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Document of The World Bank FILE COPY FOR OFFICIAL USE ONLY Report No. P-3027-NI REPORT AND RECOMMENDATION OF THE PRESIDENT OF THE INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT TO THE EXECUTIVE DIRECTORS ON A PROPOSED LOAN TO THE REPUBLIC OF NICARAGUA FOR A BASIC EDUCATION PROJECT (EDUCATION III) April 14, 1981 This document has a restricted distribution and may be used by recipients only in the performance of their official duties. Its contents may not otherwise be disclosed without World Bank authorization. CURRENCY EQUIVALENTS Currency Unit = Cordoba (