Niger - Public Enterprise Sector Adjustment Program Project

Document of The World Bank FOR OFFICIAL USE ONLY Report No. P-4522-NIR REPORT AND RECOMMENDATION OF THE PRESIDENT OF THE INTERNATIONAL DEVELOPMENT ASSOCIATION TO THE EXECUTIVE DIRECTORS ON A PROPOSED DEVELOPMENT CREDIT OF SDR 46 MILLION AND A PROPOSED AFRICAN FACILITY CREDIT OF SDR 15.4 MILLION TO THE REPUBLIC OF NIGER FOR A PUBLIC ENTERPRISE SECTOR ADJUSTMENT PROGRAM June 3, 1987 This document hms a restricted jistribution and may be used by recipients only in the performance of their official duties. Its rontents may net otherwise be disclosed without Worid Bank authorla"tion.  CURRENCY EQUIVALENTS Currency Unit - CFA Franc (CFAF) lJ US$1.00 CFAF 314 CFAF 1 million = US$3,185 WEIGHTS AND MEASURES 1 meter (m) 3.28 feet (ft) 1 square meter (m2) = 10.76 square feet (sq ft) 1 kilometer (km) - 0.62 mile (mi) 1 square kilometer (km2) = 0.38 square mile (sq mi) 1 hectare (ha) = 2.47 acres 1 metric ton (mton) = 2.205 pounds (lb) i hectoliter (hl) 26.4 gallons (gal) FISCAL YEAR October 1 - September 30 1i The CFA Franc is tied to the French Franc (FF) in the ratio of FF 1 to CFAF 50. The French Franc is currently floating.  FOR OffICIL USE ONLY ABBREVIATIONS AND ACROUN