The World ilank                                            .             (202) 473-1000
INTERNATIONAL i/NK FOR RECONSTRUCTION AND 1)EVELOPKi           433        Cable Address: INTBAFRAD
INTERNATIONAL 1:EVELOPMENT ASSOCILA1ON                                    Cable Address: INDEVAS
January 28, 2013
H.E. Rafe H. Al-Eissawi
Minister of Finance
Ministry of Finance
Bab Al-Muadham, Hay Al-Ulurr
Baghdad, Iraq
Re: Iraq: Public finance Management Reforms Project
(Grant. No.TF094552)
Armen( ment to Grant Agreement
Exce'lency:
We refer to the Grant Agieement, dated July 20, 2009, between the Ministry of Finance of Iraq
(Recipient) and the Internation I Devel ipment Association (World Bank), for the above-mentioned
Proje:ct (the Project). We also -eftr to a letter from the Deputy Finance Minister dated October 7,
2012 requesting certain amendient; to the Grant Agreement.
We are pleased to inforrr ycu that, after due consideration, the World Bank concurs with the
requst, and consequent y the G ant Agreement is hereby amended as set forth below.
1.    A new paragraph as "Pat F" is ntroduced in Schedule 1 to the Grant Agreement, which reads
as follows:
"Part E: Integrated Finat cial Maigement Infom)ation System (IFMIS)
Implementation of IFNIS by the Ministry Finance to: (i) provide the capacity to
automate the b icg.t pi eparation process and ensure complete and accurate budget
formulation anc pr.-senation; (ii) increase its ability to undertake central control and
monitoring of .xp:-nditure and receipts in government ministries, departments and
spending units; anc (iii) provide access to comprehensive and meaningful information
on budgetary, f nar cial and operation performance during the financial year."
2.     The Table under paragraph A 2 of Section IV of Schedule 2 to the Grant Agreement is
amcnded to read as follows:
Category                Amount of the Grant           Percentage of
C   Allocated (expressed in     Expenditures to be
USD)                     Financed
(  Goods                               2,050,000           100%
(2) Consultants' services,             13,600,000          100%
including audit, and Traitinc
(1) Incremental Operating Costs          350,000           100%
(I) Unallocated                            0
TOTAL AMOUNT                           16,000,000


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3.     Paragraph B.2 under Section :V of Schedule 2 to the Grant Agreement is amended to read as
follows:
"2.    The Closing 3at: referred to in Section 3.06 of the Standard Condition is August 31,
2013."
Except as specificall y amend.-d by this amendment letter, all other provisions of the Grant
Agreement remain in full force and effect.
Please confirm your Lgreemet it to the foregoing by signing the form of confirmation set forth
below and returning one flly execu:ed original of this amendment letter to us and retaining one
original for your records. Tis anendment letter shall become effective as of the date of
countersignature.
Sincerely,
INTEINA TIONAL DEVELQPMENT ASSOCIATION
Er c Le Borgne, Acting Country Director
uthorized Representative
AGREED
MINISTRY OF FINANCE OF IKAQ
By   -
Name:    r....
Title: A                          -4w      vi OM;
Date:  7-_