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(1)

DATED:

A.I.D. LOAN NO. 497-T-064 A.I.D. PROJECT NO. 497-0302

AMENDMENT NO. 5

PROJECT LOAN AGREEMENT

BETWEEN THE

REPUBLIC OF INDONESIA

AND THE

UNITED STATES OF AMERICA

FOR

APPLIED AGRICULTURAL RESEARCH

(2)

Dated: September 17, 1988

This AMENDMENT NO. 5, is entered into between the REPUBLIC OF INDONESIA ("Borrower") and the UNITED STATES OF AMERICA, acting through the AGENCY FOR INTERNATIONAL DEVELOPMENT ("A. I.D. ").

WHEREAS, the Borrower and A.I.D. entered into Loan Agreement No. 497-T-064, dated September 29, 1980, for the Applied Agricultural Research Project, whereby A.I.D.

agreed to lend to the Borrower up to Five Million United States ("U.S.") Dollars ($5,000,000) to assist in

financing the costs of the Project; and

WHEREAS, the Borrower and A.I.D. amended said Loan Agreement on December 22, 1980, on May 20, 1981, on August

24, 1982, and on August 30, 1985, thereby increasing the amount of the loan to $18,900,000; and

(3)

2

-NOW, THEREFORE, the Borrower and A.I.D. agree as follows:

1. The first paragraph of SECTION 3.1, Ihe_l.2!,!!, is amended to read as follows:

"SECTION 3.1. The Loan. To assist the Borrower to meet the costs of carrying out the Project, A.I.D., pursuant to the Foreign Assistance Act of 1961, as

amended, agrees to lend the Borrower under the terms of this Agreement not to exceed Eighteen Million Two Hundred Eighty Five Thousand United States("U.S.") Dollars

($18,285,000) ("Loan"). The aggregate amount of disbursements under the Loan is referred to as "Principal"."

2. The Revised Project Financial Plan in Annex I, Amplified Project Description, is hereby deleted in its entirety, substituting therefor the Project Financial Plan attached to this Amendment No. S.

(4)

- 3

-IN WITNESS WHEREOF, the REPUBLIC OF -INDONESIA and the UNITED STATES OF AMERICA, each acting through its duly

authorized representative, have caused this Amendment No. 5 to be signed in their names and delivered as of the date first written above.

REPUBLIC OF INDONESIA

Signed

Poedji-y()entar'S() _________ __ Director General

for Foreign Economic Relations Department of Foreign Affairs

UNITED STATES OF AMERICA

Signed

/---·---.---

David N. Merrill

Director

(5)

Applied Agricultural Research Project (497-0302) Financial Plan ($000)

C U R R E N T

.

'

R E V I S E D

.

'

.

' Total USAID Budset

.

'

USAID Budset

.

'

.

' LOP

Loan

.

' Grant

.

' Loan ! Grant

.

' GOI ! USAID and GOI

.

'

'

I

.

.

'

.

Technical Assistance

.

' 616 : 13,395

.

' 1 ! 13, 395

.

'

3,607

.

'

17,003

Collaborative Research

.

'

-

.

'

440

.

'

-

.

'

440

.

'

-

.

'

440

.

'

Construction I 4,263 !

-

I

4,263 !

-

I 9,290

' 13, 553

.

.

.

.

Farm Development I

-'

-

'

-

'

-

'

3,115 ' 3,115

.

.

.

.

.

.

Commodities

.

' 5,102 !

-

.

' 5,102 !

-

.

' 1,693

.

' 6,795

Vehicles

.

' 1,167 !

-

! 1,167 !

-

.

'

81

.

'

1,248

.

'

Training ' 4, 330 ! 265 ' 4,330 ! 265 I

141

'

4,736

.

.

.

.

Commodity Research

.

' 1,300 !

-

.

' 1,300 !

-

! 2,500

.

' 3,800

.

'

Special Studies

.

'

500 !

-

'

.

500 !

-

.

' 500

.

' 1,000

.

'

Administrative Support

'

-

'

-

I

-'

-

' 1,873 ' 1,873

.

.

.

.

.

.

Contingency/Inflation

.

' 1,622 !

-

.

'

1,622 !

-

'

.

- '

.

1,622

'

' '

'

'

'

.

.

.

.

.

.

' I

'

'

'

'

.

.

.

.

.

.

TOTALS ! 18,900 ! 14,100 ! 18,285 ! 14,100

.

'

22,800

.

' 55,185

I

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