Document of The Worid Ba.nk FOR OFFICIAL USE ONLY ~~Z Z Zf fe Rept N.o P-5322-PAK MEMORANDUM AND RECOtlMENDATION OF THE PRESIDENT OF THE INTERNATIONAL DEVELOPMENT ASSOCIATION TO THE EXECUTIVE DIRECTORS ON A PROPOSED CREDIT OF SDR 96.4 MILLION TO E ISLAMIC REPUBLIC OF PAKISTAN FOR A RURAL WATER SUPPLY AND SANITATION PROJECT APRIL 4, 1991 'Ids documet hba a resetrd al n ad may be wed by eipiet on In the performane of their offi dutes. Its contents may no othrwise be dscosed witbout ^Wo ak. auth nd CURRSNCY AID UIVALN MM Rupee (Rs) - 100 paisa US$ 1.00 - Rs 21.00 (December 1989) Rs 1.00 - US$ 0.0476 ABBRE91T;9N ADB - Asian Development Bank ADP - Annual Development Program AJK - Azad Jammu and Kasbmir CIDA - Canadian International Development Agency ECNEC - Executive Committee of the National Economic Council FY - Fiscal Year GOAJK - Government of Azad Jammu and Kashair GOB - Government of Balochistan GOP - Government of Pakistan GOS - Government of Sindh IDA - International Development Association LCB - Local Competitive Bidding MLGRD - Ministry of Local Government and Rural Development OAP - Operational *ttion Plan 3&ff - Operations and Maintenance PHED - Public Health Engineering Department PIRC - Policy Investment Review Committee RDD - Rural Development Department RWSS - Rural Water Supply and Sanitation SIP - Strategic Investment Plan a FISCAL YXAR July 1 - June 30 FOR OMCIL USE ONLY ISIAMIC REPUBLIC OF PA1CI-TW RURAL.WAER MML AND SANITAION POECT CRDIT AM PPOJECT SUMMARY Borrower: Islamic Republic of Pakistan * BenefX;igi#: Azad Jaumu & Kashmir Province of Balochistan Province of Sindh Amount: SDR 96.4 million (US$136.7 million) Terms: Standard, with 35 years maturity. On-Lending Terms: From the Government of Pakistan (GOP) to the Governments of Azad Jammu & Kashmir (GOAJK), Balochistan (GOB) and Sindh (GOS), on the same terms and conditions under which the Credit is received. FLnancing PLa: USS milILon Governments V US$ 47.4 Million Community US$ 10.1 Million IDA US$ 136.7 Nillion TOTAL US$ 194.2 Million Economic Rate of Return: 14X Staff Anraisal Renort: Report No. 8345-PAK V The Government of Azad Jammu and Kashair, the Government of the Province of Balochistan, and the Government of the Province of Sindh. This document has a restrited distribution and may be used by r .xipients only in the performance of their offcial duties. Its contents may not otherwise be diclosed without VoMdDank authoration. MEMORANDUM AND RECOMMENDATION OF THE PRESIDENT OF THE INTERNATIONAL DEVELOPMENT ASSOCIATION TO THE EXECUTIVE DIRECTORS ON A PROPOSED CREDIT TO THE ISLAMIC REPUBLIC OF PAKISTAN FOR A RURAL RATER SUPPIU AND SANITATION PROJECT 1. The following memorandum and recommendation on a proposed development * credit to the Islamic Republic of Pakistan for SDR 96.4 (US$136.7 million equivalent) is submitted for approval. The proposed credit would be on standard International Development Association (IDA) terms, with 35 years maturity, and help the Governments of Azad Jammu & Kashmir, Balochistan and Sindh finance the provision of drinking water and sanitation for rural communities. 2. Background. About 70X of Pakistan's population, currently estimated at 106 million, lives in rural areas. The rural population in general, and rural women in particular, are poor and deprived. Less than 40% have reasonable access to clean drinking water, and less than 51 have safe means of sanitation; diarrhea is the cause of death of over 300,000 children each year. Some 50X of rural drinking water is obtained through individual private means, ,nostly handpumps; the other half is from public sources. There is virtually no .,odern sanitation. 3. Access to other physical and social infrastructure remains disproportionately low for the rural population. Rural housing quality is poor, with people and animals crowded together in primitive conditions. Only 301 of the rural compared to 701 of the urban population has access to electricity. Coverage of health and education facAlities in rural areas is inadequate, and illiteracy rates, particularly for females, are high. Even in areas served by health facilities, utilization rates remain low because of the p.:'or quality of service which in itself is a consequence of the shortage of funds. 