This Agreement embodies the basic conditions under which the UN Capital Development Fund (UNCDF) shall assist the Government in carrying out its development projects, and under which such UNCDF-assisted projects shall be executed. It shall apply to all such UNCDF assistance and to such Project Documents or other instruments (hereinafter called “Project Documents”) as the Parties may conclude to define the participants of such assistance and the respective responsibilities of the Parties and the Executing Agency concerned hereinafter in more detail in regard to such projects.
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Assistance shall be provided by the UN Capital Development Fund (UNCDF) under this Agreement only in response to requests submitted by the Government and approved by UNCDF. Such assistance shall be made available to the Government, or to such entity as the Government may designate, and shall be furnished and received in accordance with the relevant and applicable resolutions and decisions of the competent governing bodies of UNCDF, and subject to the availability of the necessary funds to UNCDF.