Conformed Copy - L7027 - Telecommunications and Postal Sector Reform Project - Loan Agreement

Page 1 CONFORMED COPY LOAN NUMBER 7027-AL Loan Agreement (Telecommunications and Postal Sector Reform Project) between DEMOCRATIC AND POPULAR REPUBLIC OF ALGERIA and INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT Dated October 23, 2000 LOAN NUMBER 7027-AL LOAN AGREEMENT AGREEMENT, dated October 23, 2000, between DEMOCRATIC AND POPULAR REPUBLIC OF ALGERIA (the Borrower) and INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT (the Bank). WHEREAS (A) the Borrower, having satisfied itself as to the feasibility and priority of the project described in Schedule 2 to this Agreement (the Project), has requested the Bank to assist in the financing of the Project; (B) the Bank has received a letter, dated May 20, 2000, from the Borrower, through its Ministry of Post and Telecommunications, describing the Borrower