4. The task of improving basic social and infrastructure services for the increased demand created by the rapidly growing population (currently about 2.51 p.a. in rural areas) is difficult and costly. The social sector agenda in the Seventh Five-Year Plan calls for accelerating the pace of socio-economic development and reducing rural/urban inequities, among other things through improving rural water supply and sanitation (RWSS); this would serve as a catalyst for improving the productivity and quality of life of the rural population. Government's determination to improve social conditions and in particular RWSS is reflected in the level of resources allocated to the sector; between 1983-84 and 1987-88, annual investment funding increased from 1.8X to 3.31 of the national Annual Development Program (ADP). Allocations are unlikely to grow beyond this level due to resource constraints, and a revised strategy involving greater self financing is required to meet the minimum targets for basic services in rural areas. 5. The recent Bank sector review (Report No. 7060-PAK) carried out jointly with the Canadian International Development Agency (CIDA) concluded that for sustained RWSS development, sector policy would require that (a) the beneficiary communityl/ participate at all stages of scheme implementation; (b) an integrated development approach be adopted providing a balanced triad of improvements to water supply, sanitation and hygiene practices; and (c) the community be fully responsible for all costs of management, operations and maintenance (06K) of RWSS schemes. The Federal and Provincial governments have decided to adopt this policy, and have with CIDA assistance prepared province- wide Strategic Investment Plans (SIPs) consistaing of investment programs and specific mechanisms for implementing these policies. The SIPs envisage nationwide investment from 1991-1998 of about US$1.22 billion at constant 1989 prices which include the projected levels of domestic resource availability and international donor assistance and would achieve an estimated 75X coverage of rural water supply, providing for an additional 30 million people. Sanitation coverage would increase from under 5X to about 10. 6. Rationale for IDA Involvement. During the past 15 years, IDA has been a major source of support for Pakistan's urban infrastructure programs. IDA has not supported RUSS to date, but our sector work has been instrumental in defining the problems of providing rural water and sanitation services and identifying a basic policy framework for improvement. During formulation of the SIPs, IDA assisted government agencies in investment project preparation, and in mobilizing funls from other donors. GOP has requested IDA assistance to finance RWSS investments in Azad Jammu and Kashmir (AJK), Balochistan and Sindh, as these have the lower service levels and IDA support to these would generate complementary donor support to the other provinces. IDA's financial and technical support for the project and continmed participation in a policy dialogue are important, particularly in the formative years, to enable the adoption of innovative and sustainable strategies. 7. groject Objective. The proposed project is designed to improve rural productivity and health, particularly of women and children, and reduce poverty and deprivation in AJK, and the provinces of Balochistan and Sindh, by increasing RUSS coverage and service levels. The proposed project would suppol' an integrated, community-based strategy for RUSS, phasing in a sustainable, financially viable approach to community management and O&l, and progressively moderate the required level of provincial recurrent budgetary support. 