OFFICIAL                Hql13-kX
                                          IDOCUMENTS
                        RECOMMENDATION OF STATUTORt 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 Financingfor the Corridor Highway Project to the Republic of
             Yemen.


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 extends to the Republic of Yemen a grant in an

amount equivalent to SDR 86,300,000. The purpose of said grant is improved transport connectivity and

safety in the targeted section of the transport corridor between Aden and Taiz in the territory of the

Recipient.




1.      The Committee has carefully studied the merits of the proposal to extend such a financing, and of

the purpose to which the proceeds of the financing are to be applied.




2.      The Committee is of the opinion that the project toward the financing of which the proceeds of such

financing 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

Republic of Yemen and is of high developmental priority in the light of the needs of the Republic of Yemen.




3.      Accordingly, the Committee finds that said project merits financial assistance from the Association,

and hereby recommends said project for such assistance.
 Republic of Yemen          -2 -                       Corridor Highway Project



                                   COMMITTEE




                                     Senior Vice President and Grou4 General Nbunsel




                                            N     ne    elected by the Governor for the
                                                                    Republic of Yemen




                                                               RegidalW'gce President
                                                          M die Ea tkan    orth Africa




Dated at Washington, D.C.