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Page 1 REPUBLIC OF THE PHILIPPINES December 11, 1998 International Bank for Reconstruction and Development 1818 H Street, N.W. Washington, D.C. 20433 United States of America Re: Loan No. 4413 PH (Third Rural Finance Project) Representations and Assurances on Procurement Dear Sirs: I am writing on behalf of Republic of the Philipines (the “Philippines