Common use of Actions Taken Under the Program Clause in Contracts

Actions Taken Under the Program. The actions taken by the Borrower under the Program include the following: The Borrower has defined the roles and responsibilities of MINAM in the evaluation of environmental impact assessments for large projects and key sectors pursuant to the issuance of the Borrower’s Supreme Decree No. 019-2009-MINAM (Regulation of the Law No.27446 for the National System of Environmental Impact Assessment). The Borrower, through MINAM, has approved the financial strategy of the Borrower’s Natural Protected Areas System (Plan Financiero del Sistema de Areas Naturales Protegidas por el Estado), pursuant to the issuance of the Borrower’s Presidential Resolution No. 123-2009-SERNANP. The Borrower has approved the Action Plan for Natural Protected Areas System (Plan Director), pursuant to the issuance of the Borrower’s Supreme Decree No. 016-2009-MINAM. The Borrower has issued regulatory measures to promote private sector financing and management of the Borrower’s national protected areas, as evidenced by: (i) SERNANP’s approval of “Guidelines for the Creation of Trust in National Protected Areas”; and (ii) the issuance of Supreme Decree No. 018-2009-MINAM which regulates tourism activities within the Borrower’s national protected areas. The Borrower has completed the publication and dissemination of SENAMHI’s website of daily real-time air quality monitoring data for the cities of Lima and La Oroya. The Borrower has: (i) approved the Directorial Resolution No. 173-2009-MEM-DGM which mandates the application of PERCAN’s methodology for the identification and prioritization of all mining environmental legacies in the Borrower’s territory; and (ii) approved a three year work program with budget for calendar year 2010 to identify, rank and manage mining environmental legacies. The Borrower, through MINEM, has: (a) issued a Ministerial Resolution No. 304-2008-MEM/DM which approved norms to regulate the process of participatory environmental monitoring and surveillance in mining exploitation activities; and (b) started the operation of at least forty initiatives of environmental participatory monitoring. The Borrower has issued the Supreme Decree No. 061-2009-EM which prohibits the supply of diesel with more than 50ppm of sulfur content in the cities of Lima and Callao. The Borrower has continued the promotion and implementation of vehicle conversions to natural gas, as evidenced by an allocation in the proposed budget for calendar year 2010. The Borrower has issued the Directorial Resolution No. 11645-2008-MTC/15 which regulates the implementation of a vehicle inspection and maintenance system, according to a timetable based on license plate numbers in the Lima metropolitan region. The Borrower has issued the Supreme Decree No. 021-2008-PRODUCE (Regulation of Legislative Decree No. 1084), which mandates: (a) the implementation of fishing quotas by vessel; (b) the implementation of the social compensation fund for fisheries; and (c) the implementation of the retirement pension fund for fisheries.

Actions Taken Under the Program. The actions taken by the Borrower Recipient under the Program include the following: The Borrower has defined Recipient has: ensured that the roles and responsibilities of MINAM recommendations for reducing post-harvest losses (made in the evaluation post harvest loss study, dated April 2008, undertaken by the University of environmental impact assessments Ghana), have been incorporated into MOFA’s sector plan for large projects FY 2010-2015, in form and key sectors pursuant substance satisfactory to the issuance of the Borrower’s Supreme Decree No. 019-2009-MINAM (Regulation of the Law No.27446 for the National System of Environmental Impact Assessment). The BorrowerAssociation, through MINAM, has approved the financial strategy of the Borrower’s Natural Protected Areas System (Plan Financiero del Sistema de Areas Naturales Protegidas por el Estado), pursuant thereby ensuring that these actions will be funded; taken actions to the issuance of the Borrower’s Presidential Resolution No. 123-2009-SERNANP. The Borrower has approved the Action Plan for Natural Protected Areas System (Plan Director), pursuant to the issuance of the Borrower’s Supreme Decree No. 016-2009-MINAM. The Borrower has issued regulatory measures to promote private sector financing and management of the Borrower’s national protected areas, as evidenced by: (i) SERNANP’s approval of “Guidelines for the Creation of Trust in National Protected Areas”; and (ii) the issuance of Supreme Decree No. 018-2009-MINAM which regulates tourism activities within the Borrower’s national protected areas. The Borrower has completed the publication and dissemination of SENAMHI’s website of daily real-time air quality monitoring data for the cities of Lima and La Oroya. The Borrower has: (i) approved the Directorial Resolution No. 173-2009-MEM-DGM which mandates the application of PERCAN’s methodology for the identification and prioritization of all mining environmental legacies in the Borrower’s territory; and (ii) approved a three year work program with budget for calendar year 2010 to identify, rank and manage mining environmental legacies. The Borrower, through MINEM, hasimplement its irrigation policy including: (a) issued the conduct of a Ministerial Resolution No. 304-2008-MEM/DM which approved norms survey of irrigation facilities to regulate the process establish a baseline directory of participatory environmental monitoring and surveillance in mining exploitation activitiesexisting irrigation schemes; and (b) started the operation adoption by MOFA of at least forty initiatives an action plan for increasing the management of environmental participatory monitoring. The Borrower has issued irrigation facilities by water user associations, all in form and substance satisfactory to the Supreme Decree No. 061-2009-EM which prohibits Association; adopted an action plan for improving access to agricultural credit, in form and substance satisfactory to the supply of diesel Association; prepared, in form and substance satisfactory to the Association, a fisheries and aquaculture policy, following consultations with more than 50ppm of sulfur