8. Prolect Descriution. The proposed project would, over a nine year period, finance an investment program in AJK, Balochistan and Sindh comprising rehabilitation of existing and construction of new, cosmunity-managed, RUSS, supported by a program of institutional strengthening, policy reform and innovative resource mobilization measures whereby, in both project and non- project financed schemes, beneficiary commnities would assume responsibility for system management, Oil. The project would comprise the following components: (a) construction of new, and rehabilitation of existing, water supply and waste water drainage schemes providing piped supplies to desiawnated points using low cost technology at a basic service level; (b) institut1.onal strengthening and The community could be a cluster of dwellings, family groups, settlements or villages sapplied with water from a common source, and represented by an agreed and recognizable entity, such as a village development committee, a local leader, a headman, or an elected official. - 3 - training to enhance agency and community implementation and 0GM capacity; (c) latrine construction materials with related health education and promotion; (d) water resources and sanitation studies, and future investment program preparation; and (e) a phased program of private sector support includirg training of small contractors, pilot and flexible support to woluen's income generating activities (comprising training, technical assistance and information dissemination within communities), and technical guidance to handpump manufacturers. Due to low rural income levels, there would be no recovery of capital costs. OGM cost recovery would be accomplished by transferring system management and recurrent cost financing to beneficiary communities, levying direct charges in Balochistan townships, and levying earmarked indirect charges in Sindh through land and sugar-cane cess enhancements, and surcharges on cotton and paddy fees. This would introduce a degree of income distribution in favor of landless beneficiaries. In AJK, the long-standing policy of community-based O0M for RWSS would be maintained. The total cost of the project is estimated at US$194.2 million equivalent, with a foreign exchange component of US$40.9 million equivalent (211). To expedite project start-up, US$11.2 million equivalent (8% of the Credit amount) will be provided in the proposed Credit for the retroactive financing of eligible expenditures for civil works, materials, incremental staff, vehicles, equipment, consultancy services and training incurred after appraisal and before Credit effectiveness. A breakdown of costs and the financing plan are shown in Schedule A. Amounts and methods of procurement and of disbursements, and the disbursement schedule are shown in Schedule B. A timetable of key project processing events and the status of Bank Group operations in Pakistan are given in Schedules C and D, respectively. The Staff Appraisal Report No. 8345-PAK dated April 4, 1991 is attached. 9. Agreed Actions. GOP and the Governments of AJK, Balochistan and Sindh have agreed to the following actions: (a) AJK would maintain a policy, and Sindh and Balochistan would each, with effect from July 1, 1991, apply a policy, satisfactory to IDA, of (i) providing grants from government resources to finance a proportion of the capital cost of communal facilities only under RWSS schemes, and (ii) requiring management and financial responsibility for the operation and maintenance of completed RWSS schemes to be assumed by the communities served by such schemes; (b) project implementation would be carried out in accordance with an Operational Action Plan (OAP) satisfactory to IDA, which would be reviewed anrually and updated in consultation with IDA; (c) a memorandum of understanding would be entered into for agreement between each community and the concerned sector agency whereby for a basic level of service the community agrees to undertake and pay for management and &M, and the Provincial/State government agrees to provide: (i) construction materials (AJK); (ii) the system (Balochistan); and (iii) the system and a contribution of cess and fee revenues to cover 0&M costs (Sindh); (d) in order to enhance inter-governmental coordination and long term sector development, a Policy Investment Review Committee (PIRC) has been created within the Ministry of Local Government and Rural Development (MILGRD); (e) terms and conditions of funds flow, counterpart financing, and the passing on of funds would be acceptable to IDA, and counterpart funds would be available; (f) land acquisition procedures are underway; and (g) standard requirements would be met for: project executing agencies to remain adequately staffed throughout project implementation; progress reports on the project; satisfactory basic accounting arrangements to be in place and arrangements for annual audits; administration of the Special Accounts; use - 4 . of Statements of Expenditure; preparation of a mid-term review; preparation of a Projbct Completion Report; and the use of IDA Procurement Guidelines and satisfactory Local Competitive Bidding (LCB) procedures. 