rOFFICIAL a-R 5368 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 Additional Credit (Additional Financing for Improving Community and Family Health Care Services Project) to the Republic of Nicaragua. 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 the Republic of Nicaragua an additional credit in an amount of ten million Dollars (USD10,000,000). The purpose of said additional credit is to provide additional funds to supplement the financial assistance furnished by the Association under the Financing Agreement (Improving Community and Family Health Care Services Project - Credit 48300-NI and Grant H6220-NI), dated December 9, 2010, between the Republic of Nicaragua and the Association. 1. The Committee has carefully studied the merits of the proposal to grant such an additional 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 additional credit are to be applied continues to come 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 Nicaragua, and is of high developmental priority in the light of the needs of the Republic of Nicaragua. -2- Republic of Nicaragua (Additional Financing for Improving Community and Family Health Care Services Project) 3. Accordingly, the Committee finds that said Project continues to merit financial assistance from the Association, and hereby recommends said Project for such additional assistance. COMMITTEE XSenior Vice President and Group General, ounsel Expert Selected by Governor for the Republic of Nicaragua Regional Vice President Latin America and the Caribbean Dated at Washington, D. C.