund (Trust Fund No. TF071898) (the “Trust
Fund”) effective as of July 27, 2020, as amended and restated (the “Administration Arrangement”).

2.       The Participants mutually decide to amend the Administration Arrangement as follows:

(a)      Paragraph 6.1. of Annex 2 will be deleted and replaced with the following:

         “6.1. It is expected that the funds deposited in the Trust Fund will be fully disbursed by the Bank
         by December 31, 2024 (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 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.”

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

4.       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 effect as of the
date of the last signature.


INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT
INTERNATIONAL DEVELOPMENT ASSOCIATION



By:      _______________________________/s1/
           Kanthan Shankar
Name: _______________________________/n1/

Title:                                  /t1/ Gaza
           Country Director, West Bank and
         _______________________________
           16-Jun-2022
Date:    _______________________________/d1/
MINISTRY OF FOREIGN AFFAIRS OF THE NETHERLANDS



By:      _______________________________/s2/
           Mr. Kees van Baar
Name: _______________________________/n2/

Title:     Head of Mission of the Netherlands
         _______________________________/t2/  Representative Office to the Palestinian Authority

           22-Jun-2022
Date:    _______________________________/d2/




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