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Page 1 June 10, 1999 Re: Credit No. 3218 MAG Development Credit Agreement (Article I, Section 1.01 (a)) (Second Structural Adjustmen Credit) List of Participating Countries Excellency: We refer to the Development Credit Agreement (the Agreement) of even date herewith between the Republic of Madagascar (the Borrower) and International Development Association (the Association). Pursuant to Resolution No. IDA 183 of the Board of Governors of the Association and, particularly, to the definition of “Participating Countries