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￢ LOAN NUMBER 2534‑GEO(SF) LOAN AGREEMENT (SpeCial operat ons) (lvlunicipal Services Development Project - Phase ll) between GEORGIA and ASIAN DEVELOPMENT BANK DATED 20 AUGUST 2009 LAS:GE0 43171 LOAN AGREEMENT (SpeCial operatiOns) ・Borowe→ and ASttN DEVELOPMENT BAN(1'拙1 2009 betten GEORGい Ohe WHEREAS Ptted descn戚 )in s:1:dttT鳳 :榔馘 [■ 1肌 1部 :網 邸贅 異』評λξ he purpOSes d a )r「 溝 ま 戯 雌:継騎避雅 s:爾 i昴 ξ臀 籠‖ 思‰ξ 鶴悧β ttt鴫 ョ :3‖ NOVV THEREFORE the parties agree as fO Ows: ARTICLE I Loan Regulat10ns,Dennitions SectiOn l ol Regulations applicable to forth herein. A‖ ¶ttf饂∴都棚 幡 d轄職彙 衛邸t蓄磯場 1渇 v iξ ::it翼 馴晨よ ie耀 鷲 喘除 籠 認品 ]乱 聾借 詭憎鷹Rtte」 ‖ よ ]絆 i:::詢 Disbursement占 :ndb::P:leよ No l18daedttJJjB躍 C° 理露:1:』 需T梶 電YR:approved by Govemmen Decree 晶鷲 遺 、 iil:;!￨]:mttid::liS:1:eiξ 11λ :l」 ment HandbOOk' means the ADB's Loan ::lu」 ],:;:ア as amended from lme tO ume: (ittξ S8fffll「 ∫ 『Te』laど ,2おT∬ 」 !星 2 (d) "EARF" means the Environmental Assessment and Review Framework for the Project, as agreed between MDF and ADB under the MSDP-|, as amended from time to time; (e) 'Goods' means equipment and materials to be financed out of the oroceeds of the Loan, tncluding related services such as transportation, lnsurance, installation, commissionlng, bainlng, and initial maintenance, but excluding consulting service3; (0 'grant' means a grant made or proposed to be made by l\rDF out of the proceeds of the Loan to an MG for a subproject; (S) 'lnvestnenl Financing Agreemenf means an agreement to be entered an MG for financing a subprojecl as turther described in paragraph and MDF into between Projecl Agreement; ofthe Schedule to the I (h) 'Lari" means the laMul qrnency of the Bonower; (D "MDF means the Municipal Development Fund of the Borrower, established under Presidential Decree No. 294 daled 7 June'1997, as amended from time to time;' "MG" means a municipal government within the Project Area to which grant lor a subproject; and/or a loan makes MDF 0) (k) "MSDP-|" means the ADB-financed Municipal Services Oevelopment Projecl (Loan No.2441 -GEOISFI); 'Operalions Manual" means the Operations Manual adopted by MOF for the MSDPI, as amended from time to time); with ADB and agreed O (m) 'Procurement Guidelines' means ADB'S Procurement Guidelines dated February 2007, as amended from time to time; (n) "Procurement Plan" means the procurement plan for the Project dated 10 June 2OO9 and agreed between MOF and ADB, as updated from time to time in accordance wilh the Procurement Guidelines, Consulting Guidelines, and other arangements agreed with ADB; (o) "Projecl Area' means the urban areas in the tenitory of the Bonower; (p) 'Project Agreemenf has the meaning given in Recital (C) oi this Loan Agreement; (q) "Project Executing Agency" for the purposes of, and within the meaning ol the Loan Regulations means MDF or any successor therelo a@eptable to ADB, which is responsible for the carrying out of the Project; 'Project lmplementation Agreemenf means the agreement to be entered into beiween the Bonower and MDF for the Project as refened to in Seclion 3.01 of the Loan Agreement; G) 3 subproled est況 pattd by MDF br に dttt馳 躍::j■ :詳 撫:酬 1::』 i:喘 亀 lepに am¨ nedhaぶ 鷺 ょ 富「∬ ep DF彙 蹴 柵 ょ」 wぉ″ " d″ 福 rpropOsed tO be made by MDF out c theproceedsolIキ eL:l‖1:ill(l:1:,ξ 」 :::渇 』 li° gЫ 酬 o謂l磐 :誰 』 T:it亀 漱:鵬 el:I膚 :電 "y cttel彙 出瑠:舗 婦 meeお い ( 。 」 ::譴 ξ ξ:n拙::l 。 p響 dngg● ns des 高ぃ ・ 山鋼YSCI蜘 :野 濯畿fttlttWpЮ И subloans and晶Its:躙 :路 1:IT::lig是 lη :lFI]β t:‖ ttI‖ :。 