OFFICIAL -f vet Ucl DOCUMENTSj,* The World Bank i 18 HStreeT WN. (202) 473-1000 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT Washington, D.C. 20433 Cable Address: INTBAFRAD U.S.A. Cable Address: INDEVAS INTERNATIONAL DEVELOPMENT ASSOCIATION ,2014 H. E. Ibrahim Saif Minister of Planning and International Cooperation Ministry of Planning and International Cooperation Post Office Box 555 Amman, 11118 The Hashemite Kingdom of Jordan Excellency: Re: The Hashemite Kingdom of Jordan: Middle East and North Africa (MENA) Transition Fund Micro, Enhancing Governance and Strengthening the Regulatory and Institutional Framework for Small and Medium Enterprise Development Project Grant No. TF016588 Additional Instructions: Disbursement I refer to the Grant Agreement ("Agreement") between the International Bank for Reconstruction Bank"), acting as and Development and the International Development Association ("World Kingdom of Implementation Support Agency (ISA) for the MENA Transition Fund, and the Hashemite Agreement provides Jordan ("Recipient") for the above-referenced project of even date, herewith. The of the proceeds of Grant that the World Bank may issue additional instructions regarding the withdrawal to time, constitutes the No. TFO 16588 ("Grant"). This letter ("Disbursement Letter"), as revised from time additional instructions. 1, 2006, The attached World Bank Disbursement Guidelines for Projects, dated May part of the Disbursement Letter. The manner ("Disbursement Guidelines") (Attachment 1), are an integral apply to the Grant is specified below. Sections in which the provisions in the Disbursement Guidelines in the Disbursement and subsections in parentheses below refer to the relevant sections and subsections Guidelines and, unless otherwise defined in this letter, the capitalized terms used have the meanings ascribed to them in the Disbursement Guidelines. I. Disbursement Arrangements be used under (i) Disbursement Methods (section 2). The following Disbursement Methods may the Grant: * Reimbursement * Direct Payment * Advance Date is 4 months (ii) Disbursement Deadline Date (subsection 3.7). The Disbursement Deadline Grant Agreement. Any changes to this date will be notified after the Closing Date specified in the by the World Bank. (iii) Disbursement Conditions (subsection 3.8). Please refer to the Disbursement Condition(s) in the Grant Agreement. II. Withdrawal of Grant Proceeds (i) Authorized Signatures (subsection3.1). A letter in the Form attached (Attachment 2) should be furnished to the World Bank at the address indicated below providing the name(s) and specimen signature(s) of the official(s) authorized to sign Applications: The World Bank 1818 H Street, N.W. Washington, DC 20433 United States of America Attention: Country Director (ii) Applications (subsections 3.2 - 3.3). Please provide completed and signed applications for withdrawal, together with supporting documents, to the address indicated below: The World Bank Radnicka cesta 80, 9 d Floor Zagreb, HR-10000, Croatia Attention: Loan Department (ii) Electronic Delivery (subsection3.4) The World Bank may permit the Recipient to electronically deliver to the World Bank Applications (with supporting documents) through the World Bank's Client Connection, web-based portal. The option to deliver Applications to the World Bank by electronic means may be effected if: (a) the Recipient has designated in writing, pursuant to the terms of subparagraph (i) of this Section, its officials who are authorized to sign and deliver Applications and to receive secure identification credentials ("SIDC") from the World Bank for the purpose of delivering such Applications by electronic means; and (b) all such officials designated by the Recipient have registered as users of Client Connection. If the World Bank agrees, the World Bank will provide the Recipient with SIDC for the designated officials. Following which, the designated officials may deliver Applications electronically by completing Form 2380, which is accessible through Client Connection (https://clientconnection.worldbank.org). The Recipient may continue to exercise the option of preparing and delivering Applications in paper form. The World Bank reserves the right and may, in its sole discretion, temporarily or permanently disallow the electronic delivery of Applications by the Recipient. (iv) Terms and Conditions of Use of SIDC to ProcessApplications. By designating officials to use SIDC and by choosing to deliver the Applications electronically, the Recipient confirms through the authorized signatory letter its agreement to: (a) abide by the Terms and Conditions of Use of Secure Identification Credentials in connection with Use of Electronic Means to Process Applications and SupportingDocumentation ("Terms and Conditions of Use of SIDC") provided in Attachment 3; and (b) to cause such official to abide by those terms and conditions. (v) Minimum Value of Applications (subsection 3.5). The Minimum Value of Applications is for Direct Payments and Reimbursements is