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Summaries of Operations Approved During Fiscal 2006, Middle East & North Africa
        Principal amount
(millions)
Country/project nameNetworkaDate of
approval		MaturitiesSDRbUS$
           
Djibouti
           
• IDA School Access and Improvement Adaptable Program Credit will increase access to basic education and improve the quality and efficiency of the education system. Total cost: $11 millionHDN11/08/052016/20456.610.0
           
IDA Power Access and Diversification Specific Investment Credit will increase access and reliability of electricity services and improve efficiency of the electricity utility. Total cost: $7.3 millionINF11/01/052015/20454.77.0
           
Egypt, Arab Republic of
           
IBRD Financial Sector Development Policy Loan will support the development of a competitive financial sector with modern and effective financial services. Total cost: $500 millionFSE06/15/062014/2026n.a.500.0
           
• IBRD Second Pollution Abatement Financial Intermediary Loan will demonstrate the applicability of market-based financial/technical approaches to achieving significant pollution abatement. Total cost: $166 millionESSD03/23/062014/2026n.a.20.0
           
• IBRD El-Tebbin Power Specific Investment Loan will enhance energy supply and strengthen the performance of the power sector. Total cost: $449.6 millionINF02/16/062011/2025n.a.259.6
           
Iraq
           
• IDA Emergency Road Rehabilitation Credit will facilitate reconstruction, promote trade and economic integration, and benefit road users throughout the country. Total cost: $135 millionINF06/29/062016/204193.2135.0
           
IDA Third Education Emergency Recovery Credit will alleviate overcrowding through school construction and provide advice for broader school reform and reconstruction. Total cost: $100 millionHDN11/29/052016/204069.1100.0
           
Morocco
           
• IBRD Morocco Second Rural Roads Specific Investment Loan will increase the level of access to roads for the rural population. Total cost: $654 millionINF05/02/062012/2027n.a.60.0
           
IBRD Second Public Administration Development Policy Loan will continue to improve the effectiveness of public resource management. Total cost: $120 millionPREM03/23/062014/2026n.a.120.0
           
• IBRD Rural Water Supply and Sanitation Specific Investment Loan will increase rural access to potable water and promote improved wastewater management and hygiene. Total cost: $112.5 millionINF12/15/052012/2027n.a.60.0
           
IBRD Financial Sector Development Policy Loan will strengthen the legal and financial environment for financial and risk management and increase the private provision of financial services. Total cost: $200 millionFSE12/15/052014/2025n.a.200.0
           
Tunisia
           
• IBRD Second Higher Education Reform Support Sector Investment Loan will expand access to the public higher education system and support reforms to improve its quality and relevance. Total cost: $95.2 millionHDN06/15/062011/2023n.a.76.0
           
IBRD Urban Water Supply Specific Investment Loan will upgrade the water supply infrastructure and enhance competitiveness of the national water utility in Tunis and other urban centers. Total cost: $47.2 millionINF11/17/052011/2022n.a.38.0
           
Yemen, Republic of
           
• IDA Power Sector Specific Investment Credit will enhance the technical efficiency and quality of electricity supply while strengthening the sector’s corporate governance. Total cost: $75 millionINF05/23/062016/204635.050.0
           
• IDA Fisheries Resource Management and Conservation Specific Investment Credit will improve household incomes in fishing communities and develop the fisheries sector. Total cost: $32.3 millionESSD12/15/052016/204517.325.0
           
• IDA Second Rural Access Adaptable Program Credit will improve livelihoods and reduce isolation of the rural population through rural road improvement. Total cost: $49.9 millionINF11/08/052016/204526.640.0
           
Total      252.51,700.6
             
Note: Numbers may not add to totals because of rounding. • denotes projects with actual involvement of civil society organizations in identification, preparation, and appraisal, and with intended civil society participation in implementation, monitoring, and evaluation; n.a. = not applicable; c = IDA credit; g = IDA grant.
a. ESSD = Environmentally and Socially Sustainable Development; FSE = Financial Sector; HDN = Human Development; INF = Infrastructure; PREM = Poverty Reduction and Economic Management; PSDN = Private Sector Development.
b. IDA funds are denominated in Special Drawing Rights (SDRs), which are valued on the basis of a “basket” of currencies. The U.S. dollar equivalent of the SDR amount reflects the exchange rates in effect at the time of the negotiations of the credit or grant.
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