ξ よ ,菫 」 111:亀 キ :slittfilii∫ :ti∬ 亀 :lii]￨11‖ ilil:1鳴 llilttilil‖ : ARTicLE I: The Loan 風1:lJ:F」 :語:『 lil::1:ξ :li::]i]闘 pき :諷 si壺 』li瑞:1:島 AR昇 ￨:ギ 1:亀 憩 臨宵臨lTI珈電 『 lf:剛 話 胤 需i認出f:he:織 71麗 鮒棚淵 i sha be""Ы :蹴 L織 y¨ ‖ 脱1精 ι he bm 醍鯉11進 牌 lξ :き"e¨ 認 i出 酬Lttt指 認℃蝸『 蝸 肥 織 蠍 mfⅧ 織 :跳 鵠摺鶴:γ幾間 lぎ隠 ∬ ξ T::器潔,wttF: :肥 ]:鑑 ￨:晰 島:瀞 ‰毛韻 4 ARTICLE III Us€ of proceeds of the Loan 3.Ol Sectron The_Bo-nower shall make lhe proceeds ot ttris Loar avaitabte on a non_refundabte basis to MDF for trre purposes J,t, LJrliii"r"top."nt financing specific development subprojects in accordance ,r,it "n. t-n"- 6n-"n"., tt,i" for. Agreement and the project Agreement. The Borrowei ,t"ir projecr the lmplementation Agreement, providing !!tgl- alia tor tne use oi "ni"r-'rio ttre pioc-eeOs ot the Loan by MDF in carrying out the project, and the righG;J the B"ri"*"i *-iir, respect thereto. Such project tmplementation Agreemeni shal be in fil ""J,{bri r;J;L;; and conditions acceptabte to ADB, and sha be withoul prejudice to, i_itrtion on, the obligations of the Bonower under this Loan egieehent. ""j- "iii.,oui 3 02. tr) The amount of the Loan may be w(hdrawn from the Loan Account to finance (D the ieasonable fo.eign_cr.ren"y-cosi ot, iJoO", Works and -"uip-r-q""t consuttjng services and other items of expenditurei ,"c;;;'f;; liiy po.tion of the tocat-cunency cost of cooda, Worts anO lonsrrting i#f,ls requi.ea "na to, a" subproject (b) Except as ADB may otherwise agree, the proceeds of the Loan shall bE used only for makino a subloan or grant to a quatrfi;d UC i" i""p.a of *nich such Loan proceeds were withdrawn from the Lo; A""ornt'"ni riio".'"ooiiJo=Illirliu",v to tn" of Goods, Works and consuttinq servrces-and ot",,t"r" "t or "o"t ort - -.- to the subproject ln respect of which such Loan proceeds "ip5ijii,lrJ?illi'r"a w"r",r,ihdr"rnn ""r.v Sectron ▼ (c) Except as AOB may othen/ise agree, all Goods, Works and consulting services to be financed out of the oroceeds or *," r_o# r-t p-rllir"i]rii""ororn.. *i*, the provisions of schedute 4 ro rhis toan Agreement "rio" o" from time to time by agreement between th" do"or". rnO 3;;i;;;1, "";"h nii "r"no"A Section 3 03 Wthdrawals from lhe Loan Account in respecl of rkS and cOnsttng services shall b€ made only on account ot expenOitures 用乳般 (a) Goods whch are prOc consullng services whk ADB as sha‖ have beer sources fOr procuremer ● )Goods,wO慮s and∞ ns肥 requlrements as sha‖ he 糧:it露訛 『寄買 譜消常席晨R「 y :1:1:1]:3篤■ 脂翼鴨i認 1認1:1寵 艶」 錯翼眠溜:ll:Ъ 認糖 状 品子 :l」 :〕 5 ART:CLE:V Particu:ar Covenan secton 4 01 (a) The B。 Ower sha‖ comply with and cause MDF 「 the Loan Regulalions. 6.08 of Section with to comply {b) ln the carrying out of the Project, the Borrower shall perform, or cause to be performed. all obligations set forth in Schedule 5 to this Loan Agreement and the Project Agreement. 4.02. ln addit,on to the reports and information set iorth in Section Section 6.05 of the Loan Regulations, the Bonower shall furnish, or cause to be furnished, to ADB all such reports and information as ADB shall reasonably request, wilh regard to the Project, concerning (i) the MGs, the subprojects, subloans and grants; and (ii) the adminislration, operations and financial condition of MDF. The Bonower shall enable AOB'S representatives; Section 4.03. . inspeci with regard to the Proiect. any lrc, any subproject, the Goods, Works and consulting services financed out of the proceeds of the Loan, and any relevant records and documents maintained by l/lDF. 4.04. The Borrower shall promptly take all action which shall perform be necessary to enable lrDF to its obligations under the Project Agreement and shalLrnot taks or permit any action which would interfere with MDF'S