Madagascar - Food Security and Nutrition Project

Docment of The World Bank FOR OMCIAL USE ONLY RqNt No' P-5913-M&G MEMORANDUM AND RECOMMENDATION OF THE PRESIDENT OF THM INTERNATIONAL DEVELOPMENT ASSOCIATION TO THE EXECUTIVE DIRECTORS ON A PtOPOSED CREDIT OF SDR 15.5 MILLION OF THE DEMOCRATIC REPUBLIC OF MADAGASCAR FOR A FOOD SECURITY AND NUTRITION PROJECT FEBRUARY 18, 1993 .-4;. :;- f', P -, '.2 !TYAl' er . AP:>YH-I 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 Unit Maigasy Fran WFGQ U.S. $ FMG 1,800 (1993) Metric System GRA tLY AOF FID Soeial Fund (FouLs dilwim4on pour I* Diveloppeznewn IEC 1iformion, Education and Communeatlon (Infomsadon, Educaon et Co _mualao) IDD/ TDCI Iodin Deficiency Diordera Toubks Ds aux Cmeces en lode NGO Non Governmental Orgnation (Orga'skoon Non Gouvernmentae) PCN Community Nutritn Program (rogrwsme Commanaww de Nub*on) UNICEF Unite Nations Inltationl Childrens Emery Fund WFPI/PA World Food Program (Progrmw Aawear Monda  FOR OMCIAL UsE ONLY MADAGASCAR FOOD SECURlTY AND NUTRMIION PROJECT CREDff ANDPRl ErA SUM Borrower: Democratic Republic of Madagascar Beneficiaries: Social Fund (Fonds d'Intervewon pour le Dhveloppeenm) and Community Nutrition Centers. Amount: SDR 15.5 million (US$21.3 million) Terms: Standard IDA terms with a final maturity of 40 years and a ten year grace period. Relending Terms: Not applicable. Government passes on the proceeds of the credit to the beneficiaries on a grant basis. Financin_ Plan: Figures in US $ Millions Source of Local Foreign Total IDA 14.4 6.9 21.3 World Food Program 2.6 4.8 7.3 Japan 0.1 0.4 0.5 UNICEF - 0.4 0.4 Beneficiaries 1.2 - 1.2 Government 1.7 - 1.7 TOTAL 20.0 12.4 32.4 Rate of Return: Not Applicable Staff Appraisal Report: Report Number 11301-MAG Map: IBRD No. 20035R This document has a restricted distrnbuion and may be used by recipients only in the performance of their official duties. Its contents may r.ot otherwise be disclosed without World Bank authorization.  MEMORANDUM AND RECOMMENDA1 ION OF THE PRESIDENT OF THE INTERNATIONAL DEVELOPMENT ASSOCIATION TO THE EXECUTIVE DIRECTORS ON A PROPOSED CREDIT TO THE DEMOCRATIC REPUBLIC OF MADAGASCAR FlOR A FOOD SECURITY AND NUTRMON PROJECT 1. I submit for your approval the following memorandum and recommendation on a proposed development credit to the Democratic Republic of Madagascar for SDR 15.5 million, or the equivalent of US$21.3 million, on standard IDA terms with a maturity of 40 years and a ten year grace period to help finance a Food Security and Nutrition Project. The project will also be financed by the World Food Program (WFP), Japan and UNICEF. 2. CQuntry Background. With a population of 11.6 million, growing at 3% per year, and a per capita income of US$220, distributed unequally, Madagascar is among the least developed countries in the world. The agriculture-dominated economy, which had grown modestly in the late 1980's following a decade of decline, is now stagnant and severely disrupted by political developments since mid-1991. This has significantly increased poverty which was already widespread before the crisis. Public administration is ineffective 2nd its capacity 'extremely limited. Much of the development effort is carried out by NGOs, the private sector and some foreign assisted projects. Despite the country's significant development potential, its social wonditions are beiow sub-Saharan African standards: chronic malnutrition rates are about 40%; child mortality claims 20% of live births; %idemic malaria has become a major health problem; tuberculosis and other communicable diseases are growing in importance; and education standards are low with enrolment rates falling though from a relatively high level. 