Conformed Copy - L4671 - Second Basic Education Project - Loan Agreement

Page 1 CONFORMED COPY LOAN NUMBER 4671-TU Loan Agreement (Second Basic Education Project) between REPUBLIC OF TURKEY and INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT Dated July 26, 2002 Page 2 2 Page 3 LOAN NUMBER 4671-TU LOAN AGREEMENT AGREEMENT, dated July 26, 2002, between the REPUBLIC OF TURKEY (the Borrower) and the INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT (the Bank). WHEREAS (A) the Bank has received a letter dated May 26, 1998 from the Borrower describing a program of actions, objectives and policies designed to reform and develop its basic education system, achieve universal attendance in eight-year basic education, and significantly improve the quality of basic education through the following actions: expansion of universal eight-year access to basic education, improvement of the quality of educational instruction and materials, strengthening of the management capacity to provide basic education, and monitoring and evaluation to guide in the said actions, and a letter dated April 10, 2002 updating the actions, objectives and policies of the aforementioned letter (both letters hereinafter collectively referred to as the Program) and confirming the Borrower