performance of its obligations. Section Section 4.05. (a) The Borrov,/er shall exercise its rights under the Project lmplementation Agreemenl in such a manner as to protect the interests of the Bonower and ADB and to accomplish the purposes of the Loan. (b) No rights or obligations under the project lmplementation Agreement shalfbe assigned, amended, abrogated or waived without the prior concurrence ofADB. ARTICLE V Suspension; Acceleration ot Maturity 5.01. Section The following are specilied as additional events for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 8.01(m) ofthe Loan Regulations: ... (a) the Borrower or MDF shall have failed to perform any of its material obligations under the Prqeci lmplementatjon Agreement andlor any lnvestment Financing Agreement. 6 (b) The Charter as of lhe date hereof shall have been suUsequently amended, suspended, abrogated, repealed or waived so as to afeii materially ani adve6ely the ability of MOF to perform any of its obligations under ttre iroiect egreement; oi (c) The Borrower or.any other authonty havrng juflsdiction shall have taken any action for the dissorution or disestabrishment ot trror orioi ttre suspensaon of its operations. 5.02. Section The following is specified as an add,tional event for acceleration of maturity fo. the purposes ot Section 8.07(d) of the Loan negutafions: any of rhe events specified in section 5.0i of this Loan Agieement shafl hav'e occuneo and continued tor the period of ninety (90) days. ARTICLE V: Erectlvenes3 瀧ξ 肌級。 霧g鳳 ∬駅譴%総 s期 ξ ttTttl淵 :儡 螺 t譜 ARTICLE Vll Delegatlon of Authority :° 21ii:lよ1重:i:増:f[撮 tilil:湯 『 1と』 :尾 :llξ ￨マ」 Vii:[{:∬ 席 ♀ e『 Se繁 :サ j覆 ‖ 睡Ъ吼1等鄭嫌悧撃 猟停職i櫛 灘 }袢 Section 7 03 The auth。 百ty cOnfeiTed on MDF under seclon 7 01 0f Loan Agreement may be revoked o「 mOdined by agreement beNveen the Bo「 ower and 「 ADB this 7 ARTICLE VIII Miscellaneou! Section 8.01. The Minister of Finance of the Borrower is designated as reprcsentative of lhe Bonower for the purposes of Seclion 11.02 of the Loan Regulations. 8.02. Section The following addresses are specified for the purposes of Section 11.01 of the Loan Regulations: For the Bonower External Relations Oepartment l\rinistry of Finance 15 Gorgasali Street, 0114 Ibilisi, ceo.gia Facsimale Number (99s32) 261 461 Fo「 … ADB 含 悲観i現 :pmem Bank 0980 Manila,Ph‖ ippines Facsimle Numbersi (632)636‐ 2444 (632)636● 284 8 IN WTNESS WHEREOF the parties hereto, acting through th( representatives thereunto duly authorize-d-,]lave caused this Lo"n Agre;e'nt to Ue slgnea their respective names and to b€ delivered at the pnncipal omce of"abi, as of tne o"ay ar year tirst above written. GEORGIA AS:AN DEVELOPMENT BANK V By̲̲￢ 〔 :[]ヒ 」 コ ′ 」 奎 L̲̲̲ LJ暉 ̀̀をHARUHIKO KURC DA ̀i∠President

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I SCHEDULE 1 Oescription ot tho Project l. The expected overall impact ofthe project is improved environment, economt and public heaith in the Project Area. The expecled outcome of the projecl is improve( municipal infrastructure, service delivery and better living conditions within the project Area. 2. The Project includes the following componentsl Part A: Proiecl Manaoement and Capacilv DeveloDment (a) lmprove capacity of the t cs in prepanng and appraising feasrbility. engrneenng. design. environmental, social, and other related studtes り lmprove capacity in project management at municipal level. ０ Strengthen corporate and business planning processes within MDF. provide training to MOF staff. and improve its capacity in conducting studies. The Project is expected to be completed by 31 December2013.

