RECOMMENDATION OF STATUTORY COMMITTEE
TO:    The President, International Development Association
Recommendation of the Committee under Section 1 (d) of Article V of the Articles of
Agreement on the proposed Credit (Municipal Governance and Services Project) to the
People's Republic of Bangladesh.
The undersigned Committee constituted under Section 1 (d) of Article V of the Articles
of Agreement of the International Development Association (the Association) hereby submits its
recommendation pursuant to said Section in respect of the proposal that the Association grant to
the People's Republic of Bangladesh (the Recipient) an Credit iti an amount equivalent to
SDR 266,600,000. The purpose of the Project is to improve municipal governance and basic
urban services in participating Urban Local Bodies, and to improve the Recipient's capacity to
respond promptly and effectively to an Eligible Crisis or Emergency.
1.    The Committee has carefully studied the merits of the proposal to grant such a credit and
of the purpose to which the proceeds of the additional credit are to be applied.
2.     The Committee is of the opinion that the project toward the financing of which the
proceeds of such credit are to be applied comes within the purposes of the Association as set forth
in Article I of said Articles of Agreement, and that said project is designed to promote the
economic development of the People's Republic of Bangladesh, and is of high developmental
priority in the light of the needs of the People's Republic of Bangladesh.


People's Republic of Bangladesh      - 2 -     (Municipal Governance and
Services Project)
3.     Accordingly, the Committee finds that said project merits financial assistance from the
Association, and hereby recommends said project for such assistance.
COMMITTEE
.  Senior Vice President and
Group General Counsel
Nominee selected by Governor for
People's Republic of Bangladesh
Regional Vice President
South Asia
Dated at Washington, D.C.
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