3. Sectr Bagrud. Productive assets are distibuted unequally and access to economic opportunities is inequitable in both urban and rural areas. Even though food production overall appears to exceed estimated needs by 20% or more, almost 40% of the population is food insecure because its production and/or purchasing power is insufficient. Furthermore, markets are inefficient and segmented leading to pronounced seasonal malnutrition even in areas producing substantial food surpluses. Food insecurity is linked to poverty and unequal access to economic opportmnities. Food insecurity is much more intense in urban areas, pardy because many of the rural poor who do not have access to land or other productive assets move to urban centers (particularly the Greater Antananarivo area). Food security was found to vary regionally with the highest levels being in the provinces of Toliary (54% of households) and Antananarivo (46% of households). The situation has worsened over the past two years largely due to the economic stagnation brought about by the poLtical crisis and the continuing impact of economic distortions created over a longer period. Chronic food insecurity combined with poor health conditions has led to very high rates of malnutrition in Madagasca. Chronic malmntrition afected between 33% and 37% of children under five rising as high as 60% in some areas while acute malnuition affects between 6% and 7% of children rising as high as 13% in some surveys. Seasonal malnutrition is high even in the agriculture surplus region around Lak-e Alaotra. 4. Project C)bjecdv: IThe project objective is to reduce food insecurity and malnutrition in the two most food-insecure provinces through income generatinj projects and targeted nutrition programs implemented by NGOs and local communities. The proposed operation will encourage popular participation through community involvement in its execution and through surveys to get feedback from the poor and food-insecure who are Its ultimate beneficiaries. The project has been designed to address those aspects of food insecurity hat will not be tackled by adjustment operations or investment operations in agriculture, infstructure and the social sectors. It has also been designed  - 2 - to integrate NGOs more firmly in the execution and delivery of social and economic services. Progress in achieving project objectives will be assessed against monitoring indicators that have been developed and agreed upon with the government and FID. These indicators include: (a) number of contracts with small enterprises for labor intensive infrastructure projects financed by FID; (b) number of contracts with NGOs for sustainable income generating projects financed by FID; (c) person-days of temporary employment created by the Food-for-Work program; (d) number of children, by province, served by community nutrition centers; and (e) number of children and mothers of child-bearing age receiving iodine capsules. 5. Pro,ifflct Description: The project, which will be active primarily in two of Madagascar's six provinces, has three components: (a) Income Generating Activities to be carried out through (i) FID financing of labor intensive works and other income generation activities and (ii) a Food- for-Work program targeted to the urban poor in Greater Antananarivo; (b) Nutrition Interventions including (i) a Community Nutrition Program in the provinces of Toliary and Antananarivo and (ii) a national campaign to eradicate Iodine Deficiency Disorders (IDD); and (c) mtji1ugi1 Srengthening. The project will cost US$32.4 million of which US$21.3 million (equivalent to SDR 15.5 million) will be financed by IDA. Project costs and financing plan, procurement methods, disbursement, and processing events are presented in Schedules A, B and C respectively. (a) Income Generating Activities: The income generating activities will be divided into two major sub-components: FID and Urban Food-for-Work. FID will finance, on a grant basis, proposals for income generating activities coming from NGOs and local communities. FID will be a private non-profit association operating under a Board of Directors elected by its members. It will receive project funds under a framework agreement with the government. FD) wil specifically target the most vulnerable segments of society and will initially fund projects in the provinces of Annarivo and Toliary. The projects will be selected according to specific criteria included in an operations manual. Its administrative and financial management structures will be based on the private sector and not the government. FID will fund:(i) selected small-scale development activities, such as labor intensive works, best suited to local needs; (ii) other income-generation activities; and (iii) development of grass-roots community groups and local NGOs. Urban Food-for-Work. This program will address the acute food insecurity in Greater Antananarivo by providing short-term food transfers to the