一 ︐ ︐ 10 SCHEDULE 2 佃un● pJSercl:哩][陽 漱 響島 ect̲Phaseり 21・ 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 ｄ Ｏ ｉ ｒ ｌ ２ ３ ４５ ６７ ８ ９０● ２●一 ｅ ︲ ︲ Ｐ 15 ,0 17 18 19 20 Oata P.ymont Du. 1$.Sep.2017 15-Ma(201A 15-SeF.2016 1 5-Mar-20.t 9 15SerF2019 15-MaF2020 15-Sep-2020 15-Mar-2021 15-SeP2021 15-Mar2022 15-Setr2022 ,15-Mar-2023 1s-Setr2023 15-Mat-2024 1s-Setr,2024 15-Mat-2O25 1s-Setr202S 15-Mer2026 ls-Sep-2026 15-Mat-2021 15-SeF2O27 '15-Mar-2028 15-Setr2028 15-Mar-2029 15-SeF.2O29 '1s-Mar-2030 15-Setr2o3O 15-Mar2O3i 15-SeF2O31 15-Mai2O32 ltsep-2032 15-MaF2O33 15-Sep-2033 15-Mar2O34 15-Setr2034 15-Marr035 15-SeF.2O3S 1s-Mar-2036 15-Setr2036 15-Mar2O37 15-Setr2037 15-Mar-2038 1s-Setr2038 1:I器 :::IT配 40362500 403.62500 40362500 403,62500 403,62500 403.62500 40362500 403.6250o 403.62500 40362500 40362500 403.62500 40362500 40362500 40362500 403,62500 403.62500 403.6250o 403.62500 403.62500 40362500 403,6250o 403,6250o 403,6250o 403,62500 403,62500 403,62500 403,62500 403.62500 403,62500 40362500 403.62500 403.62500 40362500 403,62500 403,62500 40362500 40362500 403.62500 403,62500 403,62500 403,62500 403.62500 訴 l 11 'Sc , Ｐ 鋼４ ５６ ８ ４″４ Date Payment Due 15‑Ma「 2039 15‐ Se● 2030 15‑Mar2040 Payment Of Pi ncipal (eXpressed in sDR) 403.62500 40362500 403.62500 403.62500 15‑Se● 2040 15‑Mar 2041 40362500 TOTAL 19,374,0000o ▼

SCHEDuLE 3 AI:ocatiOn and Withdrawal of Loan Proceed9 General r The table attached to this Schedule sets forth the Categories of expenditures ,^ h. financed out of the proceeds of the Loan and the allocation of amounts of the Loan to l"."li such Catesory (hereinafter called the Table). (Reference to "category" or "categories" i,iit'i" s"r,"ortJ," io a Category or Categories of the Table and reference to "Subcategory" oriisro""t"sori""" in thrs Schedule ls to a Subcategory or Subcategones of a category') Except as ADB may othendise agree, the items of the Categories and 2-subcategories flnanced out of the proceeds of the Loan on the listed rn the Table shall be percentages set forth in the Tabie' basis of the Reallocation Notwithstanding the allocation ot Loan proceeds and the withdrawal percentages set forth in the Table, 3. ,r (a) if the amount of the Loan allocated to any Category appears to be inslffcienl to finince all agreed expenditures in that Category. ADB may upon consultation and agreement with the Borrower, (i) reallocate to such Category, to the extent required to meet ihe estimated shortfall. amounts of the Loan which have been allocated to another (ii) if Category but, in the opinion of ADB, are not needed to meel other expenditures, and such-re;lbcation cannot fully meet the estimated shortfall, reduce the withdrawal percentage applicable to such expenditures in order that further withdrawals under such Category may continue uniil all expenditures thereunder shall have been made; and (b) if the amount of the Loan then allocated to any Category appears to exceed all agieed expenditures in that cat€ory, ADB may, upon consullation and agreement with the Bonower, reallocate such excess amount to any other Category. oisbursement Procedures 4. Excepl as ADB may othenvise agree, the Loan proceeds for financing Goods, Works, consulting services and other expenditures shall be disbursed in accordance with ADB'S Loan Disbursement Handbook (2007, as amended from time to time). @ 5. (") Except as AOB may otherwise agree, the Borrower shall cause irDF to establish immediately