USD50,000. (vi) Advances (sections 5 and 6). * Type ofDesignatedAccount (subsection 5.3): Segregated * Currency of Designated Account (subsection 5.4): USD * Financial Institution at which the Designated Account Will Be Opened (subsection 5.5): Central Bank of Jordan * Ceiling (subsection 6.1): USD400,000 III. Reporting on Use of GrantProceeds (i) Supporting Documentation (section 4). Supporting documentation should be provided with each application for withdrawal as set out below: * For requests for Reimbursement: 0 Statement of Expenditure in the form attached (Attachment 4); and o Records evidencing eligible expenditures (e.g., copies of receipts, supplier invoices) for payments against contracts that are subject to the World Bank's prior review, in the form attached (Attachment 5). * For reporting eligible expenditures paidfrom the Designated Account: 0 Statement of Expenditure in the form attached (Attachment 4); 0 Records evidencing eligible expenditures (e.g., copies of receipts, supplier invoices) for payments against contracts that are subject to the World Bank's prior review, in the form attached (Attachment 5); and 0 A reconciliation of the Designated Account, in the form attached (Attachment 6), with a copy of the bank statement. * For requests for Direct Payment: records evidencing eligible expenditures, e.g., copies of receipts, supplier invoices (ii) Frequency of Reporting Eligible Expenditures Paid from the Designated Account (subsection 6.3): Quarterly or more if required TV. Other Important Information For additional information on disbursement arrangements, please refer to the Disbursement Handbook available on the World Bank's public website at https://www.worldbank.org and its secure upon website "Client Connection" at https://clientconnection.worldbank.org. Print copies are available request. If you have not already done so, the World Bank recommends that you register as a user of the be able to Client Connection website (https://clientconnection.worldbank.org). From this website you will download Applications, monitor the near real-time status of the Grant, and retrieve related policy, financial, and procurement information. All Recipient officials authorized to sign and deliver Applications by electronic means are required to register with Client Connection before electronic delivery can be effected. For more information about the website and registration arrangements, please contact the World Bank by email at clientconnection@worldbank.org. If you have any queries in relation to the above, please contact a Finance Officer at CTRLD- TF@worldbank.org using the above reference. Yours sincerely, Ferid Belhaj Country Director for Jordan Middle East and North Africa Region Attachments 1. World Bank DisbursementGuidelinesfor Projects, dated May 1,2006 2. Form for Authorized Signatures 3. Terms and Conditions of Use of Secure Identification Credentialsin connection with Use of Electronic Means to ProcessApplications andSupporting Documentation, dated March 1, 2013 4. Form of Statement of Expenditure 5. Form of Payments Against Contracts Subject to the World Bank's Prior Review 6. Designated Account Reconciliation Statement Attachment 2 Form of Authorized Signatory Letter [Letterhead Ministry of Planning and International Cooperation [Street address] [City] [Country] [DATE] The World Bank 1818 H Street, N.W. Washington, D.C. 20433 United States of America Attention: Country Director Dear Country Director: Re: The Hashemite Kingdom of Jordan: Middle East and North Africa Transition Fund Enhancing Governance and Strengthening the Regulatory and Institutional Framework for Micro, Small and Medium Enterprise Development Project - Grant No. TF016588 I refer to the Grant Agreement ("Agreement") between the International Bank for Reconstruction and Development and International Development Association ("World Bank"), acting as Implementation Support Agency of the Transition Fund, and the Hashemite Kingdom of Jordan ("Recipient"), dated , providing the above Grant. For the purposes of Section 3.04 (b) of the Standard Conditions, as defined in the Agreement, any [lone] of the persons whose authenticated specimen signatures appear below is authorized on behalf of the Recipient this to sign applications for withdrawal [and applications for a special commitment] under Grant For the purpose of delivering Applications to the World Bank, 2[each] of the persons of the whose authenticated specimen signatures appears below is authorized on behalf Recipient, acting 31individually] [jointly], to deliver Applications, and evidence in support 4 thereof on the terms and conditions specified by the World Bank. 5[This confirms that the Recipient is authorizing such persons to accept Secure to Identification Credentials (SIDC) and to deliver the Applications and supporting documents one person needs to sign 1Instruction to the Recipient when sending this letter to the World Bank: Stipulate if more than many or which positions, and if any thresholds apply. Please delete this footnote in final