10. GOP and the Governments of AJK, Balochistan and Sindh have completed the following, pursuant to the policy referred to in para. 9(a) above: (a) instructions have been given to line departments that (except in the case of Balochistan rural township schemes discussed below) OH responsibilities would be transferred to, or remain with, scheme beneficiaries, according t-; a timetable set out in the OAP; (b) arrangements have been made: (i) to pay all Public Health Engineering Department's (PHED's) outstanding dues in respect of electricity for water supply schemes (Balochistan .-nd Sindh); and (ii) to avoid public sector RWSS power liabilities in future; (c) for the province of Balochistan, arrangements have been made to increase all township water tariffs to Rs. 50 per month for standard house connections and Rs. 250 per month for commercial/ industrial connections effective July 1, 1990, and to revise such tariffs at least triennially by an amount equivalent to at least an ennual real increase of 5%; and (d) for the Province of Sindh, arrangements have been made to levy an incremental annual cess on cultivated land of Rs. 1.50 per acre for non- irrigated land, Rs. 3.00 per acre for land with non-perennial irrigation and Rs. 6.40 per acre for land with perennial irrigation, effective November 29, 1990, to incree-e from late February 1991 the sugar-cane cess and paddy and cotton fees, an to revise such cess and fee rates at least triennially and to set them to recover all estimated O&K costs for a basic level of service. The proposed arrangements have been tailored to the specific affordability constraints of the beneficiaries. 11. The agreed conditions of effectiveness of the IDA Credit are: (i) approval by the Executive Committee of the National Economic Council (ECNEC) of the project PC-1 documents; and (ii) appointment, subject to credit effectivtness, of the main technical assistance Advisory Consultants. 12. Benefits. The prine 1 beneficiaries would be rural women and children. The quantifiable benef of the proposed project would be the value of time savings arising from better access to improved water supplies. Time and energy saved in water collecti.- would be spent on productive activities including improved child care. By improving hygiene practices and sanitation, the project would also yield substantial health benefits, reducing disease and infant mortality. Benefits which ar-. not quantifiable would be derived from the overall improvements in rural productivity and the quality of life. The internal economic rate of return of the proposed Project is about 14X p.a. based on a conservative valuation of the incremental time savings. 13. links. The technical aspects of the project are straightforward and do not present significant risk. The main project risks are: (a) that the requirement for the communities to accept responsibility for and finance the O&M of schemes may be slow to materialize; (b) the limited experience of Government line agencies in working directly with villagers, and the need for continual community orientation; (c) the possible slow release of funcs by the governments due to the dispersed nature of the investments; (d) the shortage of qualified government staff to undertake work on individual projects to implement an expanded RWSS program; and (e) the limited ability of the respective agencies to achieve cost recovery targets. In addition, the project would be the Bank Group's first lending operation with the concerned agencies, implying possible start-up delays as agencies become familiar with Bank lending procedures. The project addresses these risks by providing