Project AgreementProject Agreement • January 28th, 2021
Contract Type FiledJanuary 28th, 2021WHEREAS (A) by the Development Credit Agreement dated December 11, 2003 and restated as of even date herewith between the Republic of Madagascar (the Borrower) and the Association, the Association has agreed to make available to the Borrower an amount in various currencies equivalent to one hundred four million and four hundred thousand Special Drawing Rights (SDR 104,400,000), on the terms and conditions set forth in the Development Credit Agreement, but only on condition that Madarail agree to undertake such obligations toward the Association as are set forth in this Agreement;