content stakeholders; demonstrated a continued commitment to increasing private sector participation in the cities of Lima and Callao. The Borrower has continued the promotion and implementation of vehicle conversions to natural gas, as evidenced by an allocation in the proposed budget for calendar year 2010. The Borrower has issued the Directorial Resolution No. 11645-2008-MTC/15 which regulates the implementation of a vehicle inspection and maintenance system, according to a timetable based on license plate numbers in the Lima metropolitan region. The Borrower has issued the Supreme Decree No. 021-2008-PRODUCE (Regulation of Legislative Decree No. 1084), which mandatesagriculture through: (a) competitive recruitment of the implementation management of fishing quotas by vessel“Shed 9 Multipurpose Fruit Terminal” at Tema, with the facility being utilized on a commercial basis; and (b) facilitation of contractual arrangements between small holders and the private sector by maintaining and using a web-based database on out-growers, all in form and substance satisfactory to the Association; ensured that MOFA has adopted a sustainable agricultural land management strategy, in form and substance satisfactory to the Association; prepared a strategic environmental assessment, in form and substance satisfactory to the Association, to identify actions needed for the implementation of the social compensation fund Recipient’s revised food and agriculture sector development policy; ensured that MOFA has completed a public expenditure and institutional review to inform its institutional performance and reforms, including the identification of areas for fisheriesimprovements in the short and medium term, in form and substance satisfactory to the Association; and (c) the implementation released at least 80 percent of the retirement pension fund committed national budget for fisheriesFY 2008 to Items 3 and 4 (respectively, Services and Investment, in accordance with the Recipient’s expenditure classification systems) and released at least 60 percent of FY 2009 allocation for the said items 3 and 4 by the third quarter of FY 2009.

Actions Taken Under the Program. The actions taken by the Borrower under the Program include the following: The Borrower Borrower’s Cabinet has defined passed a decision to: (i) eliminate tax exemptions issued under said Cabinet’s authority that do not provide for a specific duration or amount for the roles exemption; (ii) consider any new tax exemptions on condition that there is a sound framework that identifies the rationale for said tax exemptions, as well as consider the costs of the foregone revenues, and responsibilities establish a specified duration for the tax exemptions; and (iii) clarify that no tax exemptions will be proposed outside the main legislative framework for taxation. The Borrower’s Prime Minister has issued the 2010 Budget Circular, including: (i) the medium-term fiscal parameters for 2010-2012, with a revised budget for the fiscal year 2009, as a baseline in which 2009 public expenditures, other than subsidies, are reduced by at least 4.0 percentage points of MINAM Gross Domestic Product (GDP), in accordance with the revised 2009 Budget Circular; and (ii) a comprehensive policy framework that includes stable wage and salary expenditures in terms of GDP compared to the fiscal years 2008-2009, and the termination of the remaining subsidies for oil derivatives and barley, including the resulting expenditure ceiling which translates into a lower budget deficit before any grants by at least 1.0 percentage point of GDP in 2010 over 2009. The Borrower’s Ministry of Finance has adopted an enhanced budget calendar to strengthen the initial strategic phase of budget preparation, and such calendar shall guide the review of budget performance, budget strategies and budget priorities as well as the evaluation of environmental impact assessments medium-term spending requirements, and shall set forth provisions for large projects Cabinet level consultations in the first quarter of each fiscal year on key parameters and key sectors pursuant to issues underlying the issuance development of the Medium Term Expenditure Framework (MTEF) based on a Budget Policies and Priorities Paper. The Central Bank of Jordan has completed a first-run of stress testing on the aggregate banking sector balance sheet and has issued guidelines on stress testing to individual banks; and the first-run stress testing by a select group of banks has been completed. The Borrower’s Supreme Decree NoCabinet has approved a draft Credit Bureau Law that provides for the public availability of adequate and timely borrower-credit information, concerning both banking and non-bank borrowers, and that gives such borrowers the right to verify said information. 019-2009-MINAM The Borrower’s Cabinet has approved a draft Company Law that: (Regulation i) abolishes the minimum capital requirements for limited liability companies; and (ii) eliminates the requirement for depositing fifty (50) percent of the capital of limited liability companies in commercial banks. The Borrower’s Cabinet has approved a draft Bankruptcy and Insolvency Law No.27446 that provides for the National System priority order of Environmental Impact Assessment)secured creditors in banckruptcy cases. The Borrower has set up specialized commercial court divisions at eight courts outside Greater Amman to improve the resolution of business disputes. The Borrower has adopted a program, as part of the broader framework provided for under the draft Social Security Law, to provide unemployment insurance benefits to members of the Social Security Corporation, which benefits consist of: (a) a flexible mechanism of unemployment insurance savings accounts financed by contributions from employers and employees; (ii) the use of balances in savings accounts or borrowing from accumulated pension rights with limits to be determined by regulation; and (iii) coverage for all Social Security Corporation members after a minimum vesting period to be determined by regulation. The Borrower, through MINAMits National Aid Fund (NAF), has approved initiated testing of a new targeting mechanism that is envisaged under the financial strategy of the Borrower’s Natural Protected