Senegal - Human Resources Development Project : Population and Health

DOCwuAnnt of' The Workd -Bank FOR OFFICIAL USE ONLY Report No.P-5443-SE. )IEKRANDU AND REGOIOIMEATION ON,&~~~~~O S.MINTRNATIONA JDF.VEOPMENT ASSOCITIO O ~ ~ ~ ~ ~ ~ ~ ~ OE ON A iPOPObt CREd"-IfT W o  Curriency Unit =CFA Franc (CIFAF) I tS$ 1.0 CFAF 260 (October 199) I m 1.09 yd., I m2 10,16 sq. ft. 1 kilometer (kn) 0.62 mile CPR Contraceptive prealnc z*e CHO COMM*ult I*eatt OrSazwzatiol DM0~ Distrct M_edwca Officer J9SAF Ehne tutfiAjtetFclt F? Fapul?ann HP-' Hatpost 2Uealth Post Nurse, MY~~ Ministry of YouhandSot ODA ~Officiat Deveto ment Asstn SS*A le-ah~z AfiA - 'SAT -. Suliaflv TaraAncmitte fbr yoP~ ~I w1, 199 D. eie ~ ~2  FOR OMCUIL USE ONLY REPUBLBC OF SENEGAL HUMAN RESOURCESDVEOPMENT PROJEr CREmI AD R SUMMARY Republic of Senegdl MinIstries of Heath and Social Affairs; Economy, Finance and Planing; Inteior; Youth and Sports; Women zCredit Amount: SDR25.4 million (JS$35.0 milion equivalent) mm SSndard, with 40 years marity 0n1_ft Tens: Not applicable :WNWU DW. IDA US$ 35.0 million Governmet US$ 2.9 mfLlion, TOTAL US$ 37.9 million of Relmn: Not applicable. BeROM Report No. 9180-SE M: IBRD 22835 This document has a restricted distribution and may be used by recipients oniy in the dormance of their offcial duties. Its contents may not otherwise be discksed without WMrid Bankk juthor  MEMORANDUM AND RECOMMENDATION OF THE PRESIDENT OF THE INTERNATIONAL DEVELOPMENT ASSOCIATION TO THE EXECUTIVE DIRECTORS ON A PROPOSED CREDIT TO THE REPUBLIC OF SENEGAL FOR A HUMAN RESQIURC DEVLOPMENT PROJECT 1. The following memorandum and recommendation on a proposed development credt to the Republic of Senegal for SDR2S.4 mUIlion (US$35.0 million equivalent) is subm;ted for approval. The proposed credit would be on standard IDA terms with a maturity of 40 years and would help fiac a human resources development project for the population and health sectors. Government would contribute about US$2.9 million. I. Country Policies and Bank Group's Assistance Stratef 1/ Backemund 2. Structural Characteristics of the Economy. The Senegalese economy shares many deactics with those of its Sahelian neighbors: limited natural resources; an agricultural production base that is deteriorating because of the cumulative adverse effects of poor weather coupled with poor resource mz aement policies and techniques; a high population growth rate (about 3.0 percent p.a.); and heavy depenu=e on extrnal funding, with annual ODA net flows (US$80 p.c. in 1988) generally exceeding investinents. The domestic market is small with a total population of about 7 million. Per capita GNP in 1989 was estimated to be US$670. Economic policy in Senegal has not compensaed for poor resource endowment, and has, in the past, contributed to the laclduster economic performane through encouraging a large public sector with a record of inefficient resource utilization, as reflected in the high ICOR. 3. Despite considerable efforts at modernization, the Senegalese economy has not yet escaped its dependence on traditional mainstays: millet cultivation and cattle raising for domestic consumption, and groundnut production, fishing, and exploitation of phosphate deposits for export. Despite recent encouraging economic performance due to good weatber conditions, production levels have barely reached those attained in the period before the 1983/84 drought. Both rural and urban average incomes are lower in real terms than in 1960. A feature of the economy is the high concentration in Dakar and the coastal * belt of most modern sector employment, commercial facilities and social services, resulting in important interregional differences in economic potential and consumption patterns. With limited near-term potential for economic diversification, Senegal's economy is highly vulnerable to climatic vagaries and adverse movements in international commodity markets. Lacking the rich agricultural potent or mineral resources of other countries on the West African coast, Senegal's growth prospects are modest. 1/ Based on the President's Rept for a Strctural Adjustment Program (SAL IV: Report P5185-SB) which was distributed to the Executive Directors in January 1990, and on the findins of trcent mission to Senegd to help the Goveament implement its mareonomic and sectoral adjuAmenut progams.  -2 - 4. PtEconomic Per1folance (191Z). Senegal's economic pefoman in the period 1960-1985 was disappointing: GDP growth was estmated at 2.3% p.a. Other ndices of soco-ecovoulc progrs during this period also showed Senega fing behind the geelly poor levels recorded for Sub- Saharan Africa as a whole: life exqctancy (Senega 48 years, SSA 50 years), primary school enrollment rate (55% vs 68%), and a higher-than-average percentage of the population ling below povety leves. 5. in the initi post-indepandence period (1960-1966), GDP growth (about 3.5% p.a.) outpaced the populaion growth rate (about 2.9% p.a.). Economic management was relativey sound: Goverment Investments were primarly dircted towards the buding of Infatructure (roads, educational infdhsructure, rural istitidons) and such investments were redaively efice (ICOR over the 1960-66 period averaged 4.9). In 1966, Senegal lost the prefetial treatn accorded to the country's agricultur exports to the EEC and also encountered a series of poor rainfl yes. Overall GDP gowth fell from 3.5% p.a. on average during the 1960-1966 ped to 2% between 1967 and 1975. Nevertheless, the growth of government consumption, already bigh durig the earlier period, continued. Further, in 1976-1978, a fortuitous series of good rinfall and harvests and high world prices for commodity exports (phosphate and groundnut products) led to a short-lived export boom masking for a time, the potential effects of the increase in oil prices. Consumption growth, both by the Govment (6.5% p.a.) and the private sector (5.0%) outstripped the GDP growth rate ofjustover 3% p.a. recorded in 1974-1978. The savings rate showed a dramatic decline, flling from 12.3% of GM in 1975 to less than 1% of GDP by 1979, after which it tuned negatdve. The spurt in expendir ignited by the boom was sustained by exteral borrowing of the Govenment, used to finance massive bs in - productive assets. Between 1975 and 1980, disbursed Government and Governent-guaranteed debt on commercial terms increased more than two-fold to about US$452 million. Table 1. KBV Social kdig=rs 1980~~ SSA 19 Pojilaton (million) 5.7 6.9 463.9 % urban 35.0 37.5 28.0 Growth Rate % 2.8 2.9 3.1 Fertilit Crade Birth Rate (per 1000) 46.4 45.5 47.2 Total Fertility Rate 6.5 6.5 6.7 (births/womian) Mortality Crude Death Rate (per 1000) 20.8 16.0 15.8 Infant Mortality (per 1000) 14.7 8.6 10.8 Life Expectancy at Birth (yrs) 45.2 48.0 50.6 Medical Care Population per physician (000) 13.1 17.0 4.8 Population per nurse (000) 2.0 2.8 2.5 % of children immunized 17.0 70.0 n.a. Education Prmiary Enrollment Ratio 46.0 55.0 68.0 Pupil/Teacher Raio (primary) 46.0 54.0 40.0  -3 - 6. Recent Adjustment HiM ry (195-12988M. Senegal is in the last year of a Medium Term Economic Recovery Program planned to run during the period 1985-92 and which has been suppored by two SALs In 1986 and 1987 and an IMP ESAF (1986). The program's objecdve was to retun the coury to a sustainable growth path after correcting severe financial Imbalances. In addition to acdons to reduce the overall budget deficit and to resolve the extermal debt problem, the Govrnmens domestc arrears were to be eliminated in an orderly manner. To restore growth, the Government planned to improve the quality of public investments by concentrating its limited resources on rehabilitation of the productive Inftru re. Above all, the private sector was to be encouraged via a liberalized reglatory environment (especially in trade and pricing) and an Improved incentives system, and a sound financi sector. 