„საქართველოსა და საერთაშორისო განვითარების ასოციაციას შორის (სიღარიბის დაძლევის მხარდაჭერის მესამე ოპერაცია) დაფინანსების ხელშეკრულება"

I'IJJ,(03tqnI JJdqJAil66lll, bII6nll aJqi6urcoIqil]J 6n6aJoIrqI JJ0lil, JdnJil0[b aI6bflqil[[ Jdn0ilqr6[1, CJFttIIU ?il,tbJl r{3o N 171 18 o35oLo 2007 E. -tr.ril.:t6oggqolt qs lr.s616os?ro16oLo 5rEgoo,rrindob sLo6o.;13orlr ?o16olr (Loq.116o6olr q.',dq63oU 8t.:r4qrlnt6otr 8;1lr;8n o.)616.:6o.:) g.rgo5.:5tndoL hnq?n,1t43qnI.:'r 4-7 l,cC$Calc6o n,\,tair\)Ato &,n)Ait6. n) liit \t7r;r\\. tD,(it\r) ll-14 l'Cj$pcd,o ,tt!,:tt;)ri t! I lt"l til r1,,1 h lL'r \6 \-Ln a,\fins) lrsg.rr6;<.r 26oro36oro}.lols ;o&$3$o; pSS6orXqolot q.r63olro q.r 1r.r6orq36 ts;no,lior.r a-&6f6" ,tnithito,l41 6 )tE a,\ 4 \ltt6i li\it,* \'itti7!<r,\\ lr.:,.1.,16<n3191olr J.:drq'.'395$olr Iolt6r.r,rq,315lr: lr.: j.:t6or331aolr J.:6g1.\8il5OoL ,y'r8o$X$;Ih.r qn 916.)il6oi)A?o q,.>o\r1r'rL .1;6r'r5}6o1j1)olr 6..,5boq3,. Ir.r;J.r(ror3;;lqtrlr J.:r<r{ll.)3050o1r ,rr.r335 q,r,ril.:(.rp 5o6r,r di1',rX.'6,'',1;1

tr JdJ61o)3AtQ(l L .)6{l'iJOl9C660 lsjst6or3S<qroL J.n6qsA366L LrJs6or3Xqrolr 3rnflr5o6.16oolr 65-l q.! ,,LJdr6o,JJqrnlr lroX6or,18o6olrro bSqS33lnlqXdXdotr tl3lr,:b3b" lrsjr6nn3XqorL ,1,16o6o11 3X- I 5 0lbq3botr i1J;L.lb$olrsq 6.rprogo11o63dolr.ror3olr $.r68r,rgoq5;6or ,,tr.rjsr6or3.rc1rnlrs q.r lrs36or.rilrnt6olrrn i)$6loo,J6l&)t, ;lrrn1;o.11o.,rlr [lrn16olr (lroq.rt6oboL q.rdqXgoL i)b,r6qr$;ir6oL 0glr,r3g rnJgr6,rlps) q.rgo6.:6t3boL b;qE3;6,;qgd.rL... 0rrbXocl lr.r,r.;.tB3oqo N 1/101 16.06.2007

LJdJdoo)SCR0l [r \,IIi!ISTRI- OF FN,{NCE t306.\6L0J bJao60L6d)r) OF GEORGIA tcJ.x6o6qc,1r tog.r63o L.rf 3o.r 0o5oLg6oL Jor63Xq 3ouq3oqr31r JrgoS 6o3oq,ot 3rEu3odtrlr l.rgoSo 5o;oq,ot, o l,Ct,bo .d,ol ?3q"3"oo,6o. doLo ,h6oc,Ro. l0 Flq,o. LJr61(,0J5o(-, b 3.:q.rLoh"qo t JLboL .foJol,;.tq 6olroo,.cq5o?EXq,o L3Ltso fu3g6oLo3olr oL$'o5cJL L"JJ6d,33q.r' r,.lJq,ag.i. I *o"tjll+l brq8r,d'xq'caoL o6o6n5.qo o66qol-r36 xsorx; l q{obJbrrc.ot, b3q33;61qgoL J6rcl3oooJqtx6o J.6-.J(o ;"63tu5o. uo"r"'uru.