Page  1
RCA 248423. 
\09
WUI 64145 
\09
FAX (202) 477-6391
 
The World Bank 
1818 H Street N.W. 
(202) 473-1000 
 
INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT
 
Washington, D.C.  20433 
Cable Address:  INTBAFRAD 
 
INTERNATIONAL DEVELOPMENT ASSOCIATION
 
U.S.A. 
Cable Address:  INDEVAS 
 
CONFORMED COPY 
 
May 18, 2010 
 
Mr. Murilo Portugal 
Deputy Managing Director 
International Monetary Fund 
Washington, D.C., 20431 
U.S.A. 
 
Dear Mr. Portugal: 
 
FIRST Technical Assistance Sub-account  
Low-Income Countries (TF090901) 
 
Addendum 17 to the Letter of Understanding
1. 
Further to the Letter of Understanding between the International Bank for Reconstruction 
and Development and the International Development Association (collectively, the “Bank”), as 
administrator of the Multi-Donor Trust Fund for Low-Income Countries for the Financial Sector 
Reform and Strengthening Initiative (the “Trust Fund”), acting on behalf of the donors to the 
Financial Sector Reform and Strengthening Initiative (“FIRST”) that have signed administration 
arrangements for the Trust Fund with the Bank (the “Administration Arrangements”, or each an 
“Administration Arrangement”)(the “Donors”), and the International Monetary Fund (“IMF”) 
(the “Letter of Understanding”), dated 
September 18, 2007
,
the Bank, acting on behalf of the 
Donors, will contribute to the FIRST Technical Assistance Subaccount (the “Subaccount”) an 
additional grant in the amount of USD 388,879.65 (three hundred and eighty-eight thousand, 
eight hundred and seventy-nine United States dollars and sixty-five cents) (the “Contribution”) to 
finance FIRST’s technical assistance projects to support low-income countries. 
 
2. 
The Contribution will be deposited within 90 days after this Addendum to the Letter of 
Understanding has become effective. 
 
3. 
The Contribution will be subject to the provisions of the above referenced Letter of 
Understanding. 
 
Page  2
Mr. 
Murilo 
Portugal 
   -2- 
   May 
18, 
2010 
 
4. 
This Addendum to the Letter of Understanding will become effective on the first business 
day following the date it is duly dated and signed by an authorized representative of the latter of 
the parties.  
 
5. 
Please confirm that the arrangements set out above are acceptable by signing and dating 
the two original copies of this Addendum and returning it to us. 
 
Executed in two original documents in English. 
For the International Bank for Reconstruction and Development 
International Development Association 
acting as administrator of the Trust Fund 
on  May 20, 2010 
 
/s/ Janamitra Devan 
Vice President  
Financial and Private Sector Development 
 
For the International Monetary Fund on May 24, 2010 
 
/s/ Murilo Portugal 
Deputy Managing Director 
 
Page  3
Mr. 
Murilo 
Portugal 
   -3- 
   May 
18, 
2010 
 
wb318600 
N:\FPDFT\GOVERNANCE\DONORS\IMF\Addenda processed during 2009\IMF LOU LIC Addendum 7 -02-06-09 (Draft for clearance).doc 
02/09/2009 2:45:00 PM