7. During the 1985-88 period, real GDP growth averaged 4.3 percent per annum. In addition to improved export prices, agricultural output in particular, grew rapidly - an average of 7.1% p.a. - admittedly from a low, drought-influenced base. This performance, as well as the related reoovery of the vegetable oil milling and transport sectors and rainfall influenced growth in the ouWput of the livestock sector, was more than enough to offset an otherwise stagnant IntriW sector and a declining services sector (other than transport). Because of the dominant effect of climatic factors on these results, sustnbiity cannot be taken for granted. The only policy action which may have conibut to this performance was the significant increase of producer price for groundnuts, in real terms, in both 198 and 1986. 8. Untl about 1988, the reform program showed good progress toward the objectives of maoeconomic sabilization. The overall fiscal deficit on a commitment basis and excluding grants, fell to a low of 2.6 percent of GDP in 1988, from 8.8 percent of GDP in 1983. The ext current accout deficit, excluding official grants also fell sharply from 19.2 percent to 9.5 pacent of GDP over the same period, mainly through the curtailment of imports. With prudent demand management policy, gross domestic expenditure, which had exceeded GDP in the first half of the eighties, declined considerably and domestic savings, rose from negative levels to 7 percent of GDP in 1988. Inflationary pressures were also dampened - the GDP deflator, fell to an annual average of 2.1 percent, from 12 percent in 1984 - thus arresting the trend towards real exchange appreciation. 9. The stabilization gains of this period, pardcularly in the area of budgetary balance, have proved to be difficult to sustain (see below). The domestic revenue base has remained smal and stagnant (the share of tax revenues in GDP fell from 18% in 1984 to 14.3% in 1988), and the dependence on revenues from taxation of petroleum imports - over a qualter of revenues in the last few years - bas imparted considerable uncertainty to the budgetary situation, whilst the resulting higher energy prices have contributed to the continued lack of competitiveness of the Senegalese economy. Much of the expenditure cuts have come through curbing investment outaye (public investments were 15.3% of GDP in 1984 but had fallen to 6.6% in 1989 which is not sufficient for mere asset replacemen). Senega has also been very dependent on direct budgetary assistance from abroad to cover current expendiures, including the servicing of foreign debt and the repayment of arrears (in 1987, donors provided almost half of the Government's total resources). On the external account, while nominat imports as a share of GDP have fallen, due to the decline in unit prices of imports - from 54 percent of GDP in the early 1980s to 35 percent in 1988 - export growth has lagged behind GDP growth in spite of the moderate improvements in both unit export prices and the terms of trade over the period. Nominal exports as a share of GDP fell from 35 percent to 26 percent over the same period. Although public debt outstanding has risen at a slower rate than GDP, debt rescheduling has had to be sought each year from the Paris Club since 1983 to maintain the debt service ratio at a level that does not jeopardize the overall macroeconomic framework.  -4.- Recent Developments (1989-90) 10. Since mid-1989, Senegal has relaunched Its adjus_tmt program with the support of the IDA-flnanced SAL IV, under which more focused reforms are being undetaken to improve public rource management, streamline the regulatory environment, and strengthen the inctives for invemnt and productive activities by the private sector. In addition, a thorough restrcuring of a falling banking system, accompanied by flnancial sector and credit policy reforms, has been initated under the IDA- supported Financial Sector Adjustment Credit. 11. The progran supported by SAL IV attempts to consolidate and deepen the poliies initiated under the Medium Term Economic Recovery Program. In the area of improved reource management, the Government has committed itself to reducing the recurrent budget throug a downsizing of the civi service and a reduction in budgetary transfers to the parapublic sector. Tho civil sernice staff reduction effort, in spite of its voluntary nature, started well. By June 1990, 2030 civil sevant out of 2700 who had applied, had left. Some 2100 more civil servants have applications pending but implementation of the voluntary departure program has slackened since July 1990, largely becase Government has not set aside the funds required to pay agreed separation packages. This, and a recent rash of recruitments, jeopardize the prospect of achieving significant and pemanen reductions in Senegal's non-interest current expenditures. The reduction of budgetry transfers to the parastata sector is also running behind target. As of the end of May 1990, commitments of subsidies to pptastatas exceeded targets by CFAF 1.3 billion. For the most part, this difference is accounted for by transfers to agencies associated with the higher education sedor which is considered politically sensitive in Senegal. 12. The reform program to improve incentives in private sector actvity consiss of actions to reduce production costs, improve tax administration, simplify import procedures and or abolish other administrative controls on enterprises. The measures undertaken so far have had the effect of icreasing labor market flexibility and slightly reducing the cost of labor to small firms and entepris in the Free Trade Zone of Dakar as well as recently reducing telecommunications costs to industries. Implemtion of new measures to reduce energy prices have been delayed by the great uncraies in the petroleum market resulting from the Gulf war. 13. The reform of the banking sector enmisaged the liquidation, restruuring or merger of some nine out of the 15 banks in Senegal, which were in financial crisis. So far, six banks have effectively ceased operations and three more banks have been recapitalized. Progress is satisfactory on ceding majority-Government ownership in two other banks. At the same time, the Central Bank has initiated reforms aimed at removing controls on lending margins and on secoral allocations of credit; in setting a base interest rate which is anchored to a market rate (the French Treasury rate) and determined in large part by the supply and demand of banks' liquidity; and improving bank eaminatin and supervision. Rules governing crop credit have also been modified with the result that loan amounts can be no more than 81% of the value of the crop and there is now also a requirement to demonstrate that crop purchasing agencies can service such debt. These measures should go a long way towards preventing the reappearance of unserviceable crop purchase loans which have been a major contbutory factor to the recent banking crisis. 14. Since 1989, the fragility of the stabilization gains, particularly in the area of fiscal balance, has been demonstrated in a dramatic fashion. Revenue performance, relative to both GDP and anticipated levels, has continued to decline. This has been due maWy to the lack of signiffcant improvements in tax administration (particularly in customs), and the further weakening in the narrow tax base due to the absence of a strong enough formal sector supply response to the various measures of economic liberalization, while ininrmal sector activity has grown considerably. In late 1989, the impact  -5 - of these factors on revenues, was exacerbated by border disturbances wlth Mauritania. Expenditure ovruns have also continued. As a result, the Govenment budget deficit has widened in two consecutive fiscal years, reaching 4.7 percent of GDP in 1990, with inevitable crowding-out effects on the private sector and inadequate resources for necessary operations and maintenance expenditures. Significandy, the Govemment's preoccupation with the fiscal situation has meant thas progress on structural measures has been much slower than expected. 