OFFICIAL RECOMMENDATION OF THE STATUTORKM ENTS TO: The President, International Development Association Recommendation of the nominee selected by (Republic of Chad) as a member of the Committee under Section 1 (d) of Article V of the Articles of Agreement on the proposed Grant (Economic Recovery and Resilience Development Policy Operation) to Republic of Chad The undersigned member of the Committee constituted under Section 1 (d) of Article V of the Articles of Agreement of International Development Association (the Association) hereby submits this recommendation pursuant to said Section in respect of the proposal that the Association grant to Republic of Chad grant in an amount equivalent to SDR 44,800,000 (forty-four million eight hundred thousand Special Drawing Rights. The purposes of said grant are to: (1) enhance fiscal risk management, (2) improve oil revenue transparency and management, (3) promote resilience and economic diversification in key real sectors, and (4) increase social protection for the poor, vulnerable and refugees. 1. The member of 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 credit are to be applied. 2. The member of the Committee is of the opinion that the program in support of which the proceeds of such grant 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 program is designed to promote the economic development of the Republic Chad and is of high developmental priority in the light of the needs of Republic of Chad. 3. Accordingly, the member of the Committee finds that said program merits financial assistance from the Association, and hereby recommends said program for such assistance. (/Nominee Selected by Governor for Republic of Chad Dated at Washington, D.C. Pit,~ U o .1-019