UOCMENT


                   CO-OPE RATIVE REPUBLIC OF GUYANA



                                                                         October 10, 2014



International Development As;ociation
1818 H Street, N.W.
Washington, D.C. 20433
United States of America

                      Re: IDA Credit No. 5474-GY
                      (Flood Risk Management Project)
                      Section 5.01 of the General Conditions
                      Financi lI and Economic Data


Dear Sirs and Mesdames:

In connection with the Financ ng Agreement (Financing Agreement) of this date between
the Co-Operative Republic of Guyana (Member Country) and International Development
Association (Association) pi oviding financing (Financing) for the above-captioned
Project, and the General C nditions (General Conditions) made applicable to the
Financing Agreement, I am writing on behalf of the Member Country to set forth the
following:

1.      We understand and .gree that, for purposes of Section 5.01 of the General
Conditions, the Member Country is required by the Association to report "long-term
external debt" (as defined in he World Bank's Debtor Reporting System Manual, dated
January 2000 (DRSM)), in a,cordance with the DRSM, and in particular, to notify the
Association of new "loan con mitments" (as defined in the DRSM) not later than 30 days
after the end of the quarte during which the debt is incurred, and to notify the
Association of transactions under loans (as defined in the DRSM) once a year, not later
than March 31 of the year foll :wing the year covered by the report.

2.       We represent that ex.ept as otherwise notified to the Association, no defaults
exist in respect of any external debt (as defined in the DRSM). It is our understanding
that, in making the Financing, the Association may rely on the representations set forth or
referred to in this letter.
                                         -2-

3.     Please confirm your agreement to the foregoing by having a duly authorized
representative of the Association sign in the space provided below.

                                  Very truly yours,

                   CO-OPERATIV           PUBLIC OF GUYANA


                        By
                             A      ized Representative




AGREED:

INTERNATIONAL DEVELOPMENT ASSOCIATION


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