15. Ite deterioration in the fisca balance position has nt had any immediate significant ffects on key macroconomic objectives - economic activity rebounded in 1990 as agriculture recovered from the drought of 1989 (real GDP grew by 4.4 percent), inflation has remained low (at less than 3 percent) and the externa sector siation has continued to improve (the current account deficit fell to 7.9 percent of GDP in 1990, from 9.5 percent in 1988). However, to avoid jeopardizing medium-term macroeconomic objectives, special efforts have been made in the 1991 fiscal year, under a Fund monitored Financial Program, to arrest the decline in the budgetary position and to achieve sustainable improvements in public finances. Ibis austerity program included wide-ranging measures to improve revenues and to achieve drastic cuts in expenditures - particularly through civil service reduction and reduction of transfers and subsidies. In the first half of the year, the Govment made concerted efforts to follow this program and indeed, formally met all targets, mainly as a result of exceptional receipts and unsatainable cuts in operations and maintenance expenditures. In addition, some of the revemne measures have since had to be rescinded in the face of stiff political opposition and the budgetary situation continues to be weak. Summary data on key economic indicators are in Table 2. Table 2. Solected Economic Indicalots. 1985-90 1985 1288 1W GDP at coant 1987 pices 3.9 5.2 -1.7 4.4 (DP deflator 9.2 2.0 2.0 6.3 Extenal Sector f p.a.) Export volum, FOB -14.3 6.9 1.4 1.5 Impost volume, CIF 2.7 -2.1 -2.1 0.5 Teams of Tde (US$ erms) -0.2 -3.4 1.3 0.1 Oer Idicators f% of GDP) Budget deficit (FY ending June 30)1If -4.6 -2.6 -4.0 -4.7 Cwarent amu bance 1/ -17.1 -9.5 -9.0 -7.9 Grs domes_c ivestment (real terms) 13.5 15.6 16.1 15.0 Grss domestic ssvfgs (real term) 6.1 10.5 11.8 11.0 E11in Dd* tLT+MTh+$n Total debt di_brsed and outstning (USS million) 2559.3 3579.9 4139.6 4089.0 Totl debt sevice paid (USS million) t 189.9 389.5 376.3 444.1 Expors of goods and services (US$ million) 809.9 1293.8 1300.3 1411.6 Ddet service pid/exports of goods and services (%) 23.4 30.1 28.9 31.5 1/ ExcdWing grant 2/ After debt relief. Data for 1990 include estimated debt relief of $181.5 million.  -6 - 16. IMe Broadnr There are three outstanding characteristics of Senegal - accidets of histy and geography - which have shaped (and will continue to shape) economic decision-mauking and developent prospects. The first is the gegraphy and climate: as a general rle, most periods of relativdy high economic ga'owth in Senegal (most recently in 1981 and 1985-1988) have been consequent upon years of satisfactory rainfall both In terms of the total amount and its distribudon over time. Although agiculture accounts for only about 20% of GDP, there is a direct correlation between high agriculural output and increased value-added in industry (because of the importance of the milling sector) and in transportation services. A second factor is the existence of an urban c1e. Not only is the rate of urbanization unusually high; urbanization has a long history and, in the colonial empire, Dakar was the capital of a tedrory with a total population about 6 or 7 dmes that of Senegal alone. The srong tradition of trade unionism; the over-dimensioned infrastructure; the large and intriwive civil service, are all, in thir different ways, reflections of this heritage of a strongly-rooted urban culture. While these factors have been impediments on economic growth and efficiency, the urban tradition has a positive side: Senega is one of the few sub-Saharan African countries without a mining industry where thr have been several generations of industrW workis. There is thus the human capital required as a basis for deveoping a viable export-orieed manufactring industry. Senegal's tradition of pluralium is the final charactertc worth noting. Senegal has had a remarkable history of successfl cohabitaion of people Of diffrent religions, cultnres, political beliefs and race. An open political system is not the only (or even the best realized) manifestation of this. A far more important consequence of this tradition is that it maWkes change of any kind subject to a consensus which, in the area of strong economic adjustment, has proven elusive so far. ag Pspc and Econonic Oulok 17. In the mediumLm, even assuming reasonably favorable developments in climate and terms of trade, the Senegalese economy can be expected to grow only marginally faster than the poputation. The physical consuranh to development are not amenable to change in a medium-term perspective: improved soil and water resources management can affect agricultural production only gradually; mineral and fish resources are currently exploited at near-optimum rates; and posive resut from implementig the recently-articulated population policy will not have a marked effect except in the longer tem. 18. Economic projections of the most likely development scenario - involving normal weather, more efficient investment and faster than usual growth of non-traditionat exports as a result of policy refoms under implementation and further debt relief - show modest GDP growth of about 3.8 percent per annm In the 1990s. If, contrary to the assumptions underlying these projections, the implementation of the reform agenda slows down or stagnates and if, as a consequence, exteral financing from donors were to drop to half (or less) of current levels, GDP growth would be no higherthan about 2.3 percent per annum (implying failing income per capita) even with favorable rainfall and commodity prices. 19. In the lonw trcm Senegal's development potential will depend on five fators: (a) an improved famework for hite onal trade and continuing prosperity In OECD countries; (b) a much improved domesdc business environment conducive to private investment, including foreiga invesment (c) a productive, sklcled labor force; (d) more rapid depreciation of the real effective exhange rate, and (e) an eady reversal of population growth trends. If these conditions can be met, Senegal could take advantage of its location and climate to develop exports of light manfactue and high-vued ago- iustri products and services.  -7 - 20. The achievement of the growth targets in para. 17 is predicated on favorable supply responses in agriculture and industry and on the capacity of the economy to genea resources for rehabilitation and new investment. For the major export crops, as well as for rainfed food crops, technical, institutional, and environmental factors still represent important obstacles. Prwspects for expanding fishing are limited. Finally, the expansion of the industrial sector will rely to a large extent on the trevival of private sector activlty and on the response by domestic and foreign investors to industri incentives and to reduced costs of factors of production. 