-' ".1 f(u, /' ':;.*/"-l qo8og6o 63o6qrd3 ao5ol,66oL, 3rrq3oq3 LJJJ6MSCqTI l,JAJ16Cf'l l,JdaC(I,lJ LJanS0uo6n .. -/.^ n2..t ....i..(.,(....!... i ".(?.." ......t.2.... zoo / * 'u5_C.r6c,,ccq.',L$ *rt-"*,,Ifi'$urcror.:r6gloL .:lrco6or11orL ts<or6otr q4o6s6l-rgbol-r b3qACJdJqCdoL (_kq's.6rraoL q.:dqJS"L Ahy6eoiC.6o[ aCLTAC oJCa6.)Uqr),' Jr6rogj6olr orornnrg3 l r.rB o6. r l r,1l, x'r0 5.r6r,boq.: " 1,t j.r6o g Jlro6o,>1;o.rlr 0tndroL qcao6;6L3doli b 0h.lriq.:$lrrxrL fl 1[r$)1 rnJ36.;1yo.l)",)16 Itr6.>q,>q,r],ri]o,;dr 5;.:86o,r. ,l3.tLtn.:6. lr; jlr6or3gqr-rL L,:g.:ri3o .)t-,qo5o.1;6o q,i .r3t-r6tn8o.116o Jt6oo6o6g5;doq;6 5.lil-r3qo6,r6g, 0o8,16ts3$rn6orq;q 0o,rts6o,: .tq6otsti;-cqo bXqts3;t6Xq3,)oL 5ogt rt633do. 3,:qXt6o 8363qo?3oqo 0o6olrp,(,rolr jr,(,r3;;c1o i)r.r.>qSrrrq; 0l13 6,\-q,.1".. a.F ii,4.,(xrl, j. V{: d,.q,: ,oa5 .r:) :8-16-13: ,"3t ., , ,, o S \v!v mtl.go\ se IE l: i5 E: 9: 18 inF. 20G? 1r: 5t itlPl bJ.J56rCn33Rt') GEORGIA OX LTbO(l(lO lr trSilO6Olrtbt-ot'l IVI]N tSTR\' OF .I US'f I(][ '" pltJ/rJ J!! /gt ---aQ- - uo''; .,j.rt6o3;1c1ctl-r 3o5161r'nr 1r'riJo6ot$Cro1r q1l.lf,g.ril35golr b1q;11,j6-1q3i"-.' 3 8.'gotio 1,r33.,1 $go;sd<,1,i,,6q<'qs$16,'l.r -:5'5t] ,1o6tg.,6go55 J("cr,Jcq(,., 0o6otq|6,'1-r .l,r63oq'o 3o,rq6oq2 f* bJbCr(0?OBfj EOLUORBC6olr bJ)OC6O(,) STATE PROCLTREIVIENT .{GENCy " lLe sz /t " ,-1 9 2007 6 0o6oLA6olr . lr,$6o;3q,,.1-go6o6lrm.r a.rrq,3n(21, &,6c"6 -poAo66o ;;fur"ri or-338o -16.04.07 g,qotr 16,07 _Ot/3114 g3Hiq.r, v V .1o1,r15* do$r.r5o qo&$6o, Jr$o3olrgforn . rr.ng3b$oL oo3d3qc.Bo63 I'r,1ror 16Lrfl.iB.1o,{o . ,, ;,JrJrt, )6a,).,1 'ii,ri. rj, ji,. I (tlj j2i t3-it_n4 b Jd,)ii tli 3d R{,} l, 0{i [t 6fi0{} d it d., 0 AJ5308|JI,,SbCl, 1rJ30601C6 +) ",//', €4 JV{INISTRY GT ECO}iO.ITJC , DE TTLOPMETiT OP GF,ORGL\ zod6 Nli//z/J/3-.:t lr.: j.: r6rn 3;yq' o L go6s6Loro 0D5oU06oL Dooq6oq'gL do$oE qoilo(yloo 5;1o6pod1L ls$o5r,r poeo$r4o, ;1.;o6r.r0o,1jdoc A.:5l1oors6gloL l.,oll16oLOfrr.)il tri6olrorqs or;1366o 2007 [iql,olr lli oJ6oqoL N074U3714 $X1.ro,:(o Los,.r/rolob q:dqX3o[r Lg,:lTgflgXr* |iJL.!Bi) qoSol-rdonloLr (PRSO llD qos3rr5.