INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENTLoan Agreement • December 15th, 2004
Contract Type FiledDecember 15th, 2004WHEREAS (A) the Bank has received the "Letter of Intent on the Development of Economic Conditions Concerning Industrial Restructuring in Hungary" dated May 6, 1986, and the letter on "Statement concerning the Development of Economic Conditions for Industrial Restructuring in Hungary" dated May 8, 1987, both from the Government of the Hungarian People’s Republic describing a program of objectives, policies and actions designed to achieve structural adjustment of the industrial sector of the economy (the Program) of the Hungarian People’s Republic (the Guarantor);