CNEP definition

CNEP means the Borrower’s National Savings and Contingency Fund (Caisse Nationale d’Epargne et de Prevoyance), established and operating pursuant to the Borrower’s Law No. 64-227, dated August 19, 1964, as the same may be amended from time to time;
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Examples of CNEP in a sentence

  • The Borrower has issued and published in its Official Journal a decree providing for the reorganization of both BAD and CNEP, on the basis of the criteria and methodologies previously furnished to the Bank by the Borrower.