CBM Project AgreementCBM Project Agreement • November 22nd, 2022
WHEREAS (A) by the Development Credit Agreement of even date herewith between 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 twelve million one hundred thousand Special Drawing Rights (SDR 12,100,000) on the terms and conditions set forth in the Development Credit Agreement, but only on condition that CBM agrees to undertake such obligations toward the Association as are set forth in this Agreement;
