OFFICIAL DOCUMENTS CREDIT NUMBER 62940-KG GRANT NUMBER D3520-KG and Amendment to GRANT NUMBER 4934-KG and CREDIT NUMBER H678-KG Financing Agreement (Additional Financing for the Central Hydrometeorology Modernization Project And Amendment to the Original Financing Agreement and Revised Performance Monitoring Indicators) between KYRGYZ REPUBLIC and INTERNATIONAL DEVELOPMENT ASSOCIATION CREDIT NUMBER 62940-KG GRANT NUMBER D3520-KG FINANCING AGREEMENT AGREEMENT dated as of the Signature Date between KYRGYZ REPUBLIC ("Recipient") and the INTERNATIONAL DEVELOPMENT ASSOCIATION ("Association") for the purpose of (i) providing additional financing for the Original Project (as defined in the Appendix to this Agreement) and activities related to the Original Project; and (ii) amending the Original Financing Agreement and the Performance Monitoring Indicators, as reflected in the Appendix to this Agreement. The Recipient and the Association hereby agree as follows: ARTICLE I - GENERAL CONDITIONS; DEFINITIONS 1.01. The General Conditions (as defined in the Appendix to this Agreement) apply to and form part of this Agreement. 1.02. Unless the context requires otherwise, the capitalized terms used in this Agreement have the meanings ascribed to them in the General Conditions or in the Appendix to this Agreement. ARTICLE II- FINANCING 2.01. The Association agrees to extend to the Recipient a grant and a credit, both deemed by the Association to be on concessional terms, as set forth or referred to in this Agreement (collectively, "Financing") in the following amounts to assist in financing the project described in Schedule I to this Agreement ("Project"): (a) an amount equivalent to one million eight hundred thousand Special Drawing Rights (SDRI,800,000) ("Grant"); and (b) an amount equivalent to one million eight hundred thousand Special Drawing Rights (SDR1,800,000) ("Credit"). 2.02. The Recipient may withdraw the proceeds of the Financing in accordance with Section III of Schedule 2 to this Agreement. -2- 2.03. The Maximum Commitment Charge Rate is one-half of one percent (1/2 of 1%) per annum on the Unwithdrawn Financing Balance. 2.04. The Service Charge is three-fourths of one percent (3/4 of 1%) per annum on the Withdrawn Credit Balance. 2.05. The Payment Dates are November 15 and May 15 in each year. 2.06. The principal amount of the Credit shall be repaid in accordance with the repayment schedule set forth in Schedule 3 to this Agreement. 2.07. The Payment Currency is Dollar. ARTICLE III - PROJECT 3.01. The Recipient declares its commitment to the objective of the Project. To this end, the Recipient shall carry out Part 2 of the Project through the MOES in accordance with the provisions of Article V of the General Conditions and Schedule 2 to this Agreement. ARTICLE IV - EFFECTIVENESS; TERMINATION 4.01. The Additional Condition of Effectiveness consists of the following, namely that the Recipient has updated the Project Operations Manual in a manner satisfactory to the Association. 4.02. The Effectiveness Deadline is the date one hundred and twenty (120) days after the Signature Date. ARTICLE V - REPRESENTATIVE; ADDRESSES 5.01. The Recipient's Representative is its Minister of Finance. 5.02. For purposes of Section 11.01 of the General Conditions: (a) the Recipient's address is: Ministry of Finance 58 Erkindik Blvd. Bishkek City, 720040 Kyrgyz Republic; and -3- (b) the Recipient's Electronic Address is: Telex: Facsimile: 245-156 NUR KH (996-312) 661645 5.03. For purposes of Section 11.01 of the General Conditions: (a) The Association's address is: International Development Association 1818 H Street, N.W. Washington, D.C. 20433 United States of America; and (b) the Association's Electronic Address is: Telex: Facsimile: 248423 (MCI) 1-202-477-6391 -4- AGREED as of the Signature Date. KYRGYZ REPUBLIC By Authized Representative Name: -4 e LJA4" WMct1j,eA/ Title:________ Date: INTERNATIONAL DEVELOPMENT ASSOCIATION By . k0 Authorized Representative Name: _Bolorman Amgaabazar Title: _ Country Manager Date: 2. -4- AGREED as of the Signature Date. KYRGYZ REPUBLIC By Avorized Representative Name: 14eAM - Va-sr O 4P-V Title:_ ALN__ __ Date: Vel"4er -,3