21. Continued investments in human resources development, in particular in education and health, would be required to create the productive labor force essential to long-term growth. Reform in both setors should improve the quality of and access to basic services by ensuring sufficient resource mobilization while containing costs through improved efficiency in service delivery and resource alocation. Finally, sustaining any improvemens in real per capita income wil hinge on the ability of the Government to deal effectively with the difficult problem of rapid population growth. The Human Resources Development Project presented in this memorandum represents a first major thrust in Govenments effort to transform the newly-adopted population policy into concrete action. Centra Deve10pent I%=ue 22. E a _, Although some of the factors identified as conditioning long-term development (para 18) indicated above are not (wholly) within Government's control (developments in intaional trade and OECD countries' economies, the exchange rate) the realization of the coutry's (admitedly limited) development prospects poses a major challenge for the conduct of economic policy. First and foremost, the recent cycle of unsustained stabilization will need to be broken in order to pave the way for structural measures to last long enough to have a chance of being tnlated into an effective supply respose. This would mean the achievement of permanent and significant reductions in public sector spending and improving the quality of such expenditures. At present, the fiscal burden on the modem sector is inhibiting expansion of economic activity, and the prospects for appreciable increase in revenue to meet needed infrastructure rehabilitation and maintenance programs are limited essentally to incrased exteral grants. The effort therefore has to be focused on cuttng nonessential and ineffective Govermnent services including reducing subsidies to public enterprises; increasing user chages where there is room; and improving the efficiency of resource use in the public and parapublic sectors. Tax adminisaion also needs to be improved significantly. To the extent that such efforts are successful, public savings will increase and resources can be shifted into the production of tradeables with a beneficial effect on the real effective exchange rate. 23. .y ranework Concomltantly, to afford the private sector the feasibility to use these freed resources in an optimal manner, efforts to dg=}ate an liheraize economic activity should be sustained. In this respect, existng policies that inhibit labor market flexibility - with regard to both the mobility of labor and the flexibility of wages - need to be changed. In addition to reforming labor market regulations, the Government needs to simplify the procedures necsary to enforce compliance with legal business agreements and to acquire and dispose of assets, especially land. 24. Pinancial SectorP . Finally, the reform of the financial sector policies initiated recendy with IMA and other donor support needs to be broadened and deepened. There is a need to mobilize domestic savings and to ensure efficient intermediation as a necessary complement to the developmnt of private sector investment and production. Within the existing rules of the Monetary Union, the Senegalese Government can adopt and implement policies that will make the banking sector more reponsive. In addition to restructuring the balance sheets of the publicly-owned banks and  - 8 - reducing its ownership shares in banks, the Government can also curb the credit demands of a large parpublic sector and ensure that its fiscal rules do not distort interest rates unduly. 25. Huiman. BRWi Developmen. For the longertem, the most serious challenge is to develop a productive, entrepreneurial human capital base with the limited financial resources available. In education, Government has initiated measures to improve efficiency in primary education, achieving Important cost savings; it must continue, however, to seek additional resources in order to raise enoLlment ratios from their present low levels and to keep up with the growing demand. In contrast, measures to reduce excess spending and refocus priorities in higher education -including reducing student subsidies and fellowships and stressing quality over quantity in enrollment - have not been taken because of their politcal sensidvity. Government's inability to undertake these reforms is the principal outstanding issue in the education sector. 26. Mating Natural Reso . Sound management of the natural resources base also presents a critical long-term challenge to policy-making. Population growth and its distribution between urban and rural areas (and within rural areas between the Groundnut Basin with its exhausted soils and the potealy more productive Fleuve and Casanance areas) will have an impact on the environment - soil degradation icluding salinity), loss of forest cover to firewood demand, urban water and waste disposal. There is an urgent need for the Government to plan its infrastructure development program in a way tat supports desirable patterns of population migration. Agricultural research should be sustained so tat fuming methods less destructive of the environment can be developed and transmitted successflly to peasants. The pricing of household fuels is affected by the present tax system on petroleum and household gas, which in turn affects the demand for fuelwood. These subtle and delicate linkages between economic activities (principally crop and livestock production), population and the environment suggest that the least risky strategy for the management of natural resources will need to involve I" communites who are most direcdy affected. This will in turn require clarification of land-tenure systems so at long-term investments by farmers can be made more secure. Success in reversing envronment pauperizaton will depend critically on Government's ability and willingness to provide village communities with the lmowledge and legal authority to participate fully in natural resource management. 27. E%uaition. Above all, Government must continue to buld up its efforts to contain populaon growth by expanding family planning services and transforming the social and economic environment to favor rapid fertility decline (improving materna ad child health, epanding female education, promodng the status of women, increasing awareness among youth, reversing pro-natalist fiscal policies). In this area, performance assessment in the short term has to be based not on measurements of actual reductions in population growth rates but on the visible political support given to the popuadon program and on the effectiveness of service delivery modes. County Assistance &taMe Past B roup Jisita 28. As of December 31, 1990, the Bank Group had approved 96 operations in Senegal for a total amount outing (mcluding undisbursed) of about US$1,032 million, consisting of 64 IDA credits (imcluding three Special Fund credits) and 20 Bank loans, together with two SFA and nine IFC operatioS. To date, 47 credits and the 20 loans have been fully disbursed. Of the 17 operations sll under disemn, two (SAL IV and the Banking/Financial SECAL) are adjustment operations. The rest are divided between agriculture (5), infrastructure (4), human resources development (2), industry, telecommunications and energy (1 each) and a Technical Assistance Project.  -9- County Strategy and iories 29. Bank strategy has two broad and interrelated objectives. The first objective is to mist the Government in the short to medium-term in rectifying structr Imbalances in the economy by Improving the incentive environment and the efficiency of eosnomic management. The vehicles to support this objective have been adjustment lending buttressed by appropriate technical assistac operations. The second objective, which is to promote a sustainable level of long-term growth and development, has been supported by sector-based rehabilitation/investmentprojects, within an appropdie framework of sectoral policy reforms. Both adjustment and investment operations have had a direct Impact on poverty alleviation since they have focussed on policies and sectors that affect the broad mass of the poorer, rural population - examples include agricultural price decontmols (SAL Ell); tariff reflbos which shifted the terms of trade in favor of the rural sector; and primary education. Proposed Lending Progam 30. For the immediate future, Bank strategy for Senegal will remain pointed essentialy in the same direction of adjustment and policy reform, but with a somewhat modified emphasis. The country's meager resource base and its consequent growth prospects are a cause of incremasing cone, both for the Govermnent and for its partners in the donor community. With this in mind, in coming years, sector-based adjustment operations will be focussed specifically on reducing wasts, improving the efficiency in the use of existing assets and promoting an incentive framework that harnesses such limited potential as exists. 