>6lr$olr b16q'ii,1;1,r,1q,;I.rlrooE qs;,>g Botoni\r,,r, qr.: i1.r65rolnlo, 6mC 0oto63gflr.,5oqoq 0o63r6tio,> g,>63a,p[,16oi{o (,r,]TDC60otr 5,>6toyq3.> 0Uogqoo Do5;oL 6r li;1om,: 14ndoL !.r;<4or?r'rr'.rr,Lor t l.:o13osgn,: Lo-,o6 q,>6n63oq' 8oqrJo6o3;d6I1X, ,:q5o?61q Croq.rJ..14o,1g},1l?o 3, r5o$rqnoloL, 3ol-rsq3I.>q [o160roq,oq6,15o n;o6oeo316o 3.>63ooo61doL Lo0cioL$loorU l,n;,s63r'r 3,>$l,rr"ioL.: q,,) bo616oroBm6olro ;;o6rrfo;26o X16rlopr6ooIleol-r pUJ.Jr6rlnA066ob 2o,j6oLoL 3r'rop6oqoL 3oj$o6 iodr.>0o,:lr rlrGRo[,.:0tlrnb, 1r..fv/ .r.'6n3nl,snflnr, 3o6o U$/oo L: 8r'r'r;111,o1q; rll0rt .'ioq'.b., *.t50x6oo'd d "\l' 12 12. G, Chanturia str..0'108 Tbilisi, G"ofgia H:t I li. :L_L: l I ' rn.,d.rr'r,1r.r; \olon,l; Ter.' (995 32) 93 33 81, 9E 43 1i F!)(:92 19 29.93 28.:,1 n2 01 0E Fil ria. : i:-:;r-': ffi li,r,l.:,r,,nr.1q,,"1, ;dr*3ti;;q,. L,r6,1o ri l1f5 ,4;t'x.l- t ':ft;.r!':i/5 6irr{' : 99-r\r. rl-') ,,"1," ',i 1r;l--1ii ,itltPlti[.,1 2l:l'r:) ' L[6Ai Gl rr." .F,l,rr,.,r irf()iaqnL),J lov,rc. ll) I !0lrl r L ,.,. J, r',;,,1,y',..r|.i oy.,0utiLoro i r.ll( il,(:)ri).1L il( i,.,r \1,)l) !-(, [,ni.,troq.r'Jlr,n.r]q " r,n.l.ir..r',)'Ji( )a;..L.r . rjoirj,,.(.i(,.riro,':6 i;oqror+roS.[r {].j ,,1,,J: r.)ei\oq)rI i}3o6(eJdCli 1.1,,r'l 6.63rrur,(')gl,oL tl tlJ b5q,ts3iJ\j9.So 6 t.ri01 $-,)ti 'irrJoJbolj (P I.tSa) ll I,, \r)!r(16rEUCO,)I, btq,il,r.cti,r(:.,r0, )L .tdnr,r,l0o l,.,1600000), t;'r rd L"1l;r'rrr33qri'lb jlri:,.,t;rl.:1,{, i,l.,{i.;b jqtjoirfiUq\) (.o,lilAij6(job a.{;rrior d'rli ri136rt),' rr'r r..hb rfi,l 1.111,,r}3i\.(]r. trror0 grio36.1q,o U'li'3r r r'8.:U ci11ijq.;1, cn.,1, e,r(' l6oq) ,)it6l)br 'btjl\)o urcriro<orr) r-rr,rtjrb6i: 0r.rlir\)trr1,9obl i.l, L,,r",,rlr eri)Ci\Ooq, 6r.ro,,J iri,ij0f,0.1cto. rg6o?J6,3q, .r.rr:..J..n;.,.1:i8Jair, , F,i.itri) irl .:',.e.rD A^)Ei,Fv*:.)r ii\ )i) i-r.,,q,i\tr \i:ct33;ti,r '4, l6r.ri),,li0' , ir (')_rth \Jir. (., jj,'.