I OFFICIAL                       P/
DOCUMENTS
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 for (Dasu Hydropower Stage I Project) to Islamic
Republic of Pakistan.
The undersigned Committee 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 Islamic Republic of Pakistan (the Recipient) a credit in an amount
equivalent to two hundred fifty six million nine hundred thousand Special Drawing
Rights (SDR 256,900,000) ("Portion A of the Credit"). The purpose of said credit is to
facilitate the expansion of electricity supply of hydro-power in Pakistan.
1.     The Committee has carefully studied the merits of the proposal to grant such a
credit, and of the purposes to which the proceeds 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 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 Islamic Republic of Pakistan and is of high
developmental priority in the light of the needs of Islamic Republic of Pakistan.


Islamic Republic of Pakistan  -2 -        (Dasu Hydropower Stage I 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 the
Islamic Republic of Pakistan
egional Vice President
South Asia Region
Dated at Washington, D.C.