31. Given the stagnation and, in some regions of the country, the dedine in living stwWards over the past decade, it is unrealistic to expect that the required increase In domestic savings can be mobilized rapidly for rMAabilitation and new investment and, particularly, for the efficien operation and maintenance of existing assets and infrastructure. Thus, additional sources of concessional assistance wi be necessary to underpin the adjustment efforts through the medium-term. If the country can demonstre a sustained commitment to adjustment, a commensurate program of financial support for macro and setoral adjustment operations should remain the major thrust of our country assistance strategy for Senegal in the coming years. 32. As Aown in Table 3, the lending and reserve program for Senegal cumatly under consideration for the period FY91-95 totals some US$516 million for thirteen operaions. Depending on progress in macro and sectoral policy dialogue, adjustment operations would absorb just under 50 percent of this program, including sector adjustment operations in transport, agriculture, and human resources development, private sector development, and a public sector resources management operation. Sector operations would include rehabilitation/investment components in all cases, but would also address the key policy constraints to sectoral growth.  - 10- Table 3: Composition of IDA Commitments. FYS6"9S EX &2 9ss US mill. er- emut Smil e AgnovltWe 85.3 22.7 110.2 21.3 Induoafy and energy S3.0 14.1 20.0 3.9 Infiasuctwe 63.7 16.9 83.0 16.1 Human resources 32.0 8.5 S.3 9.8 Adjustment lending (SALsISECAL) 125.0 33.3 252.1 48.9 Technical assistanoe 12 CS JIL- Q0. TOTAL COMMiTMENTS 376.0 100.0 515.6 100.0 * 33. This new emphasis on sector operations, while reflecting an assment that a minimm albeit stll fragile, macro-economic enviromnent has been established, also reflects a growing aware that realization of the economy's growth potential demands a more focussed approach to sectora policy reforms and investment requirements. Thus, the assistance would move from a phase of suppotig an improved overall policy environment to one which would address supply response measures more directy at the sectoral level and, with a clearer link to directly productive investments, would promote growth more effectively. 34. In azicithure, a sector adjusment operation is being prepared based on the miplementation experience of the agriculture component of SAL m, which highlighted the urgency of addressing outstanding sector policy constraints. The operation would focus on four major areas: privaizon of groundnut marketing and processing; an appropriate, market-based protection regime for locally produced cereals and reduction of the state's role in marketing and prices; comleting the liberalization of agricultural credit; and initiating land tenure reforms. In order to increase the likelihood that such refrms will be long-lasting, our operation envisages significant cofinancing from all key donors who thereftre have to agree on the content of the reform package. Other operations planned for the agricuture sector include an krigation Sector Operation aimed at improving conditions for private sector ownership of irrgaton infrastucture and a Natura Resources Management Project, which would focus on institional and legal reforms to enhance local management of forests. 35. The country's infiatructur network is seriously dilapidated due to insufficient allocation of funds for regular maintenance. Our dialogue on key sectoral issues has resulted in a Transport Sector Adjustment/Investment Operation which has been appraised. The hybrid form of the project resulted from the need to promote important policy reforms throughout the different transport subsectors. The major sectoral policy issues to be addressed under this operation include: O strengthening sectoral investment planning and project selection criteria, including a sector-wide shift away from new construction toward urgendy required maintenance; Cii) a threefold increase in the allocation of revenues to road maintenance financing (Road Fund); (iii) shifting reliance for the major part (75 percent) of road maintenance from force account to execution by private contractors, and improving the administion's mannan planning, programming and supervision capacity; (iv) improving the management structure and autonomy of some of the key parastatals in the sector, e.g. railway, port, and airline; (v) manpower planming and management; and (vi) improved efficiency in all subsectors. A following operation is planned for FY94, as is an Urban Development Project and an Energy Project (11).  - 11 - 36. Previous interventions in iucat1Dnhave been directed toward strength indag ptrimy education, especially in nura areas, restructuring educational expenditures toward the primary levd, and at technical and vocational training to support the requirements of the producdve sectors. In heal* the emphasis has been on strengthening the delivery of primary care in rural areas, on developing health, nd nutrition education, and on developing a coherent approach to the provision of low-cost essential drugs. In addition, under SAL m, the Government formulated a national nonunat policy staement which bas since been translated into an operational Population Action and Investment Pogram. 37. However, additional efforts are required to develop the social sectors during this period of economic adjustment and to improve the Internal and external efficiency of the resources allocated to this sector. The project prested in this memorandum addresses these issues for the health and popuation sectors. A second operation currently under preparation, would cover education and traing. Its aim would be to attain a better balance in priorities among the different segments of the education sector, rationalizing and reducing costs in vocational and higher educadon while keeping the priority on primary education. The project would thus be a hybrid sectoral adjustment operation, with investmet going nto primary education and with a policy push on vocational and higher education. 