Madagascar - Second Structural Adjustment Credit

Document of The World Bank Report No: 26192 IMPLEMENTATION COMPLETION REPORT (PPFI-P7881; IDA-32180; IDA-32181; IDA-32182; PPFI-P7880) ON A CREDIT IN THE AMOUNT OF US$ 150.5 MILLION TO THE REPUBLIC OF MADAGASCAR FOR A STRUCTURAL ADJUSTMENT CREDIT II June 20, 2003 AFTP1 Africa Region  CURRENCY EQUIVALENTS (Exchange Rate Effective May 26, 2003) Currency Unit = Malagasy Francs Mgf 6,055.93 = US$ 1.00 US$ 0.000165 = Mgf 1.00 FISCAL YEAR July 1 June 30 ABBREVIATIONS AND ACRONYMS ACM Aviation Civile de Madagascar LCU Local Currency Unit AGOA African Growth and Opportunity Act LDP Letter of Development Policy BTM Rural Development Bank MCO Mining Cadastre Office (Bankin'ny Tantsaha Mpamokatra) CAB Current Account Balance Mgf Malagasy Francs CAS Country Assistance Strategy MoP Memorandum and Recommendations of the President CFCE Centre de Facilitation de Cr