Areas System (Plan Financiero del Sistema de Areas Naturales Protegidas por el Estado)NAF Renewal Action Plan, pursuant to the issuance of the Borrower’s Presidential Resolution No. 123-2009-SERNANP. The Borrower has approved the Action Plan for Natural Protected Areas System (Plan Director), pursuant to the issuance of the Borrower’s Supreme Decree No. 016-2009-MINAM. The Borrower has issued regulatory measures to promote private sector financing and management of the Borrower’s national protected areas, as evidenced byincluding: (i) SERNANP’s approval the drafting of “Guidelines revised and/or improved questionnaires for the Creation of Trust in National Protected Areas”such targeting; and (ii) the issuance collection of Supreme Decree No. 018-2009-MINAM which regulates tourism activities within data from at least 2,000 households out of the Borrower’s national protected areas. The Borrower has completed the publication and dissemination of SENAMHI’s website of daily real-time air quality monitoring data for the cities of Lima and La Oroya. The Borrower has: (i) approved the Directorial Resolution No. 173-2009-MEM-DGM which mandates the application of PERCAN’s methodology for the identification and prioritization of all mining environmental legacies in the Borrower’s territorytargeted 6,000 households; and (iii) the development and population of a database using the data referred to in (ii) approved a three year work program with budget for calendar year 2010 to identify, rank and manage mining environmental legacies. The Borrower, through MINEM, has: (a) issued a Ministerial Resolution No. 304-2008-MEM/DM which approved norms to regulate the process of participatory environmental monitoring and surveillance in mining exploitation activities; and (b) started the operation of at least forty initiatives of environmental participatory monitoring. The Borrower has issued the Supreme Decree No. 061-2009-EM which prohibits the supply of diesel with more than 50ppm of sulfur content in the cities of Lima and Callao. The Borrower has continued the promotion and implementation of vehicle conversions to natural gas, as evidenced by an allocation in the proposed budget for calendar year 2010. The Borrower has issued the Directorial Resolution No. 11645-2008-MTC/15 which regulates the implementation of a vehicle inspection and maintenance system, according to a timetable based on license plate numbers in the Lima metropolitan region. The Borrower has issued the Supreme Decree No. 021-2008-PRODUCE (Regulation of Legislative Decree No. 1084), which mandates: (a) the implementation of fishing quotas by vessel; (b) the implementation of the social compensation fund for fisheries; and (c) the implementation of the retirement pension fund for fisheriesabove.

Actions Taken Under the Program. The actions taken by Coordinating Ministry for the Borrower under Economy has completed an inter-ministerial review and convened a ministerial-level plenary session (Letter No. UND-95/SES.M.EKON/06/2009) which has reviewed and endorsed the Program include draft of a new regulation on the following: Investment Negative List that updates sector and investment restrictions, and clarifies the status of publicly listed companies, foreign equity limits for direct investment and grandfathering. The Borrower President has defined issued implementing regulations for the roles 2007 Investment Law, on one stop shops (PTSP) (Presidential Regulation No.27), simplifying the steps required to set up a domestic or foreign company and responsibilities the role of MINAM the central government relative to provincial and local governments in approving or licensing domestic or foreign direct investment. The National Single Window technical team has submitted a draft proposal (S-02/SA.IV.M.EKON/NSW/08/2009) for the evaluation of environmental impact assessments operational model for large projects and key sectors pursuant the National Single Window to the issuance of Coordinating Minister for the Borrower’s Supreme Economy for inter-ministerial discussion and decision. The DG Tax has issued a decree (Decree No. 01947) allowing recognition of digital signatures for individual taxpayer registration and for filing personal income tax returns. The DG Tax has issued a decree (PER-39/PJ) implementing new simplified standard formats capturing key financial indicators and annual tax returns from all types of businesses, and eliminating the need for taxpayers to submit separate financial statements. The Minister of Finance has issued a regulation (PMK No.222/2008) on credit guarantee and re-2009guarantee companies. The Ministry of Finance and BAPPENAS have developed a revised program structure for RPJMN 2010-MINAM 2014 with measurable results and targets, draft corresponding key performance indicators for all budget holders and finalized requisite regulations and formats (Regulation of the Law No.27446 for the National System of Environmental Impact AssessmentDecree No. 014/M.PPN/06/2009). The BorrowerDG Treasury has implemented next day daily sweep of revenue accounts into the Treasury Single Account for all commercial banks. The DG Treasury has signed the contract for the new treasury and budget system (SPAN) (Contract Number 02/GFMRAP/A.3/CON/2009). The National Public Procurement Office (LKPP) has submitted (Letter No. 03/D.1/VIII/2009) to line ministries for inter-departmental review a revised Keppres No. 80/2003 on procurement, through MINAM, mandating the use of standard bidding documents. BAPPENAS has approved continued (Reference No. 4829/D.III/08/2009) to use poverty targeting in determining the financial strategy size of the Borrower’s Natural Protected Areas System (Plan Financiero del Sistema de Areas Naturales Protegidas por el Estado), pursuant to sub-district community block grants under PNPM and increased the issuance average size of the Borrower’s Presidential Resolution No. 123-2009-SERNANP. The Borrower has approved the Action Plan for Natural Protected Areas System (Plan Director), pursuant to the issuance of the Borrower’s Supreme Decree No. 016-2009-MINAM. The Borrower has issued regulatory measures to promote private sector financing and management of the Borrower’s national protected areas, as evidenced by: (i) SERNANP’s approval