38. A Private Sector Development Project (FY93) would aim at consolidating Iov in the regulatory and financial environment achieved so far, as well as in helping to establish an appropriate framework for efficient support services for private sector business promotion. Prmms of Si wial Em aIs 39. Concern with Women in the and Food S is iegratd into our assistance program in Senegal. The needs of women (and children) are addressed in a significant fashion in the Human Resources Project discussed in the rest of this Memorandum, as well as in the Small Rural Operations (FY89) project. A WID strategy paper has recendly been inidated and should help to make our assistance strategy in this area more effective. The envomental effects of poor naturl resource management practices are recognized as a major potentia constraint In long-term development in Senegal. The Natral Resources Management Project planned for FY95 will be the cumination of a 3-year pilot operation which is now underway and includes trials of sustanble resource management systems for different ecological zones as well as the establishment of and assistance to a national body responsible for coordinating environmental programs. In addition, a Country Environmental Strategy Paper currendy under preparation should help us better address the fill range of inter-relationships between population, agriculture, natural resource management and urbantion. In the agriculture sector, the main thrust of our strategy has been to reduce food insecurity by improving incentives for local production and strengthening delivery of support services (extension and reseach) to the food production sector. Intemational Finance Corporation 40. Past domestic policies have produced a domestic private sector which is still small and which is oriented towards trade-related domestic private sector which is still small and which is oriented towards trade-related domestic activities. Nevertheless, opportunities for IFC-finded operations have been identified in resource-based, export-oriented activities where private local and foreign investments can be allocated - fishing, mining and tourism. Further, with the establishment of the African Enteprse Fund, IFC has developed an ability to reach smaller business; this could increase its Senegalese portfolio in due course.  - 12 - Ecogomic and Sector Work 41. Our planned ESW is designed to provide an intellectual foundation for our country strategy. Consequently, the focus is on (a) improving our knowledge of the macro-ecnomic frmework; (b) human resources development (health, education and population) and private sector development In pursuit of ways to help Government come to grips with the fiscal situation, a Public Expenditure Revew has been initiated. Sector work to promote private sector development include studies of the infuom fiancial sector, and of privatlzation strategies. In the .agriculture sector, studies are planned on small rural organizations and agricultural diversification. Cqordinaon with the JMq. other Donors and NGOs 42. Senegal's adjustment program has been supported by a three-year (1989-91) Enhanced Strucua Adjustment Facility of the IMF. The first and second year programs were sucesslly implemented and a Fund mission jointly with Bank staff has visited Senegal in February 1991 to assess the third-year program. The program has been developed in full consultation with Bank staff and complements the DA-supported SAL m and SAL IV. In recent years, with the pursuit of adjustment policies, both the level of external assistance to Senegal and the number of donors have increased markedly, with the result of aid coordination assuming vastly increased significance. Two Consultative Group Meetings have been held, the most recent in April 1987. These have both proven very usefl for reviewing and analyzing Senegal's economic performance, adjustment progress, and public investment program, and for reaching broad consensus on the levels and modalities of exteri assistance. A thd consultative goup meeting is now expected to be held within the next 12 months. In late 1987, in the context of SAL m, procedures were finalized for the regular preparation of a comprehensive three-year roiling public investment program. Its submission to the donor community has provided a very useful vehicle for ensuring that development priorities are stated explicitly and that scarce investment resources will be channelled exclusively into high priority programs and projects. More recently, a large number of donors have expressed the intention to provide very significant levels of program aid to Senegal in the conte of the Special Program of Assistance for low income debt-distressed countries in Sub-Saharan Africa. This initiative will call for especially close donor coordination in mobilizing sufficient fiuds in support of the various sector operations and in ensuing harmonization of financing modalities and coherence in the conditionality. There are a large number of NGOs operating in Senega in taclding important social issues such as employment (particularly in the context of the Bank supported Urban Employment Project) and basic needs fulfillment. Finally, the Resident Representative in Dakar convenes reguar bimonthly meetings of donor representatives aimed at exchanging information and disssing coordination issues. During FY90 and FY91 donor meetings have been held in the following sectors: transport, water supply, and energy. II. The Human Resources Development Project 43. BackgmrWx. Senegal's population totalled 6.9 million according to the 1988 census, and is estimated to be growing at 3.2% p.a. (up from 2.4% prior to 1975). Prospects are bleak for a significant decrease in this rate by the year 2000 unless a significant reduction in fertility takes place. Despite improvements in mortality throughout the '50s and 60's in Senegal, mortality rates remain high at 16 per thousand. Life expectancy at birth is 48 years. Infant and child mortality predominate (86 and 113 per thousand, respectively, in 1986), with diarrhea, respiratory disease and malaria as the leading causes of death and illness. Among adults, maternal mortality is a leading cause of death for women of reproductive age; and the high fertility rate is recognized as a major factor affecting mater and child health. Malmurition, cardiovascular disease, trauma and sexually transmitted diseases (STD) are also important health problems.  - 13- 44. In April 1988, Senegal became the first Sahelian country to adopt a comprehensive Population Policy Statement calling explicitly for reduced fertility and setting out a multi-sector strategy to attain this objective. Since adopting the policy, Government has defined a US$85 million Priority Action and Investment Program (PAIP) designed to give major impetus to ongoing population and family planning activities. Among the key elements of the PAIP Is the definition of a National Family Planning Program that sets an objective of attaining a 22% contraceptive prevalence rate by 2000 (CPR was 2.6% in 1986) and defines a coherent framework for all family planning (FP) activides in the country. Not limited to family planning activities, the PAIP includes a cross-sectoral range of actions that would help transform the social and economic environment to favor more rapid fertility decline, key elements of which are: Improved maternal and child health, promotion of women's status, increasing Involvement of yout, a legal and regulatory environment favoring fertility reduction, and information and education on population and family planning. The multi-sectoral nature of the PAIP signifies an important evolution in official attiudes towards population-related actions, from a narrow concern for the effects of high fertility on the health of mothers and children, to wider concerns for family welfare and natonal development objectives. Adoption of the program and actions taken so far by the Government to initiate implementation of the policy (public information campaigns have been stepped up, family planning efforts intensified) make Senegal one of the more advanced Sahellan countries in terms of its outlook on population issues. 45. To reduce morbidity and mortality, particularly of women and children, Government will address the principal constraints to improving basic health care services by: (a) improving resource mobilization, stressing both the role of clients - through a more active involvement of community health orizations (CHOs), as well as of Government - through increased resource allocation and greater decentalization; and (b) reducing unit costs through improved efficiency and a more rational organization of the basic care system. Its strategy, spelled out in a National Health Policy adopted in June 1989, involves: (a) establishing health districts as the basic operating unit for health service delivery and ensurg improved efficiency by establishing clear and realistic norms of coverage, staffing, financing and task definition for the health district; and (b) promoting the use and availability of low-cost essential drugs. To Improve caces for success of its policy and accompanying strategy, the MOHSA has, over the last two years, taken extraordinary efforts at consensus-building and 'intenization' both wihin Government and among donors, and is now prepared to invest in a reform program that it considers to be effective, coherent and feasible. 