the following measures and resources: (a) emphasis on management, technical support and training for all implementing agencies; (b) training for politicians, community leaders and scheme personnel; (c) community relations cells within the executing agencies; (ct) hygiene education programs; (e) advance consultancy services for priority designs, materials specifications and documentation to maintain project momentum; (f) assistance to agencies in procurement procedures; (g) financial management support; and (h) use of community agreements, which are to be in place before implementing schemes. Further, that the community-based policy for O&M is firmly established and effective in AJK, demonstrates that with appropriate monitoring, guidance and political will, the adoption of the proposed O&M policies under the project does not pose an unreasonable risk. 14. Part of the proposed project (less than 25X in total) would be carried out in AJK, an area over which India and Pakistan have been in dispute since 1947. By including finance for this component in the proposed Credit, IDA does not intend thereby to prejudice the determination of the claims of the parties. 15. Recommendatlon. I am satisfied that the proposed Credit would comply with the Articles of Agreement of the Association and recommend that the Executive Directors approve the proposed Credit. Barber B. Conable President Attachments Washington D.C. April 4, 1991 -6- Scheduale A S C RIPUELIC 0 S PAKISTAN RURA WA=E SUIP An1 SANTATION MMOEC ESTIMATED COSTS AI MI EANCIIO PGAN Estimated Costs:, Local Frsig Total ...------- (US$ Million)----------- Land 3.5 3.5 Civil Works 72.6 72.6 Materials, Equipment and Vehicles 28.1 14.2 42.3 Coveulting Services, Technical Ass.stance and Training, 9.5 19.4 28.9 Incremental Staff Costs 60 6.0 Base Costs 119.7 3.6A 153.3 Physical Contingencies 9.4 1.7 11.1 Price Contingencies 24.2 5.6 29.8 Total Project Costs 153.3 40.9 194.2 Finanl^YgL Ilan: Local Forei -Total = ----_----(US$ Million)--------- Governments S 47.4 0.0 47.4 Community 10.1 0.0 10.1 IDA 95.8 4. 136.7 Total 153 40.9 194. £1 Inclusive of taxes and duties, which are estimated at US$21.6 million. The Government of Azad Jammu & Kashmir, the Government of the Province of Balochix ian, and the Government of the Province of Sinth. Schedule B Page 1 of 2 1I19UI REPUBgIC OF PAKISTAN RURAL WATER =Q&LY AND SANITATION PROJECT Procurement Method Project Element ICB LCB OtherLi N/Aik Total ----(US$ Million)----- Land 4.0 4.0 Civil Works 87.19 87.1 (61.4)lt (61.4) Materials, Equipment and Vehicles 32.6 7.9 40.5 (28.8) (5.5) (34.3) Consultancy Services, 35.0 35.0 Technical Assistance (35.0) (35.0) and Training Incremental Staff Costs 6.0 6.0 (6.0) (6.0) Duties and taxes 21.6 21.6 TOTAL 32.6 87.1 42.9 31.6 194.2 (28.3) (61.4) (40.5) (6.0) (136.7) L2 Including local shopping. Not appli .ble. Land acquisition to be funded by Government or community ci,ntributi in. Including community-based direct labor contracting. Figures in brackets are the respective amounts to be financed by IDA. Scheuule Bfi Page 2 of 2 ISLAMIC REPUBLIC OF PAKISTAN RURAL WATER SUPPLY AND SANITATION PROJECT Disbursements Amount of Credit Disbursement Category Allocation ercentage (US$ million) (1) Civil Works AJK L 1.7 75X Balochistan 11.4 60X Sindh 48.3 851 (2) Materials, Equipment 34.3 100l of foreign and Vehicles expenditures, or 1001 of local expenditures (ex-factory) for goods and equipment procured through international. competitive bidding (ICB), and 50X of local expenditures for other Items procured locally. (3) Consulting Services, 35.0 100l of expenditures Technical Assistance and Training. (4) Incremental staff costs 6.0 1001 of expenditures Total 136.7 Estimated IDA Disbursements IDA Fiscal Year 92 93 94 95 96 97 98 99 00 ------------------------(US$ million)------------------------- Annual 1.4 6.8 16.4 30.1 29.9 20.7 15.0 13.5 2.9 Cumulative 1.4 8.2 24.6 54.7 84.6 105.3 120.3 133.8 136.7 a On IDA-financed civil works contracts. ISLAIC REPUBLIC OF PAKIS?AN ROMAZ OMT SUPPLY =N SANITATIO PROJECT Tlmetable of ay Project Processing Events (a) Time taken to prepare: One and a half years (b) Prepared by: Governments of Azad Jammu & Kashbir, Balochistan and Sindh with Assistance from CIDA and IDA. (c) First IDA Mission: December 1, 1988 (d) Appraisal Mission Departure November 23, 1989 (e) Negotiations March 4, 1991 (f) Planned Date of Effectiveness August 15, 1991 agX List of relevant PCRs and None PPARs: Schedule D - 10- 0age I of 3 THE STATUS OF BANK GROUP OPERATIONS IN PAKISTAN A. STATEMENT OF SANK LOANS AND IDA CREDITS (As of December 31, 1990) Amount (US$ milliori) Loan Fiscal (tess canceltationsg No. Year gorrower Purpose Bank IDA Undisbursed Forty-eight loans and sixty five credits fully disbursed of which SECALS, SALs and Program loans a/ 1,137.51 1,485.90 Ln. 2155-PA 1982 Republic of Pakistan Structural Adjustment 60.00 Cr. 1255-PA 1982 Republic of Pakistan Structurat Adjustment - 80.00 Sub-Total 60.00 80.00 Cr. 0754-PA 1978 Republic of Pakistan Salinity Control and Reclamation 70.00 25.38 Cr. 0877-PA 1979 Republic of Pakistan Salinity Controt and Rect. (Marden) 60.00 15.78 Cr. 1157-PA b/ 1981 Republic of Pakistan Grain Storage 23.42 S.59 Ln. 2247-PA 1983 Republic of Pakistan Reservoir Maintene'ce facilities 10.20 0.U6 Cr. 1243-PA b/ 1982 Republic of Pakistan Baluchistan Minor Irrig. & Agr. 14.00 8.03 Cr. 1348-PA b/ 1983 Republic of Pakistan Lahore Urban Devetopment 16.00 10.91 Cr. 137A-DA bI 1983 Republic of Pakistan Karachi Water Supply 25.00 5.53 Cr. 1375-PA b/ 1983 Republic of Pakistan Fourth Drainage - 65.00 65.80 Ln. 2380-PA 1984 Republic of Pakistan Industrial Investment Credit II 50.00 3.01 Cr. 1439-PA b/ 1984 Republic of Pakistan Industrial Investment Credit II 50.00 3.78 Cr. 1461-PA b/ 1984 Republic of Pakistan Integrated Hill Faming Dev. 21.00 11.89 Cr. 1480-PA b/ 1984 Republic of Pakistan Second Technical Assistance - 7.00 1.10 Cr. 1487-PA b/ 1984 Republic of Pakistan Command Water Management - 46.50 32.05 Cr. 1499-PA b/ 1984 Republic of Pakistan Second Small Industries 50.00 5.15 Cr. 1532-PA b/ 1985 Republic of Pakistan Left Bank Outfall Drain - Stage t - 150.00 174.44 Cr. 1533-PA b/ 1985 Republic of Pakistan Baluchistan Agricultural Extension - 8.30 4.39 Ln. 2499-PA 1985 Water/Power Auth. Fourth WAPOA Power 100.00 - 19.47 Cr. 1602-PA b/ 1985 Republic of Pakistan Second Primary Education - 52.50 S2.30 Cr. 1603-PA b/ 1985 Republic of Pakistan Second On-Farm Water Management - 34.50 0.99 -Ln. 2552-PA 1985 Republic of Pakistan Energy Sector Loan 178.00 - 1.35 Ln. 2556-PA 1985 Water/Power Auth. Fifth WAPDA Power 100.00 25.47 Ln. 2648-PA 1986 Republic of Pakistan Industrial Investment Credit 148.00 7.93 Cr. 1646-PA b/ 1986 Republic of Pakistan Industriat Investment Credit - 2.00 1.09 Cr. 1652-PA b/ 1986 RepubtIc of Pakistan Karachi Speciat Development * 70.00 62.33 Cr. 1670-PA b/ 1986 Republic of Pakistan Second Vocatfmal Training 40.20 34.41 Cr. 1693-PA b/ 1986 Republic of Pakistan SCARP Transition Pilot 10.00 6.59 Cr. 1699-PA bJ 1986 Republic of Pakistan Agric. Dev. Bank of Pakistan VI 55.00 3.55 Ln. 2693-PA 1986 Republic of Pakistan Agric. Dev. Bank of Pakistan VI 165.00 15.33 Ln. 2698-PA 1986 Water/Power Auth. Kot Addu Corb*ined Cycle 90.00 -18.92 .n. 2743-PA 1987 RepubLic of Pakistan Telecommunfcations V 100.00 46.15 Cr. 1755-PA b/ 1987 Republic of Pakistan Third Technical Assistance 7.00 556 Cr. 1762-PA b/ 1987 Republic of Pakistan Ag. Extension IV - 42.10 36.06 Cr. 1821-PA b/ 1987 Republic of Pakistan Third Primary Education * 145.00 147.40 Ln. 2792-PA 1987 water/Power Auth. Power Plant Efficiency 70.00 - 58.60 Ln. 2814-PA 1987 Republic of Pakistan Fourth Highways 152.00 - 114.64 Ln. 2839-PA 1987 Republic of Pakistan Industries III 54.00 - 48.91 Ln. 2842-PA 1987 State Petr. Petroch. Refinery Energy Conservation 21.00 * 17.75 tn. 2884-PA 1988 Republic of Pakistan Cement Industry Modernization 96.00 * 81.26 Cr. 1888-PA b/ 1988 Republic of Pakistan Second irrigation Systems Rehab. - 79.50 79.39 Cr. 1895-PA b/ 1988 Republic of Pakistan Punjab Urban Development - 90.00 81.15 Cr. 1936-PA b/ 1988 Republic of Pakistan National Oilseed Development - 20.00 18.34 Ln. 2973-PA 1988 Republic of Pakistan National Oilseed Development 31.40 31.40 Ln. 2982-PA 1988 Republic of Pakistan Private Sector Energy Development 150.00 150.00 *Ln 2986-PA 1988 RepubLic of