poorest population groups in particular women who will be responsible for maintinig, rehabilitating and constructing community infrastructure in their own neighborhoods. The program will be an expansion of WFP existing urban project and will intervene in the capital area's poorest neighborhoods. (b) n I o These are divided into two major sub-components: gmmunity Nutrition Pro Programme Cownautau-t de Nurtion (PCN) and the Iodine Dfincy Disorders (IaDD Control Program. Ihe PCN is designed to help households make more efficient use of the resources available to them to prevent chronic malnutrition among their children. Feeding supplementtion will be a secondary objective of the program and cases of acute malnutrition will be referred to mntrition rehabilitation centers. These programs will be run by the community with support from an NGO contracted by the project. PCN will work through mothers groups 'rganized by a community nutrition agent to (J) provide nutrtion education, (ii) provide growth, *nitoring services for children aged 0-3 years, (iii) arrange supplemental feeding for moderately malnourished children, and (iv) refer severe cases of malnutriton to nutrition rehabilitation centers operating under medical supervision. The IDD Control Program will be a nationwide program working in the short run dtrough distributing iodized capsules through the health system to children aged 0-4 years and  -3 - to women of child-bearing age. The long run strategy will support sat iodization by providing incentives to producers and distributors while carrying out an Information, Education and Communication ([EC) campaign to promote use of iodized salt. (c) lnstitutional Deement Prog=: The project will support: (i) the development and execution of an IEC program which will be underpinned by beneficiary assessment surveys; and (ii) the development of a National Food Security Strategy for the long term. 6. Project ImpLemon. The central administration will not be involved in project execution. Field actities will be mostly executed by NGOs, community groups and the prnvate sector. The project's National Coordintor has been L3minated by the Prime Minister and will be supported by a project office. To emphasize the decentralized nature of the project two Regional Coordinators have been appointed. The Regional Coordinators will contract execution of the nutrition component with NGOs and community groups according to guidelines in a community nutrition manual. The urban Food-for-Work component will be executed, in collaboration with urban authorities, by the Bureau de Projet SECALINE (BPS) with technical and logistical support from a technical assistance team recruited by the National Coordinator. The FID was established according to articles o. agreement signed lanuary 13, 1993 and recognized by a government decree dated January 27, 1993 as a public service association enabling it to receive grants. FID will operate according to an established mamnal of procedures setting out project selection criteria, project execution guidelines and internal admistate and fancial management guidelines. IEC programs will be carried out to communicate project objectives to the population and beneficiary assessment surveys will provide feedback from the target population. Ihe I)D contol program will be executed by UNICEF working closely with the national authorities and the private sector. UNICEF will finance part of the program and has helped to prepare it. Ihe following steps have been taken to facilitate project implementation: (a) a detailed implementation manual has been developed for FID which includes (i) project selection procedurs, (ii) project execution guidelines, (dii) sample executing agency agreements, (iv) sample biding docments and (v) detailed intna administrative procedures; (b) a detailed manual including sample contracts with communities and NGOs has been prepared for the PCN component; (c) a workshop on procurement with government and FID represenatives was held immediately following negodations; and (d) a project launch workshop has been planned. 