of “Guidelines block grant for the Creation of Trust in National Protected Areas”; and (ii) the issuance of Supreme Decree No. 018poorest sub-2009-MINAM which regulates tourism activities within the Borrower’s national protected areas. The Borrower has completed the publication and dissemination of SENAMHI’s website of daily real-time air quality monitoring data for the cities of Lima and La Oroya. The Borrower has: (i) approved the Directorial Resolution No. 173-2009-MEM-DGM which mandates the application of PERCAN’s methodology for the identification and prioritization of all mining environmental legacies in the Borrower’s territory; and (ii) approved a three year work program with budget for calendar year 2010 to identify, rank and manage mining environmental legacies. The Borrower, through MINEM, has: (a) issued a Ministerial Resolution No. 304-2008-MEM/DM which approved norms to regulate the process of participatory environmental monitoring and surveillance in mining exploitation activities; and (b) started the operation of at least forty initiatives of environmental participatory monitoring. The Borrower has issued the Supreme Decree No. 061-2009-EM which prohibits the supply of diesel with more than 50ppm of sulfur content in the cities of Lima and Callao. The Borrower has continued the promotion and implementation of vehicle conversions to natural gas, as evidenced by an allocation in the proposed budget for calendar year 2010. The Borrower has issued the Directorial Resolution No. 11645-2008-MTC/15 which regulates the implementation of a vehicle inspection and maintenance system, according to a timetable based on license plate numbers in the Lima metropolitan region. The Borrower has issued the Supreme Decree No. 021-2008-PRODUCE (Regulation of Legislative Decree No. 1084), which mandates: (a) the implementation of fishing quotas by vessel; (b) the implementation of the social compensation fund for fisheries; and (c) the implementation of the retirement pension fund for fisheriesdistricts.

Actions Taken Under the Program. The actions taken by the Borrower under the Program include the following: The Borrower has defined the roles and responsibilities of MINAM in the evaluation of environmental impact assessments for large projects and key sectors pursuant to the issuance of the Borrower’s Supreme Decree issued a Presidential Regulation (Perpres No. 019-2009-MINAM (Regulation 36/2010) on the Investment Negative List which updates restrictions on investment, including preferential treatment for ASEAN investors, and clarifies the grandfather clause, the treatment of the Law No.27446 for the National System of Environmental Impact Assessment). The Borrowerpublicly listed companies, through MINAM, has approved the financial strategy of the Borrower’s Natural Protected Areas System (Plan Financiero del Sistema de Areas Naturales Protegidas por el Estado), pursuant to the issuance of the Borrower’s Presidential Resolution No. 123-2009-SERNANPand mergers and acquisitions. The Borrower has approved the Action Plan for Natural Protected Areas System (Plan Director), pursuant submitted to the issuance of President a draft Presidential Regulation on the Borrower’s Supreme Decree No. 016-2009-MINAMnational logistics system (Sislognas) development blueprint. The Borrower has issued regulatory measures to promote private sector financing advertisements (invitations for bids) for XXXXXX procurement as an initial step in the development of business process improvements and management of a new integrated information system. The Borrower has (a) implemented a revised program structure with measurable results and targets aligned with the organizational structure in the Borrower’s National Medium Term Development Plan (RPJM) for 2010-2014; and (b) based both indicative ceilings and budget proposals (RKA-KL) from all Line Ministries for the Fiscal Year 2011 budget on the revised structure. The Borrower has finalized academic papers for a draft procurement law and prepared a draft of the procurement law, ready for the public consultation process. BPKP has submitted to the Ministry of Finance a draft Presidential Regulation on government internal audit systems as required by Article 58 of Government Regulation No. 60/2008. The Ministry of Finance has submitted to the President the draft Government Regulation on accrual-based accounting. The Borrower has established an inter-ministerial National Team for the Acceleration of Poverty Reduction (National Team) by Presidential Regulation (Perpres 15/2010). The Borrower has revised the methodology to calculate the national protected areaspoverty line by: (a) completing national poverty line simulations using alternative measurement methodologies; (b) conducting internal consultations in BPS and key government stakeholders to identify a poverty measurement methodology for consideration; and (c) holding external consultations about the implications of adopting the revised methodology with universities, NGOs and key Line Ministries. The Borrower has strengthened PNPM fiduciary systems as evidenced outlined in the action plan dated February 16, 2010 by: (i) SERNANP’s approval of “Guidelines for having documented and publicized major complaints and the Creation of Trust in National Protected Areas”steps taken to address these; and (ii) the issuance BPKP in partnership with the BAWASDA having been explicitly tasked with the systematic auditing of Supreme Decree No. 018-2009-MINAM which regulates tourism activities within the Borrower’s national protected areas. The Borrower has completed the publication and dissemination of SENAMHI’s website of daily real-time air quality monitoring data for the cities of Lima and La Oroya. The Borrower has: (i) approved the Directorial Resolution No. 173-2009-MEM-DGM which mandates the application of PERCAN’s methodology for the identification and prioritization of all mining environmental legacies in the Borrower’s territoryPNPM funds; and (ii) approved a three year work program with budget for calendar year 2010 to identify, rank and manage mining environmental legacies. The Borrower, through MINEM, has: (a) issued a Ministerial Resolution No. 304-2008-MEM/DM which approved norms to regulate the process of participatory environmental