46. nale for IDA Involvement. IDA's involvement in the human resources sectors has grown over the last few years, particularly with the increasing focus on human resources as a key asset in development in the Sabel and on improved basic services (education and health) as essential to the anti- poverty effbrt. In population, IDA's position as Government's lead partner in the macroeconomic dialogue has provided the opportunity to maintain needed focus on the population question and its relevance to the county's total development effort. This dWogue reached a watershed point with the declaration of the national population policy under the third SAL. Satisfactory implementation of this policy will require contnued support, in collaboration with concerned donors, to help Goverment defie and mobilize the means to implement the Population Action Program. In health, preparation activities of the present project have provided a vehicle to advance reflection within the MOHSA and dialogue between MOHSA and the donor community on much needed reform. Both the donor community and concered government agencies are looking to the Bank to maintain this position of leadership and ensure that the momentum of reform continues and that sufficient resources are mobilized widdn and outside the country. 47. Fject Objecdves. The project will support Government efforts to: () control fertlity and reduce the rate of population growth, through the implementation of a National Population Program;  - 14- and Qi) restructure the health sector to enable it to provide basic health services of improved quality and wider accessibility, through the implementation of its National Health Policy. Furthermore, while the project would be an investment operation, it will involve the adoption and implementation of key policy measures in population and health including: (i) liberalization of regulations on contraceptive distribution and use; (ii) measures In support of the district health system, including adoption of orgaiztional norms for the district, ensuring sufficient budgetary allocations, personnel redeployment, and adoption of organizational and procedural guidelines for community health organizations; and (iii) measures to promote the availability and use of essential drugs. The project provides assistace for the first three years of a five-year Human Resources Development Program which has been fully appraised by IDA. 48. todS Dscripfi. To achieve the above objectives, the project would finance investments orgaied in two parts: population and health. For iaOn, the project would: (i) strengthen the National Fmily Planning Program through (a) expansion of FP services in the public health systm, (b) extension of PP services through private sector channels, and (c) promotion of PP through infrmation, education and communication; (ii) promote the status of women through (a) fciona literacy training, (b) extension of the network of 'cases-foyee (centers for local women's group activities), and (c) provision of labor-saving equipment for household work; and (d) insutonal stengthening of the Women's Ministry; (iii) sensitize youth on family welfare Issues dtrgh Family Life Education programs; and (iV) strenthen institutional capacity to promote the national population program through (a) population research and information dissemination; and (b) strengthening capacity for monioring and evaluation. For hetlh, the project would: (i) develop the district health system through (a) devdopment of traning prograns for health district personnel, (b) development of fiancial mnemen systems for districts, (c) promotion of community health organizations, ad (d) assistance for imple ton of district development plans in the regions of Dakar, Thibs and Diourbel; sii) promote the use and avaiuabilty of essential drugs through (a) reform of the National Phamacy, (b) supply of a init stock of drugs for health districts, (c) information campaigns for prescribers and the public, and (d) development of a long-term strategy for the pharmaceutical sector; and (iii) strengthe insdtuional capity In the health sector, with focus on managing manpower development, and budgeting and fiacial plannng. 49. Total project cost Is ested at US$37.9 million equivalent (net of taxes and duties) with a foreign exchange component of US$26.4 million (70%). A breakdown of costs and the financing plan are given in SchIule A. Amounts and methods of procurement, and the disbursement schedule ar shown in Schedul. A timetable of key project processing events and the status of Bank Group Operations in Senegal are shown in dules C.., respectively, followed by a map of the country. The Staff Apprais Report, No. 9180-SE dated March 12, 1991, is also attached. Governm is actively seeking cofinancing to complete the US$52.8 million estimated cost of the laer five-year program. 50. A.e Actions During negotiations, Government gave murnces on: (a) signing of an agreement between the Component Support Unit (CSU) and Ministry of Interior (MOI) and a baking institution on withdawal of funds by women's groups; (b) implementation of the redeloyment and recruitment measures for health personnel defined in the FY91-96 plan; (c) anmal incrses in the percentage share of the Government's reremnt budget allocated to MOHSA for the health sector, (d) revising the presentational form of MOHSA's budget; (e) amual incrases in drugs and materal allocatons; (M submission of recurrent and investment budgets for health for review by IDA; (g) quarterly replenishment of the PNA bank account through transfers from the annul budgetary allocation for drgs; (h) mainnance of PNA stocks in conformity with the lists of essental drugs; O) allocaton of in asocs of drugs only to those HCs and HPs that met eligibility cril; Q) by June 30, 1993, completng and discussng with IDA studies on staffing norms for regional hospitals and spcazed  - 1S - structures of MOHSA; and (k) organizing annual project implementation reviews and a mid-term project eauation. The following are conditions of credit effectiveness: (a) adoption of the National FP Program and of the decree that would include PP as part of the basic MCH package; (b) implementation of the redeployment and recruitment emergency plan for PY90-91; (b) issuance of regulations governing the organization and management of CHOs; (d) payment of an initial amount of CFAF 350 million into a PNA bank account; and (e) appropriate staffing of the PCU and CSUs. 51. Benefts. 