7. Project SustainabilitY. The project will help develop NGO and private sector capacity to deliver social senices and strenghen institional capacity of local communities and grass-roots groups to carry out development projects. The Community Nutrition program will provide nutrition education directed at Improving the efficiency with which households use available resources. The FID will help the vulnerable households secure access to training and equipment to develop sustaiable income generation activities. Ihe FID will also fund labor intensive works such as water supply if the communites agree to provide for maintenance. Overall, the project is designed to help the poor acquire productive assets and skills so that they may benefit from economic growth. Parts of the project involve transfers to the poorest segments of the population and are not sustainable. These transfers are necessary in view of Madagascar's acute and increasing poverty. 8. Lesons From Previous IDA . Execution of projects in Madagascar has been hampered by bureaucratic delays and procurement problems because of cumbersome procedures and weak managerial capacity in the public sector. The proposed operation will address these problems by buiding private sector and NGO capacity to deliver socW services through: (a) involving communities and beneficiaries in project design and execution; (b) working outside traditional  -4 - government structures; (c) preparing clearly oudined decision making structures and lines of authority in multi-component projects; (d) developing a good monitoring, ffnancial management and accounting system; and (e) seting up F1D as a private non-profit association operating under private sector rules. Separate special accounts will be set up for the project unit and for I1D. Key project staff have been trained in procurement, accounting and financial reporting procedures and Bank approved standard documents will be used. The audit and financial management system is being prepared by an international audit firm. A project launch workshop and a mid-term review are planned. The project has also benefited from Bank experience in social funds all over the world and the following has been incorporated into the design of FID: (a) complete operational independence; (b) frequent audits; (c) a detailed operations manual clearly defining procedures; and (d) minimal counterpart funding in cash or kind from beneficiaries. 9. BiaQfl II)A Invlvement. The country assistance strategy was discussed with the EDs on June 9, 1992 during presentation of the Vocational Education and Training Project and is given in Memorandum of the President No. P-5488-MAG vf May 18, 1992. This project fits well in this strategy. Alleviatig poverty is a priority of the Bank's assistance program. Sustained growth is a necessary condition for providing a durable and effective response to this problem, and IDA operations in agriculture and infrastructure are addressing two important elements of this response: growth of agricultural output and improved inastructure to integrae markets. However, sustained growth will not in itself be sufficient to alleviate poverty. Some of the poorest households cannot be adequately reached through agricultral growth; many more need also to receive more targeted protection, whether in the form of increased access to economic opportunities or through transfers. The Bank str is to rely increasingly on NGOs and private organizations with a proven record for efficient delivery of programs reaching the most vulnerable groups. The proposed Food Security and Nutrition Project is a key component of this assistance strategy; it will address the problems of food insecurity and malnutrition affecting the poorest groups in the country, and will do so by intgratig NGOs and local communities more firmly into the process of executing and delivering services. By alleviaig the worst forms of poverty, it will also help the country recommence its adjustment efforts and complement on-going social sector projects in Education (FY90), Health (FY91) and Vocational Training (FY92). 