Conformed Copy - C2957 - Urban Infrastructure Rehabilitation Project - Development Credit Agreement

Page 1 CONFORMED COPY CREDIT NUMBER 2957-NIR Development Credit Agreement (Urban Infrastructure Rehabilitation Project) between REPUBLIC OF NIGER and INTERNATIONAL DEVELOPMENT ASSOCIATION Dated June 20, 1997 CREDIT NUMBER 2957-NIR DEVELOPMENT CREDIT AGREEMENT AGREEMENT, dated June 20, 1997, between REPUBLIC OF NIGER (the Borrower) and the INTERNATIONAL DEVELOPMENT ASSOCIATION (the Association). WHEREAS (A) the Borrower, having satisfied itself as to the feasibility and priority of the Project described in Schedule 2 to this Agreement, has requested the Association to assist in the financing of the Project; (B) the Association has received a letter dated May 5, 1997, from the Borrower describing a program of actions, objectives and policies designed to strengthen the decentralization process and promote urban development in the territory of the Borrower (the Program), and declaring the Borrower's commitment to the execution of the Program; (C) Part A of the Project will be carried out by Agence Nig