'Me g=lation cmpent would have broad benefits in terms of increased awareness of population issues and increased receptivity to family planning, especially among women in nual ares and youth in semi-urban areas. By the end of the project period, family planning services would be extended to over 350 health posts in the country (from an insignificant number at present), and over 150 practitioners and pharmacists in the private sector would be able to offer services and Inomation. Government's ability to coordinate, implement and evaluate population-related action * programs would be strergthened. As a result of the above package of services, the cotceptve prevalence rate should rise from its current estimated level of 3.4% to around 14% by 1995, and the momentum would have been set for an increase to around 22% by 2000, assuming the neceary level of effrt is maintned. Restructuring measures in the health sector would help reduce unit costs of basic health care, making possible a large improvement in quality and coverage with relatively minor increases In resource use. eased mobilization of private resources to cover the cost of health services would impwve the long-term sustnability of gains in quality and coverage and increase accountability wih the health service system. The health oMment would benefit most of the population through improved avalability of drugs and quality of services, which would increase utilization rates in around half of exsting facilities by as much as three times current levels. In addition, over 3 million people in three regions In the project's zone of concentration would gain improved access to basic services through a 30% increase in the number of health posts in these regions. Although the project makes no direct nvesb en at the hospital level, hospitals will be relieved of present excessive demand for basic care as a result of improved primary- and secondary-level services and hence be better able to provide specialized services. 52. Eiakb. The main risks are: (a) the complex nature of the project and consequent potenti imple entation difficulties; (b) the many different changes required in policy orientation of Government at e macro-level, and in the behavior of service providers (district health officers, health post nurses, monitrices") at the field level, and the possibility that these changes may not occur at the deired pace; and (c) heavy dependence on local health comnmittees for resource mobilization at the health post level, and the difficulty of ensuing their efficient operation. To minimize implementation risk, close aon has been given during preparation to working out implementation arrangements and inter-miisteri working relationships; the project will, however, require more than average supervision. Extensive policy discussions during preparation within Government and between Government and IDA (and including other donors) improve the chances of continued Government commitment tD its newly adopted policies. To minimize risks stmming from difficulties in realizing essential changes in the behavior and attitudes of personnel responsible for carying out project activities, close attention has been given to superiion and traning aspects of all components. SpecW effrts to improve CHO organization and mnagement (including revision of their intemal regulations and training for DMOs and HPNs on msporting the development of CHOs) and information campaigns to clarify the role of CHOs to the general public would improve their chances of success.  - 16 - 53. Re _. I am satsfied that the proposed credit would comply with the Articles of Agreemet of the Association and recommend that the Executive Directors approve the proposed credi. Barber B. Conable Presidet Washigton, D.C. March 12, 1991 AUachmen  - 17 - Pag 1 of 1 RE3PUlBLIC OF SENBOAL HUMAN R}3SOUICSRU&M MDU Po ati. and Healt (US$ mio) A/ 1. Strengthenng the National Family Planning Progam 0.6 2.6 3.2 2. Promoting the Status of Women 2.2 2.5 4.6 3. Reahing Young Men and Wome 0.3 1.3 1.7 4. Institional Strengthening for Promoting the Natioval puladion Program 0.1 0.2 0.3 S. Devloping the Distict Health System 5.4 8.1 13.5 6. Pmoting Essentil Drugs 0.2 3.6 3.7 7. Iituional Strengthening in the Health Sector 0.1 0.3 0.4 8. Project Coordination and Management 0.5 2.6 3.1 9. Refinancing of PPF and SPPF 0.3 0.5 0.8 TOTAL BASE COSTS 9.7 21.6 31.3 Physical Confingencies 0.7 1.8 2.5 Price Contingencies 1.1 3.0 4.1 TOTAL ROECr COMSI S VA pinsncing Plan: IDA 35.0 Government TOTAL 37.9 11 Totas may not add up due to rounding. hi Net of taxes and duties.  - 18 - Schedule B Page 1 of 2 HUMAN RBOURCM DELOPMEM ultidol aud Healt em etent Meho n3d Disbutsements Amonts and Meffiods of h (US$ miinoludinS oontsganc) N Cateorv of _rnndk Ls Q f W T 1. 'ivil Word 10.3 2.7 - - 13.0 (8.8) (2.3) - - (11.1) 2. Vdiles, equipment and mataial 6.0 2.2 - 8.2 (6.0) (2.2) - (8.2) 3. FuP e 0.9 , 0. (0.9) - - (09) 4. Drus 2.8 - 0.5 - 33 (2.8) - (0.5) - (3.3) 5. SPecals Servoices - - 5.1 - 5.1 = _ (5.1) - (5.1) 6. Trining - - 2.6 - 2.6 a(26) - (26) 7. Ino_mt Operain Costs - - 4.0 - 4.0 _ - (3-0) - (3.0) S. Refinancing of PPF and SPPP - - - 0.8 0.8 _ - (0.8) (0.8) TOTAL COSM 19.1 5.8 12.2 0.8 37.9 Total Fnanced by IDA 17.6 5.4 11.2 0.8 35.0 NOTE: Figures in pa_s a the respwdve amount finanoed by the IDA credit.  - 19 - Schdl B Page 2 of 2 1"W and ftm (US$ millon) Proposed IDA % of Exp _end Cateor of Expediture Allofi Pi_ne by MlA 1. Civil Works 9.4 85% 2. Vehicles, Equipment and Mateias 7.0 100% 3. F ture 0.8 100% 4. Drugs 2.8 100% 5. Speciist Services 4.4 100% 6. Trainng 2.2 100% 7. Inremental Operating Costs 2.6 75% 8. Refinancing of PPF and SPPP 0.8 100% 9. Unalocated 100% TOTAL 35.0 Estimated A Disbursemnts -US$ mili-in FY 22 23 94 25 Annua 8.5 12.6 11.6 2.3 Cumuladve 8.5 21.1 32.7 35.0  - 20 - ScheduleC Page 1 of I HULJQEUHM 11 RQJE (a) Time taken to prepare 18 montis 0b) Prepared by Govrntmen with I]DA assistance (c) First IDA mission Febay 1989 (d) Appraisdepartre June 1990 (e) Negotatons Febuay 1991 M) Planned date of effectiveness Octb 1991 (g) List of relevant PCRs and PPARs N.A.  - 21 - Sohuedu D REPUBLIC OF SffN8QgAL Palp 1 of2 HUMAN RESOURCES DEVELOPMENT PROJlCI (as of 7ebnzary 26, 1991) Amount in USS milon Loan or Pic Ud Closng craft ug, BDk MA ged 45 Crdis closed 472.13 1310-N 1983 Rund Health 15.00 2.61 1231/91 (R) 1406-S 1984 Easteen SendalRurl 16.10 .54 6/30/91 (R) 1459-N 1984 Daka Port m 2.55 .45 6130/93 1554-S 1985 Water Supply II 24.00 .62 6/30191 1710 1986 Ergy Secto Rehab. 20.00 4.70 613091 1714-SEN 1986 Telecom nI 17.69 12.65 6/30/93 173SSEN 1987 Prima Educ. Dev. 12.00 6.56 6/30195 1855-SEN 1988 rgon IV 33.60 20.81 6/30/94 186ES N 1988 Industry Setor 33.00 31.79 6/30198 1884-SEN 1988 Municipal Housing Dev. 46.00 36.37 3/31195 1910-SEN 1988 TA DevL Mana_miet 17.00 12.58 6/30194 1992-SEN 1989 Smball Rual Oper. I 16.10 11.96 6/m098 207-SE1N 1990 public Works & Ebploy. 20.00 18.S4 10131/92 2077-SEN(S) 1990 -ba ImngaFinuaing SE 45.00 20.S7 6/3191 2O90-SEM(S) 1990 SAL lV 80.00 S3.81 4130092 2107-SEN 1990 Agdb. Researcho 18.50 20.14 12131t95 2108-SEN 1990 Agpio. Serices 17.10 15.78 12/31/94 20902-SE(S) 1991 SAL IV 7.10 7.34 04/30/92 TOTAL nwumber credts = 18 440.84 277.82 20 Ltoas closed 129.33 TOTAL number loans - 0 TOTAL * 129.33 912.97 of which repaid A@29 -JSZZ TOTAL hedd by Dank & IDA 62.54 894.70 Amount sold 3.36 of which pad 3.36 TOTAL undsburs t7.9 NOTElS * Not yet effectve * Notyet si;ned * Totd approved, repayments, ouadig balam npse t both active ad inac loa and crds. (R) indicates mulby revd ebd sg date (S) iica SAECAL loans andcar The net apprved an Dank repayments are historical value; all otes ar market value. The siging, effctv and closing dates ar basod upon the Loan Department ofial dat and are ot tabu fim th Tsk Budget file.  - 22 - Pap 2 of 2 HUMAN R13SO-URCIBS D]rMWPMEN PROWI= .PODUto an H2ft1 Summary of IPC Illve (a of auy 31S, 1991) Pisoallpoo USS mib XW Obl Buo k 1967 Sooi6 Indus*tie& d4ngBais Pert Pblt 2.45 1.01 3.46 do 8d6gal (SIE) 1972 MUD SnEa Vegtable Bxpot 0.84 0.84 1974 SO}IDT Delopnt Finaoc Co. - 0.34 0.34 1980 Dnudo d IW du Sngal Money & Capita Maet - 0.46 0.46 1980 Socl*E H6Wibm do Barachoi Tourim 3.00 3.00 I982 dushI Chimiques do SEnal PeHer Plnt 25.00 - 25.00 1984 Afican Seafood Fish Proesing Pimt 3.29 0.96 4.25 986 SOTIBMAI-PAPRitC Prt Maufcurlug 3.20 - 3.20 1988 Indust Cb hque do Sngl U FeP wer Plt 12.00 0.1S 12.15 1989 ARICAME1R Fh 3.45 - 3.45 TOTAL Gnu Comkms5239 3.76 56m1m Less caneons, terination, repayme aW al 32.30 2.18 34.48 TOTAL Cemum u 4eld by MF C 1* aL FeA. 1; Feb. 1991)  SENEGALa Aopr ~MAUFITANIA SENEGALI HUMAN RESOURCES DEVELOPMENT PROJECT PROJET DE DEVELOPPEMENT DES RESSOURCES HUMAINES M* Dd HecMt C~or*f - R4~~~~~rmui I6~~~~~~~mdeoD.*~~~~~ou