. r TriEWORLD~ BANK frn ~11.~r;r, ! It!\ 11.J'r'~i.. r , , / '" {( ;? 't_ 1J '· 4 · .• 1 H ' I i. I t ! !'- · -,- .. ~ t .t.. ,J\ (r~ -. · - · · ·· - - ,. , "! l ~s.· JI' v-J ~J f12 r1 ; • I I JI ~ .•, l, ;. 1r ! II' I • y ;· - ...- ""f "';'- ~l'; t ,' •u,sv ·'· 'IV I ~ WORLD BANK GROUP , 7 Ar-1r,;1 1 ·- - · : ·~ *O#I- - ~ ~• di ..._-t.lllC~ · , .,. l -~ \..,..J \; ( ........K rnr 1:\ 'T~v OFFh~F ~ -~ ~ .:-::.;.1ur.i_:,,._;~ f I Zambia World Bank Group Country Office Tel : (260-211 ) 25281 1 Pyramid Plaza, Plot #746 Church Road Fax · (260-2 11 ) 254283 P.O. Box 35410, Lusaka, ZAMBIA Ref. : WBLUN/TRALARD/Mar.14 March 11, 2020 Honorable Dr. Bwalya Ng'andu Minister of Finance Ministry of Finance Lusaka Republic of Zambia Dear Dr. Ng'andu: Zambia: Transforming Landscapes for Resilience and Development Project Credit Number 6398-ZM Corrigendum to the Financing Agreement We refer to the Financing Agreement, dated November 11, 2019, between the Republic of Zambia and the International Development Association ("Association") for purposes of financing the Transforming Landscapes for Resilience and Development Project ("Project''). We wish to bring to your attention the following: 1. We inadvertently omitted to include under Article TV of the Financing Agreement a clause setting out the deadline for effectiveness of the Project. Accordingly, we hereby insert clause 4.0 l under Article IV of the Financing Agreement and confirm that it should be read as follows : "4.01. The Effectiveness Deadline is the date ninety (90) days after the Signature Date." 2. We need to correct the first repayment date (i.e. November 15, 2024) set out in the table in Schedule 3 of the Financing Agreement. Since the Project was approved by the Association ' s Board of Executive Directors on May 15, 2019, we hereby correct the first repayment date from May 15, 2024 to November I 5, 2024 (highlighted below) as set out in the table in Schedule 3 of the Financing Agreement and confirm that it should be read as follows : ' 1.' Hon. Dr. Ng'andu - 2- March l l, 2020 Principal Amount of the Credit Date Payment Due repayable (expressed as a percentage)* On each May 15th and November 15 1h: Commencing November 15, 2024 to and 1.65% including May 15, 2044 I commencing November 15, 2044 to and 3.40% including May 15, 2049 I I All other provisions of the Financing Agreement remain 111 full force and effect. Please acknowledge receipt of this corrigendum. Sincerely, INTERNATIONAL DEVELOPMENT ASSOCIATION und Country Manager for Zambia Africa Region RECEIVED AND ACKNOWLEDGED MINISTRY OF FINANCE REPUBLIC OF ZAMBIA I By ~ ~LJ'. lt :<-£. 1-.)G-,,...cV Name: ~ ~ Title: Ht-,,-Jt [)f{'l f F ~(l-t.ie,f: D Authorized Representative