-r'r .l(j,U'{.{,q) lljr 5,' ilr,')l13E,J(]o ilLr6-i.jil lr$rJ6 013, R [1t, A6ina0L, ,sJ6t600ren80bJ qJ bIl00JR?i,0 RJBA0I UJa0E0lr6(6fl MI]AE TNY OF T-ABOU-*, HEALTE .A}ID SOCI.{,L A.FFAIRS OF CEORGIA a/( "J_{" ,i, ,- " 2oo?t go6.r6Lor : Oobobg6ol_1 0o.:qg6oq,gtr brOr'16 lgo0o6d)o 6o6qrdgl_r b;6e16r'r qro6og15o, co-gq' r'r0obs qr.: bo6o;qrg6o qr.:g3olr Egdobgq,o ojggEo 16.04.07 Nt07_ d30o,, 6r,10 b.: j,:6or3gq,arb Br6<!6oL, pr9o6.:61_rg0oU bgq8336gq30ob g.u6 go.lqrg6o qr,rg3ob l-r,l0o6ob$6r'lb 5qgrQ. Jr6o3oUg50oo>, Oobobgrlob 3rr.rq:goqrX OJOr Sr6o"JfqodJ r- r)( |lo. :99595A215 Apr. 1A 29O? O5:42Fa1 P1 ti,\d.\6(I)301{C) 6J6Dosl:ILOL) Q'\ AJLI6O06CIOU L::0060LOdr('l l-ri jr6or33q'r'rl-r go6.:6Lot > 6o6ob66ol-t 0r'r:qr6oq'31-r - O:6.6., qloAo66o 33o6qr'>d3l't bJorl6('l Qoao06o, ,,-'?:H:#Tr'.-.:'i:Ti",:;'; lr.:36or.:tso6obc'r ll-icrg os 3o sl.icn'>6 qo6obdo3bob qrrgo6s6li3bol-t Uoq,:6oboLr qr;dq'33oti b3ffi 30$3crbo 03bl03 3t+r(.}gigb. .:q6o663q'or,:6 P.:3r3Bo63boor Oogc:6agro6oq,:qr do63sB6os 6oq''>Jst6,:33b gbob IrOr6car 'dgb33qo6:b qr.r3b$63b; b3q'; 2007 $q'ol-r 20 ,>36oq'l-i qr5360oq' $ogp6os. lt I Jsgo3otrggdoor, "' 5-lt' d bgq"r $og36o.: Ao6oUO6roU 0<'r.:qr6oq,g B.)i1l,oi 9! i: r.l vi5r99 .. L.: tr.!J"56U-iiJCtat')b Jn566,l1ROL JSR5cbS iliraneber of Control of Georgia r2. ., u , /7 L J.J 200$ )ii)0 )l.iil !:- (1)1, 'ri0r).\l,L(J) \ a06ot,$irt)lj Ui)r!e6O( i.tll 6.)(1r')(, tlt )lxtta, ) ailotiq.\aiJL i,\, t,.,t ., e-,).r,ritri. (',jr,y'r' lr, o.l:007 N 07-01/371{ gr6oe,oL JibSb)A 6.46ob1po, i6cr0 b6p5rroAoL \!,,r'r\,,r)r,rL a.rl,ri,.l eo6obdoo8ob (PRSO IIt) q,ry.asStr9ia, b5q,6336gqo58rbors6 ".Jq,ii5"u (,,. , jirroJoas, a.lq,sJra,r.tJa30ao llllj)6,ol3Cq,ou 3-O6c-.,q",t, ab,nn.ro ,,,r1.;y'iL i],.1,,;, a-goACO,Jq, qrss q)6rrb<:q, ah,br6ECS.)6oq,)e ir,,.,.,lil;,i, .eot iI,r(.rJs6i.\.t030Ao ertj:lAC6OCa,bC 6u3a,:Oor('lor aumgq__ i.;.*0. r 'i')il,\1, ,,{,r iitr; {)r 3+69i eo.gta, te ini..