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Page 1 REPUBLIC OF GHANA October 23, 2001 International Development Association 1818 H Street, N.W. Washington, D.C. 20433 United States of America Re: Credit No. 3554-GH (Road Sector Development Project) Performance Indicators Dear Sirs and Mmes: I refer to the Development Credit Agreement (Road Sector Development Project) of even date herewith between the Republic of Ghana (the Borrower) and International Development Association (the Association) for the above-captioned Project. The Borrower shall implement the Project in accordance with the Program Implementation Manual dated March 2001 (the “PIM