10. Actions Agee LED=. The government has received a policy letter on food security and a decree recognizing F) as a public service association which allows E11D to receive grants from the govrnment. Ihe conditions for effectiveness are: (a) the execution of the implementation agreement between the government and P11D; (b) the adoption of a Manual of Procedures acceptable to IDA by FID; (c) the establment of accoundng and finaial management systems acceptable to IDA for the project and for PED; (d) the appointment of auditors for the first three years of the project; (e) the appointment of key staff for P11D including the Executive Director and Regional Directors; (t) the appointment of a monitoring and evaluation specialist in the project office; and (g) the deposit of init contributions of $75,000 in each of the two project accounts. During negotiations assurances were reached on the following: (a) key staff for PID and the project office would always be acceptable to IDA; (b) joint annual reviews of project implementation would be carried out by September 30 each year and that a detailed joint mid-term review would be carried out no later than June 30, 1996; and (c) on auditing requirements for PID and the other parts of the project. During negotitions, the draft framework agreement between the government and PID and the draft manual of procedures were discussed and found acceptable.  -5- 11. Envir=meaW Av . 7The proposed operation has been classified as environmental category TC" and will be mostly environem neutral. However, the PID may finance abor intensive works in the areas of forestry and soil conservation which could have positive environmental consequences. 12. Proje 29eimves Cate,is Osl. the project supports tree PoCs: ood seurify, poverty alleviation and capacity building (NGOs and community groups). The project monitoring indicators that were developed and agreed upon with the govemment cover these categories. 13. Benefits. The proposed project will eviate poverty and reduce malnutrition. By providing the poor with training and productive assets, it will not only help them escape Lfom poverty but also contribute to national output. Projects financed by the FID such as wate-supply, erosion control and rehabilitation of public facilities wil also have development benefits over and beyond immediate job- creation. The project will help improve the capacity of NOos and communiy groups. It also encourages popular participation by use of beneficiary assessment surveys. A set of project outcome indicators is presented in table 3.1 of the staff appraisal report. 14. Rksh. The main risk is implementtion delay that could result from inadequate mairgement. This will be minimized by setting up a pro,ect management structure outside the adminitation and following private sector rules. Several pre-conditions for the project emphasize steps to be taken with respect to project management. There is swcondary risk of taking a top-down approach which does not involve the beneficiaries. This will be minimized by beneficiary assessment surveys and relying on grass-roots NGOs and community groups to execute progrs. There is an additional risk from the political transition process though this risk is reduced by the fact that this type of poverty alleviation program enjoys broW support across the political spectrum 15. Recommendstio. I am satisfied that the proposed credit will comply with the Articles of Agreement of the Association and recommend that the Executive Directors approve it. Lewis T. Preston President Attachments Washington, D.C. March 1, 1993  ScheduileA Page 1 of 1 PROJ$r COMT ANDFINANG MAJN Summay Project Costs Estimates in US $ Millions Component/ Category j Local Foreign Total A. Income Generation Activities 1. FID Projects 8.0 2.8 10.8 2. Food-for-Work 3.7 3.5 7.3 B. Nutrition 1. Community Nutrition Toliary 2.2 1.3 3.6 2. Community Nutrition Antananarivo 1.1 0.8 1.9 3. Iodine Deficiency 0.1 0.6 0.7 C. Institutional Development 1. IEC and Fooi Security Strategy 0.6 0.4 1.1 2. Project Management 0.6 0.5 1.1 D. PPF and Japan Grant 0.5 1.5 2.0 Total BASELINE COSTS 16.9 11.5 28.5 Physical Contingencies 0.8 0.4 1.2 Price Contgencies 2.2 0.5 2.7 Total PROJECT COd 20.0 12.4 32.4 Figures may not add-up due to rounding Financing Plan: Source Local Foreign Total IDA 14.4 6.9 21.3 World Food Pogram 2.6 4.7 7.3 Japan 0.1 0.4 0.5 UNICEF - 0.4 0.4 Beneficiaries 1.2 - 1.2 Government 1.7 - 1.7 TOTAL 20.0 12.4 32.4  Schedule B Page 1 of 2 PROCLMENNT HODHS AND DigISUSEhMEN AMOUNTS AM ME EOD OE P-ROCUREMENT (US$ mHlion equivalent) a. .iof _ : Tddi LC.I LC.IL oebw N.. Cost I I.W~~~~I 1. Waft 1.1 FMD1fius1uau wP 3.7 1.1 4.8 (3.2) (0.9) (4.1) 1.2 NuuidonCenmt 2.6 2.6 RebabIDgs (1.8) (1.8) 2. Goods 2.1 Equ*wWwbides 2.2 1.0 0.9 4.1 Md _bNdab (1-1) (1.0 (0.9) (3-0) 2.2 FID E iumu 0.6 1.0 1.6 (0.5) (0.8) (1.3) 3. Seie. Cosbri 3.1 Food T _aQpoiUdo 0.9 0.9 (0.5) (0.5) 4. Sewv'1 4.1 Tcchkal Aulsbtan 4.8 4.S (4.8) (4.8) 4.2 Tmic1ngd iuil. 1.0 1.0 (1.0) (1.8) 4.3 FID T_ning 1.6 1.6 (1.4) (1.4) S. ?AMGbc_oqw 5.1lncornwOpungCoft 2.9 2.9 (1.9) (1.9) 5.2Foed 6.1 6.1 5.3 PPFM Anc.ad hnp t Omn 2.0 2.0 (1.5) (1.5) TOTAL Bu, financed _2.2 8.8 15.3 6.1 32.4 (1.1) (7.0) (13.2) (21.3) Figures in parentheses indicate amounts fianced by IDA  Schedule B Page 2 of 2 MA9fASCR FOOD SE3CURrlrY AND NUTRMWON PROJEC DLSBURSEMENTS (US$ million equivalent) I . ...... I ~~~~~~uss I 1. Equiprnmt Vehicles, urnitm and other mials 2.5 100% 2. TA, Trand stdie 3.2 100% 3. Fl)) A. PID procs 7.5 85% of otal cost S. TA, Taining sudie 1.5 100% of tot Coa C. Equipm Vehils, furniu and oh mateials 0.5 100% of towal coms D. Operting costs 0.7 100% of tota cost 4. h sct e rihb. 1.5 70% of tot oots 5. Tns_portion, Shfippng & Handling 0.5 100% of oal costs 6. Incmnta operting ependitue 0.8 70% of total costs 7. PPP Advanoo 1.5 S. Unalocaed. 1.1 TCYrAL 21.3 ESTEDA IDA DMSURSEMENT (US$ nillion equivalent) Year FY94 FY95 FY96 FY97 Y98 Annual I 3.4 S.6 4.6 S.0 2.7 Cutin 3.4 9.0 13.6 13.6 21.3  -9- Schedule C: Page 1 of 1 TIMETABLE OF KEY PROCESSING EVENTS First IDA Mission June/July, 1990 Preparation by Government July, 1990 to November, 1992 Appraisal Mission Departure November 7, 1992 Negotiations January 25-29, 1993 Planned Date of Effectiveness June 30, 1993 This report is based on the findings of a Warld Bank appraisal mission composed of Messrs./Mss. Qaiser Khan (Mission Leader and Human Resource Economist), Paul Geli (ConsultantIplementation Specialist and Deputy Task Manager), Michele Lioy ([EC Specialist), Tonia Marek (Nutritionist), Eileen Murray (Financial Analyst) and Alf Persson (Consultant/S Speciaist). Ms. Hilda Emeruwa provided secretarial support.  - 10. Schedule D Page 1 of 4 STATUS OF BANK GROUP OPERATIONS IN MADAGASCAR A.STATEMENT OF BANK LOANS AND IDA CRED1TS PAGE 1 Run Time: 02/08/93 at 11.40.34 MADAGASCAR Status Of Bank Group Operations In MADAGASCAR PFDBR25 - Suwnary Statement Of Loans and IDA Credits (LOA data as of 12/30/92 - MIS data as of 02/06/93) By CountrY Country: MADAGASCAR Amount in USS miltion (tess cancellations) ,_......................._ Loan or Fiscal LUndis- Closing Credit No. Year Borrower Purpose 6ank IDA bursed Date ----- ---- ..... ..... .. .. .... ... . . ..... .... . Credits 44 Credits(s) ctosed 617.15 C14970-MAG 1984 MADAGASCAR URBAN I 12.80 3.05 06/30/93(R) C15890-MAG 1985 MADAGASCAR IRRIGATICO REHAB. 10.57 5.00 06/30/93(R) C16610-MAG 1986 MADAGASCAR ACCT./MGMT. TRAINING 10.30 9.03 12/31/93(R) C16940-MAG 1986 MADAGASCAR RAILWAYS III 12.00 .27 12/31/92(R) C17090-MAG 1986 MADAGASCAR AG.INST.TAS II 10.00 1.55 12/31/92(R) C17520-MAG 1987 MADAGASCAR PORT REHABILITATION 16.00 7.45 03/31/93 C17870-MAG 1987 MADAGASCAR ENERGY I 25.00 13.08 12/31/94(R) C18040-MAG 1987 MADAGASCAR AGRI.CR.II(BTM) 10.00 1.08 06/30/94 C18780-MAG 1988 MUDAGASCAR FOREST MGT 7.00 3.65 01/31/96 C19050-MAG 1988 MADAGASCAR HIC%`WAYS VIl 40.00 27.70 06/30/93 C19280-MAG - 1988 MADAGASCAR ILMINETE ENG 8.55 5.64 06/30/93(R) C19410-MAG(S) 1988 MADAGASCAR PUBLIC SEC.ADJ 125.00 46.42 09/30/93(R) C19670-MAG 1989 MADAGASCAR MACRO ENSAP/TA 22.00 17.18 06/30/94 C20420-HAG 1989 MADAGASCAR AGRIC RESEARCN 24.00 23.32 12/31/96 C20940-MAG 1990 MADAGASCAR EDUC SECT REINF 39.00 34.92 06/30/96 C21040-MAG 1990 MADAGASCAR FIN SECTOR/APEX 48.00 44.94 06/30/97 C21170-MAG 1990 MADAGASCAR TANA PLAIN DEV 30.50 29.55 06/30/97 C21250-MA6 1990 MADAGASCAR ENVIRONMENT 26.00 23.87 06/30/96 C21500-MAG 1990 MADAGASCAR PILOT EXTENSION 3.68 2.22 06/30/94 C22430-MAG 1991 MADAGASCAR LIVESTOCK 19.80 17.01 06/30/99 C22510-KAG 1991 MADAGASCAR NAT HEALTH SECTOR 31.00 30.39 06/30/97 C19414-MAG(S) 1992 MADAGASCAR PUBLIC SEC.ADJ 1.30 1.37 01/13/93 C23820-MAG 1992 MADAGASCAR VOC. EDUCATION 22.80 22.96 06/30/98 C19415-MAG(S) 1993 MADAGASCAR PUBLIC SEC.ADJ 1.37 1.36 12/31/93 TOTAL number Credits a 24 556.67 373.02 Loans 5 Loans(s) closed 32.57 All closed for MADAGASCAR TOTAL umaber Loans - 0  Page 2 of 4 PAGE 2 Run Time: 02/08/93 at 11.40.34 MADAGASCAR Status Of Bank Group Operatioms In MDAGASCAR PPDRZ5 - suenary Statement Of Loars and IDA Credits (LOA data as of 12/30/92 - MIS data as of 02/06/93) . ................................................... By Cou