monitoring and surveillance in mining exploitation activities; and (b) started the operation of at least forty initiatives of environmental participatory monitoring. The Borrower has issued the Supreme Decree No. 061-2009-EM which prohibits the supply of diesel with more than 50ppm of sulfur content in the cities of Lima and Callao. The Borrower has continued the promotion and implementation of vehicle conversions to natural gas, as evidenced by an allocation in the proposed budget for calendar year 2010. The Borrower has issued the Directorial Resolution No. 11645-2008-MTC/15 which regulates the implementation of a vehicle inspection and maintenance system, according to a timetable based on license plate numbers in the Lima metropolitan region. The Borrower has issued the Supreme Decree No. 021-2008-PRODUCE (Regulation of Legislative Decree No. 1084), which mandates: (aiii) the implementation Ministry of fishing quotas by vessel; (b) Home Affairs and the implementation Ministry of Public Works having submitted quarterly reports detailing the social compensation fund for fisheries; status of all known complaints to the National Team and (c) to the implementation of the retirement pension fund for fisheriesJoint Management Committee members.

Actions Taken Under the Program. The actions taken by the Borrower Recipient under the Program include the following: The Borrower has defined Private Sector Development Adoption by the roles ministry of the Recipient in charge of urbanism of new procedures for issuing a building permit, so as to reduce the time and responsibilities cost involved in securing a building permit. Inclusion of MINAM a CFAF 45 billion appropriation for road maintenance in the evaluation 2010 Finance Law of environmental impact assessments for large projects and key sectors pursuant to the Recipient. Human Development Reconfirmation through the issuance of implementing regulations (Circulaire) by the Borrower’s Supreme Decree No. 019Ministry of Education of a competitive recruitment system for all contractual teachers, including quantitative benchmarks for the phase-2009-MINAM (Regulation out over three years of the Law No.27446 “quotas sécuritaires” recruitment. Adoption of the national strategy for extending health risk coverage by an Arrêté interministériel cosigned by the ministries of the Recipient in charge of health, economy and finance and labor. Mitigating Vulnerabilities Disclosure by the ministry of the Recipient in charge of fisheries of existing fishing agreements (or assimilated contracts) on a government website. Governance Issuance by the Prime Minister of the Recipient of implementing regulations allowing the examination of the approved budgets and of the previous year's financial reports of public entities. Issuance of instructions by the ministry of the Recipient in charge of economy and finance mandating the publication on its website of budget execution tables on a monthly basis and a budget execution report on a quarterly basis within 30 days of the end of the relevant period, so as to enhance transparency in budget execution. Adoption through an Arrêté of the ministry of the Recipient in charge of economy and finance of a new organigram for the National System of Environmental Impact Assessment)Tax Directorate, including the Cadastre and Domaines departments. The Borrower, through MINAM, has approved Submission to the financial strategy Audit Office (Cour des Comptes) of the Borrower’s Natural Protected Areas System (Plan Financiero del Sistema de Areas Naturales Protegidas por el Estado), pursuant budget execution laws up to 2008 and submission to the issuance Parliament of the Borrower’s Presidential Resolution Noexecution laws reviewed by the Audit office (Cour des Comptes) from 1999 to 2002. 123-2009-SERNANP. The Borrower has approved Adoption by the Action Plan for Natural Protected Areas System (Plan Director), pursuant to the issuance ARMP Council of the Borrower’s Supreme Decree No. 016-2009-MINAM. The Borrower has issued revised procurement regulatory measures framework to promote private sector financing and management of address the Borrower’s national protected areas, as evidenced by: (i) SERNANP’s approval of “Guidelines for the Creation of Trust in National Protected Areas”; and (ii) the issuance of Supreme Decree No. 018-2009-MINAM which regulates tourism activities within the Borrower’s national protected areas. The Borrower has completed the publication and dissemination of SENAMHI’s website of daily real-time air quality monitoring data for the cities of Lima and La Oroya. The Borrower has: (i) approved the Directorial Resolution No. 173-2009-MEM-DGM which mandates the application of PERCAN’s methodology for the identification and prioritization of all mining environmental legacies remaining issues identified in the Borrower’s territory; and public procurement assessment (ii) approved a three year work program with budget for calendar year 2010 to identify, rank and manage mining environmental legacies. The Borrower, through MINEM, has: (a) issued a Ministerial Resolution No. 304UCS-2008-MEM/DM which approved norms to regulate the process of participatory environmental monitoring and surveillance in mining exploitation activities; and (b) started the operation of at least forty initiatives of environmental participatory monitoring. The Borrower has issued the Supreme Decree No. 061-2009-EM which prohibits the supply of diesel with more than 50ppm of sulfur content in the cities of Lima and Callao. The Borrower has continued the promotion and implementation of vehicle conversions to natural gas, as evidenced by an allocation in the proposed budget for calendar year 2010. The Borrower has issued the Directorial Resolution No. 11645-2008-MTC/15 which regulates the implementation of a vehicle inspection and maintenance system, according to a timetable based on license plate numbers in the Lima metropolitan region. The Borrower has issued the Supreme Decree No. 021-2008-PRODUCE (Regulation of Legislative Decree No. 1084stage 1 report), which mandates: (a) the implementation of fishing quotas by vessel; (b) the implementation of the social compensation fund for fisheries; and (c) the implementation of the retirement pension fund for fisheries.