-o.pffi -v/eb- t-omber@qeomerlqi trrert ' _tf 6CAn6,A0bOL .lflC'lf'ol9OEJGO0L LJJOo)b Cb?O 1.lJdJ66)AJRt'lL l-r5bCR09OBCl AO5OL66OL JJJ6JOO * o"/ za\ ., - 1.4,.. ^ -tooi v. -\ L'idr6clACRr'rrr go5,:6Lor.: 3o5ot6r6oL Sosq5oqXl: l.:grr5 qoSogdro 53o6q.:d3l-r AsgcrErr po0o$1oo .^;s116r"1;tror, 6oB ?007 $qol, 20 uJ14oqoL.rar3oL p.:6363oqo 3oq';J,:6o,i;J3loL 6si1,>6or3s, 14mBqog $.:r<rBr.rl}l-r Sbro3qnro dL:53ol.r 6r63omrt4XJoL LsCr6olBr.rr),)Lo .,hmgo.:go;LorsE lrossrr:nloL, qldqC11oL h3q?X$yoB 361o36 qo6oLangdoL (PRSO III) po g o5s6lr g3o t: bgq'tx;r,o nq'Xlc Lroo6 q.:,is3?Jori xAom ' Eot o6? 3[rnE oq sq s8rLoro5s36 CrprLO!604 B3flr flr'r6o$oq1rn}"L .:q5o?6nq Br.rq'sJ,sdro;glld?o, J;go3oL6nBoor, l.: r hX ,iosq6oq;1 3o13s35os, r.: '- iet bJ dJ6.m3lql'lb MINISTRY OF ENERGY 35J6.ACOnJ0b bJa050l1t56,n OF GEORGT{ *41ee ..J+" 01 2001 6 LrJs6orC3qt',,1' 3o5.r5tros SoEoLgr6olr gosq6rrqSL arr1116 eoA116611 63oGqsdgrr do1)o5o qo0ogr6o, l,r;J..t'to;t;){l'r,lr ;tE;td'i\il6r,.t0i) LrA.Soh()t6rqe l,,,\6irr,rq,,\ ol:;.16ir .\a., Fq,,,l, 16 i.lro,,rq,,lr lV07{Vl714 fSrooqoo $.\611,.,lluiJtioq,,,, l1l,r,BqI,(,r, r\;E,1oL ilrGgornsdrldot: 1,"J6,,,. il(,,6,,li.r .r trcl-jos11o.rto,rE 6"61,.: hoq,;;11!Il,,, troqrr+rrrAo L q,><lq j3ol: hJq,rla[,tr,d.' qo5r,U.t.J] 1, (pRSO III) !t,.r11,,6.161,1Ao1; L.rq, ,,rr.Xs,CdD ps r.r,a ,\e6i!'ttB-rul hJq, AJ,,r6iiq0As t,oi 6 .-n,t..C?^rrrrAo,. rr)bCaoo,o ,r.r l6'rA,t,56 t,.1,,.,,D't LJf,,';r;16JL, ..d, d.,d,.,f,60.,, ,iA,\txD,r6. 8oqs,tsr6s,1333l?o EoE.rflog3oAoL itoL.rq,3i..qu t..6ao0nR6160 h.)il,i5,,l\i6., l) ;;.;rr6(Iflo.1116rr 1,pJsr',grfl;61)r,h ,t?t.r.rlj.l,,\ i|.\1l',F ,t6rrri)r(1,,,j,,1, .(,,1,11r,.6(,,r,1 A11.r5DdnL,;rE(rr(,.:6 j6.\1. rr6o3it,g53oo, D6frog! So,joriio?3oqo ,o5rlL06oL ir'sqo6oql LEr!,roxtc-, ,,L,<rs c!05 e?:e-6a.r.a l rq &r/g"Jn: 99 53 10 9€ 11 L .c-8.{rrr msdaoh n.@.!y toy 9e l0 Lgirb6 et 0105 aLrsr, Gsr.gu lc,f u l? 39 53 10 1995 te 3€ 3t 3. E.f,ad: hrdefi,lEn€rEy "95 EB s. uJJJ,6tniJqlrlu snEJSbs!J LJa[6n10,(n lrJbJtn6rrt UiaL Jt tr,6 fl TREASURY SERVICE MIilIISTRY OF FINANCE OF GEORGIA 2007 go6$lxno iloSotgrcoL &,,q3oq:Jt ;\J0er6 q.&06, AJiGqJdtL U.lalJtI.qJrAm0 N,iJ0n l06cr6rr (116066rr. LAL,b?alor, ;3rnblr &r.q3oqa

