Conformed Copy - C3006 - Urban Development and Decentralization Program - Development Credit Agreement

Page 1 CONFORMED COPY CREDIT NUMBER 3006-SE Development Credit Agreement (Urban Development and Decentralization Program) between REPUBLIC OF SENEGAL and INTERNATIONAL DEVELOPMENT ASSOCIATION Dated December 29, 1997 CREDIT NUMBER 3006-SE DEVELOPMENT CREDIT AGREEMENT AGREEMENT, dated December 29, 1997, between REPUBLIC OF SENEGAL (the Borrower) and INTERNATIONAL DEVELOPMENT ASSOCIATION (the Association). WHEREAS (A) the Borrower, having satisfied itself as to the feasibility and priority of the Project described in Schedule 2 to this Agreement, has requested the Association to assist in the financing of the Project; (B) the Association has received a letter in October 1996, from the Borrower describing a program of actions, objectives and policies designed to facilitate the Borrower