Actions Taken Under the Program. The actions taken by the Borrower under the Program Program, aimed to enhance performance of social sectors to promote human capital for the poor, include the following: The Borrower has defined Issued Presidential Decree No. 118-09 dated February 14, 2009, establishing the roles legal and responsibilities of MINAM in regulatory framework for the evaluation of environmental impact assessments for large projects restructuring and key sectors pursuant to the issuance strengthening of the Borrower’s Supreme Decree social protection system as well as mandating social protection programs to be organized as non-conditional cash transfers, targeted subsidies, and cash transfers conditioned to the investment in human capital by poor families. Issued, through its Vice-President’s office (acting as head of the Social Cabinet), Resolution No. 01901-01 dated March 9, 2009; Resolution No. 02-MINAM (Regulation 09 dated March 12, 2009 and Resolution 04-09 of August 31, 2009, strengthening the institutional framework and operative rules of the Law No.27446 CCT Solidaridad Program, through: (i) the creation of an inter-institutional Committee for the National System coordination of Environmental Impact Assessmentall policy actions to be developed in the social protection sector; (ii) the creation of an Inter-agency Committee, for the coordination of all policy actions to be developed for the health, education and nutrition sectors; and (iii) the approval of two new manuals: the first on cross-cutting processes to be applied to all social programs, and the second on the operative rules applicable to the CCT Solidaridad Program. Issued, through its Secretary of Education, Resolution No. 3126-2009 dated August 14, 2009, validating the student evaluation standards for pre-primary education and the first cycle of basic education, as well as ordering the mandatory use of performance indicators (indicadores de logro) for the third cycle of the initial level and first cycle of the basic level in all public and private schools. Issued, through its Vice-President’s office (acting as head of the Social Cabinet), Resolution No. 06-09 dated September 17, 2009 approving the Borrower’s plan to expand the network of institutions affiliated to the CCT Solidaridad Program (to include the Abasto Social network, including colmados or corner grocery shops). The Borrower, through MINAMits Vice-President’s office (acting as head of the Social Cabinet), has approved prepared and thereafter informed its Finance Secretary, through an official letter dated September 17, 2009, an assessment quantifying and estimating the financial strategy costs of supply-gaps linked to the redesign of the CCT Solidaridad Program, covering: (a) the provision of education services and related inputs (didactic materials); (b) the provision of primary health care services including access to essential medicines; and (c) the provision of micronutrients (iron and folic acid), prioritizing CCT Solidaridad beneficiaries, specifically pregnant women and children under two years old. The Borrower, through its State Secretariat of Finance, has taken the necessary measures to ensure that sufficient funds will be included on the Borrower’s Natural Protected Areas System (Plan Financiero del Sistema de Areas Naturales Protegidas por el Estado), pursuant 2010 Budget Law to cover the supply-gaps linked to the issuance redesign of the Borrower’s Presidential Resolution No. 123-2009-SERNANP. The Borrower has approved CCT Solidaridad Program identified in the Action Plan for Natural Protected Areas System (Plan Director)assessment referred to in paragraph 5 of this Section, pursuant to the issuance of the Borrower’s Supreme Decree No. 016-2009-MINAM. The Borrower has issued regulatory as well as special measures to promote private sector financing and management of the Borrower’s national protected areasensure that those funds are disbursed in a timely fashion, as evidenced by: (ia) SERNANPofficial letter Xx. 0000000 dated September 22, 2009 from the Borrower’s approval General Director of “Guidelines for Public Credit to the Creation Sub-secretary of Trust in National Protected Areas”the Treasury; (b) official letter No. 5697 from the Borrower’s Sub-secretary of the Treasury to XXXX’s General Coordinator dated September 25, 2009; (c) official letter No. 1981 dated August 19, 2009, from the Borrower’s General Director of Budget to the Borrower’s General Director of Public Credit; and (iid) the issuance of Supreme Decree official letters No. 018-2009-MINAM which regulates tourism activities within 5689, 5688 and 5687 dated September 23, 2009 from the Borrower’s national protected areas. The Borrower has completed the publication and dissemination Secretary of SENAMHI’s website of daily real-time air quality monitoring data for the cities of Lima and La Oroya. The Borrower has: (i) approved the Directorial Resolution No. 173-2009-MEM-DGM which mandates the application of PERCAN’s methodology for the identification and prioritization of all mining environmental legacies in Finance to the Borrower’s territory; Secretaries of Education and (ii) approved a three year work program with budget for calendar year 2010 to identifyof SESPAS, rank and manage mining environmental legaciesthe Borrower’s Vice-President, respectively. The Borrower, through MINEMthe State Secretariat of Economy and the Secretariat of Public Administration, has: has completed an institutional diagnostic to assess the preparedness and capacity building needs for the introduction of performance agreements in the education and health sectors, as evidenced by official communication Xx. 0000000 dated