The World Bank OM(202) 473-1000 INTERNATIONAL BiiqK FOR RECONSTRUCTIDN AND D :VEL OPME NT Washin 43 Cable Address: INTBAFRAD INTERNATIONAL DIF IELOPMENT ASSOCIATION . Cable Address: INDEVAS Alai-& ,2013 Mr. Koen Davidse Ditector MJtilateral Organisations End Hurian Rights Miiistry of Foreign Affairs P.O.). Box 20061 2500 EB, Hiague The Netherlands Amendment to the General Arrangement between the Netherlands Minister for Develt p.a ent Cooperation and the International Bank for Reconstruction ant" Level opment and the International Development Association concerninp tht Debt Relief Trust Fund (TF No. 025866) Dear Mr. Davidse: 1. We refer to the Gen.ra A -rangement between the Netherlands Minister for Development Cooperaion ( he "Donor") and the International Bank for Reconstruction and Deve opn ent ("IBRD") and the International Development Association ("IDA") (coll!ctiv,-ly referred to as the "Bank") concerning the Debt Relief Trust Fund (the " Trust f und", formerly the HIPC Trust Fund), dated May 14, 2003, as amended (the "Agreenent"). Unless otherwise defined herein, capitalized terms used but not def ned in this letter have the meanings given to them in the Agreement. 2. Paragraph 3(d) of the Trus: Fu id Resolution, which is incorporated into and forms part of the Agreement authDriz,.s IDA, as Administrator of the Trust Fund, to invest funds held in the Trust Jun I pe iding disbursement, and provides that "all the income from such investment shall be :redited to, and used exclusively for the purposes of, the Trust Fund, except t iat if a donor so requires, the income from the investment of the funds provided by th.it c ono - shall be paid to the donor." 3. IDA, as Adminis:rator o the Tr ast Fund, and the Donor hereby agree that the amount of Two Million rhree Hundred Thousand United States Dollars (USD 2,300,000), representing a portion o I the Donor's share of the unallocated investment income in the Trust Fund, shall be trLnsf(rred by IDA, as Administrator, from the Trust Fund into the Debt Service Trust Fur d for the Palestinian Authority (TF No. 072025) (the "Debt Service Trust Fuad'), t( be administered by IDA, in order to provide debt relief to the Palestinian Aut-iori y on credits financed by the Trust Fund for Gaza and West Bank ("TFGWB", es ablished by Resolution No. 93-11 and IDA No. 93-7 as amended) and acministcrec. by IDA. The Donor understands that other donors are also expected to contribute to th: Debt Service Trust Fund. 4. From the date of efle.:tiv.nes of this Amendment until February 29 2016, IDA, as Administrator of the Debi Ser ice Trust Fund, shall use fuinds transferred to the Debt Service Trust Fund and any in iestment income earned on such contributions to repay any amounts due or. any 1 FGWB credits outstanding as of the date of this Amendment in such rranr er a IDA may, in its discretion, determine. 5. Such transfer !;hall be made pr )mptly following countersignature of this Amendment. 6. IDA will disclose this A me idme it and related information on this Trust Fund in accordance with the World Bank Pc licy on Access to Information. By entering into this Amendment, the Donor consents to discl(sur of t fis Amendment and related information on this Trust Fund. 7. Please confirm your a.yeem nt with the foregoing, on behalf of the Donor, by signing, dating, and -eturnin.; to us the enclosed copy of this Amendment. Upon receipt by IDA of the copy of this Amendment countersigned by you, this Amendment will become effective ;is (fthe date of the countersignature. Sincerely, INTERNA TIONAL DEVELOPMENT ASSOCIATION, AS AD'vilNIS-RLTO 1 OF THE DEBT RELIEF TRUST FUND Lvt Vice President Con,cs ;ion Finance and Global Partnerships AGREED: For the NETHERLANES MINISTER for FOREIGN TRADE and DI VELOPMENT COOPERATION Date: Koen Davidse Director Multilateral Orgaiisation; and Ilman Rights Ministry of Forein Affairs