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 Grant (Value Chain Support Project) to the Republic of Chad. The undersigned Committee constituted under Section 1 (d) of Article V of the Articles of Agreement of the 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 Chad a grant in an amount equivalent to SDR 6,600,000. The purpose of said grant is to improve: (i) targeted aspects of the business environment; and (ii) the performance of agro-pastoral value chains in the Republic of Chad. 1. The Committee has carefully studied the merits of the proposal to extend such a financing, and of the purpose to which the proceeds of the financing are to be applied. 2. The Committee is of the opinion that the project toward the financing of which the proceeds of such financing 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 the Republic of Chad and is of high developmental priority in the light of the needs of the Republic of Chad. Republic of Chad -2- (Value Chain Support 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 Republic of Chad Re onal Vice President Africa Dated at Washington, DC Mait 1 /3 /L(