September 22, 2009 from the State Secretary of Public Administration to the Borrower’s State Secretary of Economy, Planning and Development. The Borrower, through SESPAS, has signed internal management agreements (aConvenios de Gestión) issued with two of the Borrower’s regional health services, as evidenced by agreements entered into between SESPAS and the Regional Health Service Directorates of Cibao Central and El Xxxxx respectively, duly signed by the Borrower’s Secretary of SESPAS and the Director of the respective health service directorate before a Ministerial Resolution No. 304-2008-MEM/DM which approved norms to regulate the process of participatory environmental monitoring and surveillance in mining exploitation activities; and (b) started the operation of at least forty initiatives of environmental participatory monitoringnotary public on July 1, 2009. The Borrower has issued published electronically on the Supreme Decree No. 061CCT Solidaridad Program website, through its Social Cabinet, the list of CCT Solidaridad beneficiaries, as well as the results-2009-EM which prohibits the based needs assessment to cover supply gaps in health, education and nutrition sectors referred to in paragraph 5 of diesel with more than 50ppm of sulfur content in the cities of Lima and Callao. The Borrower has continued the promotion and implementation of vehicle conversions to natural gasthis Section, as evidenced by an allocation in official letter No. 00187 dated September 17, 2009 from the proposed budget for calendar year 2010Borrower’s Director of the Social Cabinet, informing other departments of said electronic publication, accompanied by a screenshot of said publication on the Solidaridad Program website (xxxx://xxx.xxxxxxxxxxx.xxx.xx/solidaridad/BrechasEducacionysalud.aspx). The Borrower has issued Borrower, through its Secretariat of Finance, Planning and Development, its Secretariat of Economy, its State Secretariat of Administration and its Office of the Directorial Resolution No. 11645Vice-2008-MTC/15 which regulates President (acting as head of the implementation of a vehicle inspection and maintenance system, according to a timetable based on license plate numbers in the Lima metropolitan region. The Borrower has issued the Supreme Decree No. 021-2008-PRODUCE (Regulation of Legislative Decree No. 1084Social Cabinet), which mandates: has signed a basic management agreement (aActa Acuerdo) agreeing on the implementation of fishing quotas by vessel; (b) policy and institutional strengthening actions needed to improve the implementation performance and accountability of the social compensation fund for fisheries; and (c) the implementation CCT Solidaridad Program, as evidenced by Acta Acuerdo duly signed by representatives of each of the retirement pension fund for fisheriesparties on September 21, 2009.

Actions Taken Under the Program. The actions taken by the Borrower under the Program Program, aimed to enhance performance of social sectors to promote human capital for the poor, include the following: The Borrower has defined Issued Presidential Decree No. 118-09 dated February 14, 2009, establishing the roles legal and responsibilities of MINAM in regulatory framework for the evaluation of environmental impact assessments for large projects restructuring and key sectors pursuant to the issuance strengthening of the Borrower’s Supreme Decree social protection system as well as mandating social protection programs to be organized as non-conditional cash transfers, targeted subsidies, and cash transfers conditioned to the investment in human capital by poor families. Issued, through its Vice-President’s office (acting as head of the Social Cabinet), Resolution No. 01901-01 dated March 9, 2009; Resolution No. 02-MINAM (Regulation 09 dated March 12, 2009 and Resolution 04-09 of August 31, 2009, strengthening the institutional framework and operative rules of the Law No.27446 CCT Solidaridad Program, through: (i) the creation of an inter-institutional Committee for the National System coordination of Environmental Impact Assessmentall policy actions to be developed in the social protection sector; (ii) the creation of an Inter-agency Committee, for the coordination of all policy actions to be developed for the health, education and nutrition sectors; and (iii) the approval of two new manuals: the first on cross-cutting processes to be applied to all social programs, and the second on the operative rules applicable to the CCT Solidaridad Program. Issued, through its Secretary of Education, Resolution No. 3126-2009 dated August 14, 2009, validating the student evaluation standards for pre-primary education and the first cycle of basic education, as well as ordering the mandatory use of performance indicators (indicadores de logro) for the third cycle of the initial level and first cycle of the basic level in all public and private schools. Issued, through its Vice-President’s office (acting as head of the Social Cabinet), Resolution No. 06-09 dated September 17, 2009 approving the Borrower’s plan to expand the network of institutions affiliated to the CCT Solidaridad Program (to include the Abasto Social network, including colmados or corner grocery shops). The Borrower, through MINAMits Vice-President’s office (acting as head of the Social Cabinet), has approved prepared and thereafter informed its Finance Secretary, through an official letter dated September 17, 2009, an assessment quantifying and estimating the financial strategy costs of supply-gaps linked to the redesign of the CCT Solidaridad Program, covering: (a) the provision of education services and related inputs (didactic materials); (b) the provision