afler the Effeclive Dale, an imprest account at the Treasury service of the Borrower. The impresl account shall be established, managed, replenished and liquidated in accordance w ADB'S Loan Disbursement Handbook and detailed anangements agreed upon between the Bonollrer and ADB. The currency of the imprest h Schedule 3 account shall be the Dollar. The initial amounl to be depostted rnto the tmorest account shal not exceed lhe lower of (i) the estimated expendtlure to be financed from tie imprest account for the first six (6) months of Project implementation, or (ii) the equivalent of ten (10) percent of the Loan amount. (b) The statement of expenditures procedure may be used for reimbursement of eligible expenditures and to tiquidate advances provide; into the imprest account for any individual payment not exceeding $2OO,OOO. Subloan ADoroval and Wthdrawal orocedure For a subproject in the amount not eJ(ceeding two million Dollars ($2,O0O,0OO) el(?ible for financing under the project Financing Facility c;mponent, the subtoan approvai 6;- ., - - _ and withdrawal (SAW) procedure may be used in accordance with the AOB,a Loan Disbursement Handbook, provided that a rerated ssR is submrtted together with the withdrawal application in form and substance satisfactory to AOB. For a s-ubprojea in the amount equal to or exceeding two million_D_ollars ($2,O0O,bOO) eligible for financing'under the Projeif, Financing Facirity component, ADB'S prior ,"ri"* oi ihe rerateo sen and lnveslment Financing Agreement wall be required prior"ria-""pp,ou"i to OisUursemeni in accordance with theADB'S Loan Disbursement Handbook. Relfoactive Fjnancinq T--ri Wthd.awals from the Loan Account may be made for reimbursement of oeroi"-ti-" l-ri""ir" o"t", ort not -L-o"n earlier than twetve (12) months before.the.d"t" or ir,i" subject to a maximum amount reasonabre erigibre expenditures incuned unaer.ure erole& equivalent to 20 percent of the Loan amount. &"-;;;i Condttbn of Ⅷ thdrawaに from Loan Accoun Lllccoun福 Iw:繁:脇111「 weientat。 1戟g h酬 Se agに 。 no mhd口 wJ shtt be made mm me ettF:熙『 よ 調1。 端撃 ed o ADB he duy execmed Pr● ed 網吼躍 :l船 1%斧踊:I歯 」 1∬ 里 構冒 :母 層 翻yg杓 芯enT:tl::ξ ‖ 部liL臓 櫓l拓:灘爾1囃 atに factOry to ADB ー 一 ・・ 14 ● Attachmentto Schedu e 3 TABLE ALLOCAT10N AND W:THDRAWAL OF LOAN PROCEEDS (MuniCipal Services Development ProieCt― Phase lり ADB FINANCtNG BASIS CATECORY TotaI Amount A‖ ocated fo『 ADB Firtancing SDR'000 ltem Number Category Proiecl Financing Facilaty 1 ー lA Subcategory 16802 SubprOlectS under Wndow 11,137 68 percent of total exPenditure claimed 5665 85 percent of total expenditure claimed ̀ lB Subprolects under WindoW 2 Ｚ ＾ Project Management and Capacity Development 867 80 percent of total exPenditure claimed 85 percent o, total expenditure claimed (Consulting Services) 3 lncremental Administration 1,517 4 Unallocated ,88 TOTAL Percentage ot ADB Financing from the Loan Account 19,374,000

IJ SCHEDULE 4 procursment ot Goods and Wo.ks, and Consulting A. .1. Servlces General All Goods, Works and consulting services to be financed out of the proceeds ana tne of the Loan shar be subject to and govemed by fire procuremeni-c-u]aJtines, Consulting Guidelines, respectively. 2. All terms used and noi ojherwise defined tn this Loan Agreement have the meanings provided in the procurement Gurdelines andtor the ion"rffin!-oria"fln"", applicable. ," Ｂ Procurement Of GoOds and W。 