Mexico - Agricultural Technology Project

D ~A/ 5 6 - be Document of The World Bank FOR OmCIAL USE ONLY MICROFICHE COPY Report No. P- 5601-ME Type: (PM) MCINTIRE / X31893 / 1-7107/ LA2AG RqtWt P-5601-ME MEMORANDUM AND RECOMMENDATION OF THE PRESIDENT OF THE INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT TO THE EXECUTIVE DIRECTORS ON A PROPOSED LOAN IN AN AMOUNT EQUIVALENT TO US$150 MILLION TO NACIONAL FINANCIERA, S.N.C. WITH THE GUARANTEE OF THE UNITED MEXICAN STATES FOR AN AGRICULTURAL TECHNOLOGY PROJECT APRIL 13, 1992 This document has a restricted distribution and may be usd by recipients only in the performance of their official duties. Its contents may not othenrise be disclosed without World Bank authorization.  CURRENCY EOUIVALE Currency Unit = Mexican Peso (Mex$) US$1 = Mex$3,070 Mex$1 million = US$326 (April 1992) FISCAL EAR January 1 - December 31 WEIGHTS AND MEASURES 1 meter (m) = 3.28 feet (ft) 1 kilometer (kin) = 0.62 mile (mi) 1 hectare (ha) = 10,000 m2 = 2.47 acres I square Idlometer (m2) = 0.38 square miles (mi) 100 ha 1 metric ton (m ton) = 2,205 pounds ABBREVIATIONS AND ACRONYMS DGESAF = Directorate General for Agricultural and Forestry Sectoral Studies INIFAP = National Institute for Forestry, Agriculture and Livestock Research NAFIN = National Finance Institution PACIME = Program of Support for Science in Mexico PROCATI = Agricultural Extension Project SARH = Secretariat of Agriculture and Hydraulic Resources  FOR OMCIAL USE ONLY MEMCO UGLTURAL TECHNOLG RQE(ECr Loan and Project Summay Borrower: Nacional Financiera, S.N.C. (NAFIN) G;ua!mItor: United Mexican States Executing Agencfie: Insttuto Nacional de Investigaciones Forestales y Agropecuarias (INIFAP)/ Direccion de Estudios del Sector Agropecuario y Forestal (DGESAF) of the Secretaria de Agricultura y Recursos Hidralicos (SARH) Beneficiaries: Secretaria de Agricultura y Recursos Hidraulicos (SARH); research community; recipients of public research and extension services. Amount: US$150 million equivalent Tarms: Fiften years, including three-year grace period, at w