Conformed Copy - C2937 - Structural Adjustment Credit - Interim Fund Credit Supplemental Letter

Page 1 March 14 , 1997 Vice Prime Minister in charge of Finance and Economy Antananarivo Madagascar Re: Interim Fund Credit No. N012-MAG (Structural Adjustment Credit) Interim Fund Development Credit Agreement (Article I, Section 1.01) List of Participating Countries Dear Sir: We refer to the Interim Fund Development Credit Agreement (the Agreement) of even date herewith between the Republic of Madagascar (the Borrower) and the International Development Association (the Association) as Administrator (the Administrator) of the interim trust fund (the Interim Fund) established with funds contributed by certain members of the Association pursuant to Resolution No. IDA 184 of the Board of Governors of the Association and, more particularly, to the definition of “Participating Countries