ks 「 ３ Except as ADB may Othen″ ,se agree, Goods and 6お cwed onmξ battj:h∫ 凝 tiど :【 ぷ ￡ふ 亀 器糧1謂 W° S Shtt O‖ y be :♀ lntemationat Competjtive Bidding National Competitive Bidding Shopping Direct Conkacting subF^ct to, amons υ other er thinss, mng、 ぃ り¨ e detajred dda ed the *: n:*:5"jf::^"::ej.n:113r: i LlF吊 :萬 品ぶ e BOrrOwer may :器 橘 〃 :¶ 」 朧::TIJuesュ mr r● mOぃ ,^′ ^Ⅲ ̲r'nI P,n Tぃ ■ ξ マ l「 躍:思 鳳 ̀h.̲^員 ^コ lg首 andふ ADa l鑑 ミ害 4 n澗 ,電 1二 綿淵 蕉 雙 。 di島 品II蔦 l算 話 :暫 ぶ li]強 F三 :]翼 51■ :‖ :じ 将It為 11亀 =蹴 鶏辮鼈 ) i ぶ :‖ 鴨鼻 舗驚 li藷職 1」熙i蹴 『 燥翼 ■al The Bonower and AOB shall ensure : 躙 ど :met電 需甫蔀聯欅 ￨■ 1綱 淵 き :朧 u盤 盤蜘 T肌 楓翼 鵠 T鵬 蠍 淵紀 虫 謁 ξ ,淋 :彊 :WTttβ tti冨 i総 e鷺 that, 電 :場調澱S agre 忍 蹴:ilnf‰ 慶量言 躍 me厭 m"n 胤鰭魔 1 Iillttrlボ t柵 ￨∬ :1『 ￨ ∞ 随 :]η 出 棚 だλ 淵 銅 1∬ he 1鳳 暇 :聾 齢 i^ぅ ヽ^^^̲̲ Any subsequent change to the 淵 ,I^ぃ 淵 0^民 よ獨 ̲■ 出 :用 翼̲― 僣 訛 IA"subsequen :鳳 changeげ uch 。 val of "ぉ 肥 蹄 耀 L詳 i勲 癬 誉 ハ月)総 AnD e Only after wrnten app「 :紆 記 I き 蓄 Selection of Consultinq Services ;"r3;,g:t, *"'{xru'.43i::zhi::#:"T,:T,# 一 ・ ︑ ´一 16 Schedule 4 g. The Bofiower shall ensure, or cause to be ensured, that the following methods engaging the specified consulting services are applied, in accord;nce with, and for selecting the procedures set forth in the Procurement Plan: things, among other Quality-Based Selection Consultants' Oualifications Selection Least-Cost Selection Fixed budget selection Single Source Selection 9. The Borrower shall ensure that the individual consultants are recruited in D industria!or inte‖ ectual Prope"v RIohts accordance with procedures acceptable to ADB for recruiting individual consultants. 10 (a) The 8o「 ower sha‖ ensure,o「 cause to be ensured,that a‖ Goods and Works procured under the Project (including without limitation all computer hardware, software and systems, whether separately procured or incorporated within other goods and services procured) do not violate or infringe any industrial, intelleclual or related property righis. (b) The Bonower shall ensure, or Gtuse to be ensured, that all contracls for the procurement of Goods and Works contain, as appropriate, representations, warranties and, if appropriate, indemnities from the contrac.tor or supplier with respect to the matters refened to in subparagraph (a) ofthis paragraph. 11. The Bonower shall ensure, or cause to be ensured. that all ADB_financed contracls with consultants contain appropriate representations, wananties and, if appropriate, indemnities from the consultants to ensure that the consulting services provided do not vrotate or infringe any industrial, tntellectual or related property njnf,. E AD8's Review of Procurement DecisiOns [躍 1lF器 Ⅷ譜 l鷹 11獅 :: 留乳 鴨賓 ::漁鳳e:lな話朧 :IShar管 and setforth in the Procurement Plan

17 SCHEDuLE 5 Execution of P "ect;Financia;Matter9 Proiect Execu"nq Aqencv MDF sha‖ be the Project Executing Agency responsible for , PrOleCt carrying out the Subproiect Seleclion leLoanmedlλ 協 躍til譜 !ξ電精i‖ 滞認端辮 :鶏 :『 Ce d 里 黒 fЮ 聡 lsurethat Nomtthstandng anythng tOthe contraryprouded hereh,the Bor「 。wer shJI 0) :,ffi :i:t, "J,,q,,, ",i TB? .iollOin-"t,on [",,1""n",,il,,$: subprojects of q-uatrfying MGs in the for, irf ,ii,noao, subtoans and grants upon terms and cond(ions ,"t*J"-tof 1,Wnoo* 1"), and ( j:,"f ?:iE:q.ili D :,iiiff 1, :i:?:.[+{r.{{::",,1J",;ffi1' ilt, ,'ili?8.,!fln,$3 giini- 01"i"-rpon terms and conditions satrsfactory to noa " l,Wnaow),1 ! subprojects of qu€tifying_ f\rcs o, Environment and Social Aspecls lltr*lmffffitr$l* PrOlect Review *ffi