Instrument oF Withdrawal from the Supplemental Agreement between the Kingdom of
the Netherlands, as represented by the Minister for Foreign Trade and Development
Cooperation and the International Bank for Reconstruction and Development and the
International Development Association regarding the Multi-Donor Trust Fund for
Low Income Countries For the Financial Sector Reform and Strengthening Initiative
(Trust Fund No. TF072694, parallel to original Trust Fund No. TFO70711)
1.    Reference is made to the Supplemental Agreement between the Kingdom of the
Netherlands, as represented by the Minister for Foreign Trade and Development
Cooperation (the "Donor") and the International Bank for Reconstruction and
Development and the International Development Association (collectively, the "Bank" and
together with the Donor, the "Parties" and each a "Party"), regarding the Multi-Donor Trust
Fund for Low Income Countries for the Financial Sector Reform and Strengthening
Initiative (Trust Fund No. 072694) (the "Parallel Trust Fund") effective as of November
08, 2016, (the "Supplemental Agreement").
2.    Reference is also made to the Restated and Amended Administration Agreement
between the Kingdom of the Netherlands, as represented by the Minister for Foreign Trade
and Development Cooperation (the "Donor") and the International Bank for
Reconstruction and Development and the International Development Association
(collectively, the "Bank" and together with the Donor, the "Parties" and each a "Party")
regarding the Multi-Donor Trust Fund for Low Income Countries for the Financial Sector
Reform and Strengthening Initiative (Trust Fund No. 070711) (the "Original Trust Fund"),
effective as of October 30, 2014, as amended (the "Administration Agreement").
2.    We also refer to the Donor's conuiunication by email dated 28th June, 2018,
informing the Bank of its desire to withdraw from the Parallel Trust Fund. Accordingly,
the Donor and the Bank agree to the following:
(a)   In accordance with paragraph 7.2 of Annex 2 of the Restated and Amended
Administration Agreement, as applicable to the Supplemental Agreement, the Donor's pro
rata share of any uncommitted balance of the Parallel Trust Fund is cancelled effective as
of the last day of the month in which this Instrument is countersigned by the Donor
("Cancellation Date"). For clarity, the Donor's pro rata share is a proportion of the Donor's
cumulative paid in contributions compared to the total paid in contributions from all donors
to the Parallel Trust Fund (in the holding currency of the Parallel Trust Fund) as of the
Cancellation Date.
(b)   Notwithstanding paragraph 7.2 of Annex 2 to the Restated and Amended
Administration Agreement, the amount of one million four hundred and seventy-six
thousand five hundred ninety three United States Dollars eighteen cents
(US$ 1,476,593.18) of the Donor's pro rata share will be returned to the Donor. The Donor
will instruct the Bank to transfer such amount to a bank account to be designated by the
Donor. In addition, the Donor hereby waives any rights to receive any additional funds
other than the amount specified herein.


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(c)   Except as provided in paragraph (b) above, as of the Cancellation Date the Donor
will have no further rights with respect to the Parallel Trust Fund including no rights to
participate in any applicable governance arrangements of the Parallel Trust Fund or to
receive further funds, and the Bank will have no further obligations to the Donor under the
Restate and Amended Administration Agreement, including no obligation to provide
financial or progress reports.
4.    The Bank will disclose this Instrument of Withdrawal (the "Instrument") and
related information on this Parallel Trust Fund in accordance with the World Bank Policy
on Access to Information. The Donor hereby consents to the disclosure of this Instrument
and related information on this Parallel Trust Fund.
5.    The Bank and the Donor are each requested to sign and date this Instrument, and
upon possession by the Bank of this fully signed Instrument, this Instrument will come into
effect as of the date of the last signature.
INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT
INTERNATIONAL DEVELOPMENT ASSOCIATION
By:             L
Alfonso Garcia Mora
Global Director Finance competitiveness and Innovation
Date:          29-May-2019
KINGDOM OF THE NETHERLANDS, as represented by
THE MINISTER FOR FOREIGN TRADE AND DEVELOPMENT
COOPERATION
By:
Date:   0_U_t-_P______0