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(a) After satisfaction of conditions precedent, the Borrower may obtain disbursements of funds under the Loan for Local Currency Costs required for the Project

(a) After satisfaction of conditions precedent, the Borrower may obtain disbursements of funds under the Loan for the Foreign Exchange Costs of goods or

After satisfaction of conditions precedent, the Borrower may obtain disbursements of funds under the Loan for Local Cur- rency Costs required for the Project in

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Once pension funds reach the hypothesized 3 percent or 7 percent exposure to infrastructure, no more funds are available to finance Figure 4.16 Impact on Infrastructure Investment of a