letter that is sent Applications, and how to the World Bank 2 Instruction to the Recipient: Stipulate if more than one person needs tojointly sign Applications, if so, please indicate the actual number. Please delete this footnote infinal letter that is sent to the World Bank. please Instruction to the Recipient: Use this bracket if any one of the authorized persons may sign; if this is not applicable, delete. Please delete thisfootnote in final letter that is sent to the World Bank. 4 Instruction to the Recipient: Use this bracket onlg if several individuals must jointly sign each Application; if this is not applicable, please delete. Please delete this footnote in final letter that is sent to the World Bank the World Bank by electronic means. In full recognition that the World Bank shall rely upon such representations and warranties, including without limitation, the representations and warranties contained in the Terms and Conditions of Use of Secure Identification Credentials in connection woith Use of Electronic Means to Process Applications and Supporting Documentation ("Terms and Conditions of Use of SIDC"), the Recipient represents and warrants to the World Bank that it will cause such persons to abide by those terms and conditions.] This Authorization replaces and supersedes any Authorization currently in the World Bank records with respect to this Agreement. [Name], [position] Specimen Signature: [Name], [position] Specimen Signature: .[Name], [position] Specimen Signature: Yours truly, / signed / [Position] Instruction to the Recipient: Add this paragraph if the Recipient wishes to authorize the listed persons to accept Secure Identfication Credentials and to deliver Applications by electronic means; if this is not applicable, please delete the paragraph. Please delete this footnote in final letter that is sent to the World Bank Attachment 3 Terms and Conditions of Use of Secure Identification Credentials in connection with Use of Electronic Means to Process Applications and Supporting Documentation March 1, 2013 The World Bank (Bank)' will provide secure identification credentials (SIDC) to permit the Borrower2 to deliver applications for withdrawal and applications for special commitments under the Agreement(s) and supporting documentation (such applications and supporting documentation together referred to in these Terms and Conditions of Use as Applications) to the Bank electronically, on the terms and conditions of use specified herein. SIDC can be either: (a) hardware-based (Physical Token), or (b) software-based (Soft Token). The Bank reserves the right to determine which type of SIDC is most appropriate. A. Identification of Users. 1. The Borrower will be required to identify in a completed Authorized Signatory Letter (ASL) duly delivered to and received by the Bank each person who will be authorized to deliver Applications. The Bank will provide SIDC -to each person identified in the ASL (Signatory), as provided below. The Borrower shall also immediatel' notify the Bank if a Signatory is no longer authorized by the Borrower to act as a Signatory. 2. Each Signatory must register as a user on the Bank's Client Connection (CC) website (https://clientconnection.worldbank.org) prior to receipt of his/her SIDC. Registration on CC will require that the Signatory establish a CC password (CC Password). The Signatory shall not reveal his/her CC Password to anyone or store or record the CC Password in written or other form. Upon registration as a CC user, the Signatory will be assigned a unique identifying account name. B. Initialization of SIDC. 1. Prior to initialization of SIDC by a Signatory, the Signatory will acknowledge having of Use. read,. understood and agreed to be bound by these Terms and Conditions "Bank" includes IBRD and IDA. the "Borrower" includes the borrower of an IBRD loan, IDA credit, or Project Preparation Facility advance and recipient of a grant. 2. Where a Physical Token is to be used, promptly upon receipt of the Physical Token, the Signatory will access CC using his/her account name and CC Password and register his/her Physical Token and set a personal identification number (PIN) to be used in connection with the use of his/her Physical Token, after which the Physical Token will be initialized for use by the Signatory exclusively for purposes of delivering Applications. Where a Soft Token is to be used, the Signatory will access CC using his/her account name and CC Password and set a personal identification number (PIN) to be used in connection with the use of his/her Soft Token, after which the Soft Token will be initialized for use by the Signatory exclusively for purposes of delivering Applications. Upon initialization of the SIDC, the Signatory will be a "SIDC User". The Bank will maintain in its database a user account (Account) for each SIDC User for purposes of managing the SIDC of the SIDC User. Neither the Borrower nor the SIDC User will have any access to the Account. 