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The law manages land for agricultural purposes, such as farmlands, plains, peasants, highlands, terraced lands, licensed forest lands, riverside lands, islands, natural grasslands(even though they are growing or left empty), lakes, ponds and dams outside the fishing areas.
In his speech, President A. W. Clausen reviews the economic and debt crisis of the last five years and shares his expectations for the next five years. The World Bank will play a vital role in a successful transition from recession to sustained economic growth.
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