Pakistan Agriculture Sector Adjustment 20Q.00 48.57 Cr. 1982-PA b/ 1989 Republic of Pakistan Industrial Investment Credit III 2.00 1.50 Ln. 3019-PA 1989 Republic of Pakistan Industrial Investment Credit III 148.00 - 137.49 Cr. 1987-PA b/ 1989 Republic of Pakistan Karachi Water Supply - 125-00 129.19 *Ln. 3029-PA 1989 Republic of Pakistan Financial Sector Ln. II 150.00 - 75.00 *Ln. 3107-PA 1989 Republic of Pakistan Energy Sector Loan II 250.00 147.75 Cr. 2003-PA b/ 1989 Republic of Pakistan Flood Restoration - 40.00 23.32 Cr. 2004-PA b/ 1989 Republic of Pakistan Private Tubewell - 34.40 29.44 Ln. 3147-PA b/ 1990 Water/Power Auth. Power Transmission & Extension 162.00 - 162.00 Cr. 2078-PA b/ 1990 Republic of Pakistan Rural Electrification - 37.00 40.85 Ln. 3148-PA bI 1990 Republic of Pakistan Rural Electrification 123.00 - 123.00 - 11 - Schedule D THE STATUS OF BANK GROUP OPERATIONS IN PAKISTAN Page 2 of 3 A. STATEMEN; OF BANK LOANS AND IDA CREDITS (As of Decenber 31, 1990) Amount (Smillion) Loan Fiscal (less cancellations) No. Year Borrower Purpose Bank IDA Undisbursed Cr. 2102-PA b/ 1990 Republic of Pakistan Sindh Primary Education 112.50 119.62 Cr. 2153-PA b/ 1990 Republic of Pakistan Agriculture Credit 1.50 1.68 Ln. 3226-PA b/ 1990 Republic of Pakistan Agriculture Credit 148.50 148.50 Cr. 2154-PA c/ 1990 Republic of Pakistan Agricultural Research 57.30 62.34 *Ln. 3241-PA b/c/1990 Republic of Pakistan Transport Sector Investroents 184.00 1*4.00 Ln. 3252 b/cl 1991 Republic of Pakistan Corp. Restructuring 130.00 130.00 Totat 4,148.61 3,149.62 3,104.28 of which has been repaid 745.74 131.13 Total now outstanding 3.402.87 3018.48 Amounts sold 33.46 12.00 of which has been repaid 30.11 12.00 Total now held by the Bank and IDA c/ 3,369.41 3,006.48 Total undisbursed 3,104.28 a/ Approved during of after FY8O. b/ IDA Credits beginning with the 6th Replenishment are denominated in SDRs, and are shown in USS equivalents at the time of negotiations. Disbursed amounts are computed at the exchange rare applicabte on the transaction dates. Undisbursed amounts are valued at the exchange rate applicable on the date of this statement. c/ Not effective at the time of this statement. * SAL, SECAL or Program Loan. NA:FS,M:\EM1CO\OTHER\PAK\SBGO.TBL March 14, 1991 - 12 - Schedule D THE STATUS OF SANK GROUP OPERATIONS IN PAKISTAN Page 3 of 3 8. STATEMENT OF IfC IINVESTMENTS (As of Decenher 31, 1990) Amournt (Smillion) (tess cancellations) cate Borrower Purpose Loan Equity Total 1958 Steel Corp of Pakistan Rolled Steel Product 0.63 0.63 1959 Adamjee Industries Ltd. Textiles 0.7n 0.75 1962/6S Gharibwal Cement Ind. Ltd. Cement 5.25 0.42 5.67 1963/69 7S/89 PiCtC Developing Finance 3.63 3.63 1965 Crescent Jute Products Textiles 1.84 0.11 1.95 1965/80/82 Packages Ltd. Paper Products 26.01 1.01 27.02 1967/76 Pakistan Paper Corp. Ltd Paper 5.38 2.02 7.40 1969 Dawood Hercutes Chemicals Ltd Fertilizers 18.30 2.92 21.22 1979 lilkpak Ltd. Food & Food Processing 2.40 0.4g 2.80 1979 Pakistan Oilfields Ltd And Attock Refinery Ltd. Chemicals & Petrochemicals 29.00 2.04 31.04 1980 Fauji Foundation Woven Polypropylene Bags 1.78 - 1.78 1988 Fecto Cement Cement and Co,struction 18.58 - 18.58 1987/89 Anglo Suisse Chemicals & Petrochemicals 6.80 6.80 1980 Premier Board Mills Ltd. Particle Board 2.70 - 2.70 19a88 illat Tractors 4.90 - 4.90 1981 Habib Arkady Food and Food Processing 3.15 0.16 3.31 1982 Asbestos Cement 3.50 0.51 4.01 1983 Pakistan Petrolemn Ltd. Chemical & Petrochemicals 104.50 1.56 106.06 1989 Show Textile Textiles and Fibers 2.76 - 2.76 1985 National Development Leasing Corp. Money and Capital Markets 5.49 0.37 5.86 1989 SuraJ Cotton Textiles and Fibers 2.76 - 2.76 1989 Hala Spinning Plant 3.27 0.66 3.93 1986 Mari Gas Chemicals & Petrochemicals 46.53 - 46.53 1990 Pakistan Suzuki Motor Vehicles & Acces. 17.53 17.53 1990 Rupali Textiles & Fibers 22.64 2.00 24.64 1990 FIIB Development Finance * 0.68 0.68 Total Gross Commitment 329.65 25.29 354.94 Less CancellatiOns, Terminations, Prepayments and Sales 240.01 14.04 254.05 Total Commitments now held by IFC 89.64 11.25 100.89 Undisbursed (including participants) 45.18 3.58 48.76 NWFS,M:\EM1COCOTHER\PAK\SIFC.TBL March 14, 1991