cl Y   7-   6


                                                              XOCLl ANTS'


                    CO-OPERATIVE REPUBLIC OF GUYANA



                                                                         October 10, 2014



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

                      Re: IDA Credit No. 5473-GY
                      (Second try Education Improvement Project)
                      Section 5.01 of the General Conditions
                      Financial and Economic Data


Dear Sirs and Mesdames:

In connection with the Financiiig Agreement (Financing Agreement) of this date between
the Co-Operative Republic of 'uyana (Member Country) and International Development
Association (Association) pr )viding financing (Financing) for the above-captioned
Project, and the General Conditions (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 a ;ree that, for purposes of Section 5.01 of the General
Conditions, the Member Couatry is required by the Association to report "long-term
external debt" (as defined in t ie World Bank's Debtor Reporting System Manual, dated
January 2000 (DRSM)), in accordance with the DRSM, and in particular, to notify the
Association of new "loan com nitments" (as defined in the DRSM) not later than 30 days
after the end of the quarter 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 following the year covered by the report.

2.       We represent that except as otherwise notified to the Association, no defaults
exist in respect of any exterm I 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 a greement to the foregoing by having a duly authorized
representative of the Association sign in the space provided below.

                                   Very truly yours,

                  CO-OPERATI              PUBLIC OF GUYANA


                         By
                                   orized Representative




AGREED:

INTERNATIONAL DEVEL PMENT ASSOCIATION


By_
      Authorized Represental ive