of primary health care services including access to essential medicines; and (c) the provision of micronutrients (iron and folic acid), prioritizing CCT Solidaridad beneficiaries, specifically pregnant women and children under two years old. The Borrower, through its State Secretariat of Finance, has taken the necessary measures to ensure that sufficient funds will be included on the Borrower’s Natural Protected Areas System (Plan Financiero del Sistema de Areas Naturales Protegidas por el Estado), pursuant 2010 Budget Law to cover the supply-gaps linked to the issuance redesign of the Borrower’s Presidential Resolution No. 123-2009-SERNANP. The Borrower has approved CCT Solidaridad Program identified in the Action Plan for Natural Protected Areas System (Plan Director)assessment referred to in paragraph 5 of this Section, pursuant to the issuance of the Borrower’s Supreme Decree No. 016-2009-MINAM. The Borrower has issued regulatory as well as special measures to promote private sector financing and management of the Borrower’s national protected areasensure that those funds are disbursed in a timely fashion, as evidenced by: (ia) SERNANPofficial letter Xx. 0000000 dated September 22, 2009 from the Borrower’s approval General Director of “Guidelines for Public Credit to the Creation Sub-secretary of Trust in National Protected Areas”the Treasury; (b) official letter No. 5697 from the Borrower’s Sub-secretary of the Treasury to PAFI’s General Coordinator dated September 25, 2009; (c) official letter No. 1981 dated August 19, 2009, from the Borrower’s General Director of Budget to the Borrower’s General Director of Public Credit; and (iid) the issuance of Supreme Decree official letters No. 018-2009-MINAM which regulates tourism activities within 5689, 5688 and 5687 dated September 23, 2009 from the Borrower’s national protected areas. The Borrower has completed the publication and dissemination Secretary of SENAMHI’s website of daily real-time air quality monitoring data for the cities of Lima and La Oroya. The Borrower has: (i) approved the Directorial Resolution No. 173-2009-MEM-DGM which mandates the application of PERCAN’s methodology for the identification and prioritization of all mining environmental legacies in Finance to the Borrower’s territory; Secretaries of Education and (ii) approved a three year work program with budget for calendar year 2010 to identifyof SESPAS, rank and manage mining environmental legaciesthe Borrower’s Vice-President, respectively. The Borrower, through MINEMthe State Secretariat of Economy and the Secretariat of Public Administration, has: has completed an institutional diagnostic to assess the preparedness and capacity building needs for the introduction of performance agreements in the education and health sectors, as evidenced by official communication Xx. 0000000 dated September 22, 2009 from the State Secretary of Public Administration to the Borrower’s State Secretary of Economy, Planning and Development. The Borrower, through SESPAS, has signed internal management agreements (aConvenios de Gestión) issued with two of the Borrower’s regional health services, as evidenced by agreements entered into between SESPAS and the Regional Health Service Directorates of Cibao Central and El Xxxxx respectively, duly signed by the Borrower’s Secretary of SESPAS and the Director of the respective health service directorate before a Ministerial Resolution No. 304-2008-MEM/DM which approved norms to regulate the process of participatory environmental monitoring and surveillance in mining exploitation activities; and (b) started the operation of at least forty initiatives of environmental participatory monitoringnotary public on July 1, 2009. The Borrower has issued published electronically on the Supreme Decree No. 061CCT Solidaridad Program website, through its Social Cabinet, the list of CCT Solidaridad beneficiaries, as well as the results-2009-EM which prohibits the based needs assessment to cover supply gaps in health, education and nutrition sectors referred to in paragraph 5 of diesel with more than 50ppm of sulfur content in the cities of Lima and Callao. The Borrower has continued the promotion and implementation of vehicle conversions to natural gasthis Section, as evidenced by an allocation in official letter No. 00187 dated September 17, 2009 from the proposed budget for calendar year 2010Borrower’s Director of the Social Cabinet, informing other departments of said electronic publication, accompanied by a screenshot of said publication on the Solidaridad Program website (xxxx://xxx.xxxxxxxxxxx.xxx.xx/solidaridad/BrechasEducacionysalud.aspx). The Borrower has issued Borrower, through its Secretariat of Finance, Planning and Development, its Secretariat of Economy, its State Secretariat of Administration and its Office of the Directorial Resolution No. 11645Vice-2008-MTC/15 which regulates President (acting as head of the implementation of a vehicle inspection and maintenance system, according to a timetable based on license plate numbers in the Lima metropolitan region. The Borrower has issued the Supreme Decree No. 021-2008-PRODUCE (Regulation of Legislative Decree No. 1084Social Cabinet), which mandates: has signed a basic management agreement (aActa Acuerdo) agreeing on the implementation of fishing quotas by vessel; (b) policy and institutional strengthening actions needed to improve the implementation performance and accountability of the social compensation fund for fisheries; and (c) the implementation CCT Solidaridad Program, as evidenced by Acta Acuerdo duly signed by representatives of each of the retirement pension fund for fisheriesparties on September 21, 2009.