RECOMMENDATION OF STATUTORY COMMITTEE TO: The President, Internationa Development Association Recommendation of the Committee under Section 1 (d) of Article V of the Articles of Agreement on the proposec Credit (Secondary Education Improvement Project) to the Co-operative Republic of Cuyana. The undersigned Commil tee constituted under Section 1 (d) of Article V of the Articles of Agreement of International Development Association (the Association) hereby submits its recommendation pursuant to said Section in respect of the proposal that the Association grant to Co-operative Republic of Guyaia (the Recipient), a credit in an amount equivalent to SDR $6,500,000. The purposes of saic credit are to: (i) strengthen the capacity of secondary school mathematics teachers nationwid!; and (ii) increase enrollment in general secondary schools in targeted regions. 1. The Committee has carefully studied the merits of the proposal to grant such a credit, and of the purposes to which the proceds of the 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 bc 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 Co-operative Republic of Guyana and is of high developmental priority in the light of the needs oIthe Co-operative Republic of Guyana. -2- Co-operative Republic of Guyina (Secondary Education Improvement Project) 3. Accordingly, the Comir ittee finds that said Project merits financial assistance from the Association, and hereby recomminends said Project for such assistance. COMMITTEE Senior Vice President and Group General Counsel N inee Selected by Governor for he Co-ope *ve Republic of Guyana Regional Vice President merica and the Caribbean Dated at Washington, D. C.