3. Prior to first use of the SIDC by the SIDC User, the Borrower shall ensure that the SIDC User has received training materials provided by the Bank in use of the SIDC. C. Use of SIDC. 1. Use of the SIDC is strictly limited to use in the delivery of Applications by the SIDC User in the manner prescribed by the Bank in the Agreement(s) and these Terms and Conditions. Any other use of the SIDC is prohibited. 2. The Bank assumes no responsibility or liability whatsoever for any misuse of the SIDC by the SIDC User, other representatives of the Borrower, or third parties. 3. The Borrower undertakes to ensure, and represents and warrants to the Bank (such representation and warranty being expressly relied upon by the Bank in granting SIDC) that each SIDC User understands and will abide by, these Terms and Conditions of Use, including without limitation the following: 4. Security 4.1. The SIDC User shall not reveal his/her PIN to anyone or store or record the PIN in written or other form. 4.2. The SIDC User shall not allow anyone else to utilize his/her SIDC to deliver an Application to the Bank. 4.3. The SIDC User shall always logout from CC when not using the system. Failure to logout properly can create a route into the system that is unprotected. 4.4. If the SIDC User believes a third party has learned his/her PIN or has lost his/her Physical Token he/she shall immediately notify clientconnection@worldbank.org. 4.5. The Borrower shall immediately notify the Bank at clientconnection(,worldbank.org of any lost, stolen or compromised SIDC, and take other reasonable steps to ensure such SI)C are disabled immediately. 5. Reservation of Right to Disable SIDC 5.1. The Borrower shall reserve the right to revoke the authorization of a SIDC User to use a SIDC for any reason. 5.2. The Bank reserves the right, in its sole discretion, to temporarily or permanently disable a SIDC, de-activate a SIDC User's Account or both. 6. Care of Physical Tokens 6.1. Physical Tokens will remain the property of the Bank. to 6.2. The Bank will physically deliver a Physical Token to each Signatory designated receive one in a manner to be determined by and satisfactory to the Bank. 6.3. Physical Tokens contain delicate and sophisticated instrumentation and therefore to should be handled with due care, and should not be immersed in liquids, exposed should be kept more than extreme temperatures, crushed or bent. Also, Physical Tokens as mobile five (5) cm from devices that generate electromagnetic radiation (EMR), such Tokens phones, phone-enabled PDAs, smart phones and other similar devices. Physical At close range (less than 5 should be carried and stored separate from any EMR device. cm), these devices can output high levels of EMR that can interfere with the proper operation of electronic equipment, including the Physical Token. technical 6.4. Without derogating from these Terms and Conditions of Use, other of Physical Tokens are available at instructions on the proper use and care http://www.rsa.com. 7. Replacement Physical 7.1. Lost, damaged, compromised (in terms of 4.5, above) or destroyed Tokens will be replaced at the expense of the Borrower. Physical 7.2. The Bank reserves the right, in its sole discretion, not to replace any Token in the case of misuse, or not to reactivate a SIDC User's Account. Attachment 4 Statement of Expenditures (SOE) Payments made during the period from to Date: Application No.: For expenditures against the contracts not subject to the Bank Prior Review Loan: SOE No.: 1 .2 3 4 5 6 7 8 9- Item Category Currency and Total Currency and Eligible % Amount Currency and Exchange Rate Remarks No. No. (**) Amount of Contract Total Amount of from Schedule Eligible for Amount Paid from (Col, 7 divided by Invoice Covered . I of Financing (4 Special Account (if Col. 6) by Application Loan/Credit x 5) Applicable) (Net of Retention) Agreement TOTALS, Supporting documents for this SOE retained at (insert location) (*) A separate SOE form should be used for retroactive financing (**) Items should be grouped by category; or alternatively, a separate SOE form may be used for each category Attachment 5 Payments Made during Reporting Period Against Contracts Subject to the Bank's Prior Review -A, Attachment 6 DESIGNATED ACCOUNT RECONCILIATION STATEMENT LOAN/CREDIT/PPF/COFINANCIER NUMBER ACCOUNT NUMBER WITH (BANK) 1. TOTAL ADVANCED BY WORLD BANK (OR COFINANCIER) $ 2 LESS: TOTAL AMOUNT RECOVERED BY WORLD BANK - $ 3. EQUALS PRESENT OUTSTANDING AMOUNT ADVANCED TO THE SPECIAL ACCOUNT (NUMBER I LESS NUMBER 2) = $ 4. BALANCE OF SPECIAL ACCOUNT PER ATTACHED BANK STATEMENT AS OF DATE $ 5. PLUS: TOTAL AMOUNT CLAIMED IN THIS APPLICATION NO. +$ * 6. PLUS: TOTAL AMOUNT WITHDRAWN AND NOT YET CLAIMED REASON: +$ * 7. PLUS: AMOUNTS CLAIMED IN PREVIOUS APPLICATIONS NOT YET CREDITED AT DATE OF BANK STATEMENTS APPLICATION NO. AMOUNT * SUBTOTAL OF PREVIOUS APPLICATIONS NOT YET CREDITED + $ 8. MINUS: INTEREST EARNED - $ * 9. TOTAL ADVANCE ACCOUNTED FOR (NO. 4 THROUGH NO. 9) = $ 10. EXPLANATION OF ANY DIFFERENCE BETWEEN THE TOTALS APPEARING ON LINES 3 AND 9: 11. DATE: SIGNATURE: TITLE: