OFFICIAL                      o/P/
DOCUMENTS1
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
MCtCk C4          ,2013
Mr. Mark Bowman
Director General
Humanitarian, Security and Conflict
Department for International Development
22 Whitehall
London SWIA 2EG
United Kingdom
Amendment to the Contribution Agreement between the Department
for International Development of the United Kingdom of Great Britain
and Northern Ireland and the International Development Association
concerning the Debt Relief Trust Fund (TF No.020154)
Dear Mr. Bowman:
1. We refer to the Contribution Agreement between the Department for International
Development of the United Kingdom of Great Britain and Northern Ireland (the
"Donor") and the International Development Association ("IDA") concerning the
Debt Relief Trust Fund (the "Trust Fund", formerly the HIPC Trust Fund), dated
February 10, 1998, as amended (the "Agreement"). Unless otherwise defined herein,
capitalized terms used but not defined in this letter have the meanings given to them
in the Agreement.
2. Paragraph 3(d) of the Trust Fund Resolution, which is incorporated into and forms
part of the Agreement authorizes IDA, as Administrator of the Trust Fund, to invest
funds held in the Trust Fund pending disbursement, and provides that "all the income
from such investment shall be credited to, and used exclusively for the purposes of,
the Trust Fund, except that if a donor so requires, the income from the investment of
the funds provided by that donor shall be paid to the donor."
3. IDA, as Administrator of the Trust Fund, and the Donor hereby agree that the amount
of Six Hundred Thousand United States Dollars (USD 600,000), representing a
portion of the Donor's share of the unallocated investment income in the Trust Fund,
shall be transferred by IDA, as Administrator, from the Trust Fund into the Debt
Service Trust Fuin'd for the Palestinian Authority (TF No. 072025) (the "Debt Service
Trust Fund"), to be administered by IDA, in order to provide debt relief to the
Palestinian Authority on credits financed by the Trust Fund for Gaza and West Bank
("TFGWB", established by Resolution No. 93-11 and IDA No. 93-7 as amended) and
administered by IDA. The Donor understands that other donors are also expected to
contribute to the Debt Service Trust Fund.


4. From the date of effectiveness of this Amendment until February 29 2016, IDA, as
Administrator of the Debt Service Trust Fund, shall use funds transferred to the Debt
Service Trust Fund and any investment income earned on such contributions to repay
any amounts due on any TFGWB credits outstanding as of the date of this
Amendment in such manner as IDA may, in its discretion, determine.
5. Such transfer shall be made promptly following countersignature of this Amendment.
6. IDA will disclose this Amendment and related information on this Trust Fund in
accordance with the World Bank Policy on Access to Information. By entering into
this Amendment, the Donor consents to disclosure of this Amendment and related
information on this Trust Fund.
7. Please confirm your agreement with the foregoing, on behalf of the Donor, by
signing, dating, and returning to us the enclosed copy of this Amendment. Upon
receipt by IDA of the copy of this Amendment countersigned by you, this
Amendment will become effective as of the date of the countersignature.
Sincerely,
INTERNATIONAL DEVELOPMENT ASSOCIATION,
AS ADMINISTRATOR OF THE DEBT RELIEF TRUST FUND
Joachim von Amsberg
Vice President
Concessional Finance and Global Partnerships
AGREED:
DEPARTMENT FOR INTERNATIONAL DEVELOPMENT
OF THE UNITED KINGDOM OF GREAT BRITAIN AND
NORTHERN IRELAND
L_ _  __                            Date:    _       _     _
Mark Bowman
Director General
Humanitarian, Security and Conflict