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Summaries of Operations Approved During Fiscal 2007, Middle East and North Africa

Principal amount
(millions)

Country/project nameNetworkaDate of approval
Maturities
SDRbUS$

Djibouti
     
IDA Flood Emergency Rehabilitation Additional Financing Grant will rebuild the Ambouli Dike, which was damaged by the April 2004 floods.  Total cost: $2 millionSDN
02/22/07
n.a.1.42.0
 
Egypt, Arab Republic of
     
IBRD The Egypt Mortgage Financial Intermediary Loan will allow lenders to offer long-term, market-based mortgage loans for residential housing. Total cost: $208.6 millionFPD
07/06/06
2012/2026n.a.37.1
     
◊ IBRD The Egypt West Delta Water Conservation and Irrigation Rehabilitation Specific Investment Loan will improve the livelihood and increase the income of people in the project area and mitigate further environmental degradation. Total cost: $213 millionSDN
06/21/07
2015/2027n.a.145.0
 
Iraq
     
◊ IDA Dokan and Derbandikhan Emergency Hydro Power Emergency Recovery Credit will help alleviate the power supply shortage in the Kurdish region. Total cost: $40 millionSDN
12/12/06
2017/204127.040.0
     
◊ IDA Emergency Electricity Emergency Recovery Credit will help alleviate the power supply shortage. Total cost: $150 millionSDN
03/29/07
2017/204282.5124.0
 
Jordan
     
◊ IBRD Regional and Local Development Specific Investment Loan will help promote regionally balanced local development. Total cost: $50.5 millionSDN
12/19/06
2012/2023n.a.20.0
     
◊ IBRD Cultural Heritage, Tourism and Urban Development Specific Investment Loan will help strengthen the tourism industry, focusing on five key cities. Total cost: $71.1 millionSDN
01/30/07
2012/2023n.a.56.0
     
IBRD Amman East Power Plant Partial Risk Guarantee will help meet electricity needs in an economically and environmentally sustainable manner. Total cost: $300 millionSDN
03/13/07
n.a.n.a.45.0
 
Morocco
     
◊ IBRD The National Human Development Initiative (INDH) Specific Investment Loan will enhance the use of social and economic infrastructure and services by the poor. Total cost: $1,000 millionSDN
12/12/06
2012/2022n.a.100.0
     
◊ IBRD The Water Sector Development Policy Loan will support more efficient and sustainable water management and service delivery. Total cost: $100 millionSDN
05/01/07
2011/2023n.a.100.0
     
IBRD The Energy Sector Development Policy Loan will improve security, productivity, and policy monitoring in the energy market. Total cost: $100 millionSDN
05/29/2007
2011/2023n.a.100.0
 
Tunisia
     
◊ IBRD Tunisia West Sewerage Specific Investment Loan will improve the quality of sanitation services. Total cost: $71.9 millionSDN
07/06/06
2011/2023n.a.66.8
     
◊ IBRD The Sustainable Solid Waste Management Emergency Recovery Loan will strengthen municipal solid waste management. Total cost: $27.4 millionSDN
03/13/07
2012/2023n.a.22.0
 
Yemen, Republic of
     
◊ IDA Yemen Rainfed Agriculture and Livestock Specific Investment Credit will reduce poverty in rural areas and improve natural resource management. Total cost: $33.8 millionSDN
07/06/06
2016/204614.020.0
     
IDA Second Vocational Training Specific Investment Credit will improve the responsiveness of public training systems to employment needs and will help the Skills Development Fund to articulate and finance the training needs of enterprises. Total cost: $15 millionHDN
03/27/07
2017/204610.115.0
     
◊ IDA Third Social Fund for Development Additional Financing Specific Investment Credit will increase access to basic social services and improve the institutional mechanism for providing social services.  Total cost: $15.4 millionHDN
06/19/07
2017/20479.915.0


Total144.9907.9
 
Special Financingc
 
Lebanon
     
First Municipal Infrastructure Specific Investment Grant will restore basic services and rebuild public infrastructure in areas damaged during the 2006 hostilities. Total cost: $30 millionPREM
11/03/06
n.a.n.a.30.0
     
Emergency Bekaa Water Supply Emergency Recovery Grant will provide uncontaminated water by completely rehabilitating the area’s water network. Total cost: $15 millionSDN
03/20/07
n.a.n.a.15.0
     
Emergency Power Sector Reform Capacity Reinforcement Emergency Recovery Grant will help implement reforms to restructure the Lebanese Power Company and enhance its institutional capacity. Total cost: $8 millionSDN
03/19/2007
n.a.n.a.5.0
 
West Bank and Gaza
     
Avian and Human Influenza Prevention and Control Emergency Recovery Grant will improve emergency preparedness against the spread of the virus. Total cost: $10 millionSDN
09/07/06
n.a.n.a.10.0
     
Second Emergency Municipal Services Emergency Rehabilitation Loan will help improve delivery of essential municipal services, create job opportunities, and foster local government–nongovernmental organization collaborations. Total cost: $40.2 millionSDN
12/19/06
n.a.n.a.10.0
     
Third Palestinian NGO Specific Investment Loan will provide social services to the poor by improving nongovernmental organization social service delivery. Total cost: $17.6 millionSDN
12/19/06
n.a.n.a.10.0
     
Integrated Community Development Project (ICDP) Specific Investment Loan will support microprojects with an emphasis on access to basic social and economic services. Total cost: $5 millionSDN
12/19/06
n.a.n.a.5.0

Note: Total project cost includes funding from World Bank and non-Bank sources. ◊ denotes projects with actual involvement of civil society organizations in identification, preparation, and/or appraisal, and with intended civil society participation in the implementation, monitoring, and evaluation phases. n.a. = not applicable; c = IDA credit; g = IDA grant.
a. SDN = Sustainable Development Network; FPD = Financial and Private Sector Development; HDN = Human Development Network; PREM = Poverty Reduction and Economic Management.
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.
c. Financing provided by trust funds administered by the Bank.
 
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