Philippines - Third Municipal Development Project

-V 3fI4S5& PH Document of The World Bank FOR OFFICIAL USE ONLY MIICROFICHE COPY RePort No. 10042-PH Type: (SAR) Report No. 10042-PH UCHUMORA,/ X80452/ D8 021/ AS21N (G, STAFF APPRAISAL REPORT PHILIPPINES THIRD MUNICIPAL DEVELOPMENT PROJECT FEBRUARY 27, 1992 Infrastrueture Division Country Department I East Asia and Pacific Regional Office Tiis document has # restricted distribudon and may be used by redpIents only in the perfonmance of their official duties. Its contents may not otherwise be dilosed without Wodd Dank authoiztion.  CURRENCY EQUIVALENTS (as of December 31, 1991) Currency Unit - Peso (P) P 1 - US$0.037 US$1.00 - P 27 WEIGHTS AND MEASURES 1 meter (m) - 3.28 feet (ft) 1 kilometer (km) - 0.62 mile (mi) 1 square meter (sq m) - 10.76 square feet (sq ft) ABBREVIATIONS AND ACROQYMS BLGF - Bureau of Local Government Finance GPO - Central Project Office DILG - Department of the Interior and Local Government DOF - Department of Finance DPWH - Department of Public Works and Highways ERR - Economic Rate of Return GAA - General Appropriations Act IDA - International Development Association LOA Local Government Academy LGU - Local Government Unit LIA - Local Loans Account MDF - Htunicipal Development Fund MDFGB - Municipal Development Fund Governing Board MDP I - First Municipal Development Project MDP II - Second Municipal Development Project MDP III - third Municipal Development Project NEDA - National and Economic Development Authority PMO - Project Management Office PSA - Program Support Account PSC - Project Steering Committee RPTA - Real Property Tax Administration SPMS - Special Project Management Service, BLGF, DOF USAID - United States Agency for International Development GOVERNMENT FISCAL YEAR January 1 to December 31  FOR OFFICIAL USR ONLY THIRD MUNIGIPAL DEVELOPMENT PROJECT Loan and Pro2lct SuMmXy Aorrower: Republic of the Philippines Bantficianr.: Local Governments Amount: US$68 million equivalent TegM