I RsBoSrGL1aot 5o0nr6o 4321 -GE Rrtso5r6b3bot bnqtn3r62q3Bs (l-roqrsr6o6oL qsdq63oL Shor6qo!gr4oL B1Ls33 oJXr6s6os) 6rgo633dnqo L,:;l;14or3nqoLr R.) [r,:316ors?r'rr6oLo 6s53oor,:6Xdob ;lrogo;go.:L ?r,rr4ol_r q.:os6oqn8lqo 15 o65oLo, :007 -1. RrBo5.55bCdoL bnq'?X3162qX6.> $o5o8^tndsrtg bnq?X.;r61q61.>, p;o.:6oqnt2qo _15 o36oro_, 2007 g.Xql. 9m63q66.> Ls;lo16or3nqoL (?n8p6o8to 0ohlrn6Xd2qo 6o6o66,.trlLbolr 0o8q38o") Rr LoSr6oroEor6oLo 6s63oorr63dob .:Lm6or13o.:L ?o16ol (?;10p6o8to OobLg53dlqo rrro6o166 ,,oLo6osgo.:') Jr6m66;Botr 5.r5 bot<r6o3q,Xdr troro6 q.>;o3?or616oor 3oE;ELXdro BL,>6pol6drolr Xtr<rrl536qXogol-r OotSocn (Jdro6dr;0s $'oG,>8p6U.>rcr3 t1q?1;16lqglol, po6sr6oToo rp[3r6oqo). ,>Lo6orgo;3 6oqo$33X$oq6dr 0ooqm $63ootLX5nd2qo Jr6o516r3ol-ror3oL qsgo6sGLXloL 6oBrrgo6oL osoBstr3 oSotr 5oogoqoUfo56loor, r'oo8 (o) lrnLboL 0o0q3BB,> 1;nn 6.>,:g,>16., ?6b.:d;3oLo $o8ndo Jr6o6rtrsSoL 6.:Sbodr6oXqldoLor6 qo,lo3?o6ndoor, r,o;6 $o5o0p68o66 bnqBn,jr6lq6dob I5r:$oqoL I gtr6oqto,: oq[36oqo; qo; (]) tJ1liboL 3o8q,633u OoLoqnlo 3.:,16o-3;r,r6rr8o;Xrio Jolqogo,joL B;ri6cr '?go81tss3o q; po51166s. $'o5.:0q3d,>dr3 L6Lbot Bodqndo ps ;Lcr13os1qos ?3cn,:5h0qEnE ?n6q16$X: -2- I Sphqo $o6sqo qSB1qllglo qs pXgo6o6onlo 101 tr.r6,:qo qnlXqn6lSo (g'oE;Oqn}.:r+r3 t3q?n;162q,nlolr qoEr16o?o 8og3o5oqo 5o6trstqSr6SdoL ?3Lod.:0o1,:q) 0o6X82q,o blq?n3r61q3lob 6s62gog3q ErfoqL g,.:6 Br.r oq 6183 6. 102 6sr6pu o3 tn3orL3n3n6obo, r6oqgl_ro6 ;o6gnJLgoor Lb3.>63.>r6;q oJ6nls 5L'o3uq,oLo[5663q,o, [o6r0p66s6n b6qtX,ir62q3bs?o g160o6Xlo to5.>q p6}1q,3}3d?o qs g,o6,:BpX6.rr61 ps5,>r4orEo 3rn6131qo 0Eo?3EXqodoo ;16oL 6;0r,r3i181]trq,o bnq?n;r6lqn6otr 6;3oX36ntr1qo II gltqo. qsgo6r6L6Bs 2.01. ILogoogo.: 6$,rq;,> 1$162E31qUr.rL J6CRoOo L6Lbol-r go8q6doLo3oL q,;9o6.:6Lr3doL [oEs3q3ds613 tXqtS.j161qXIs?o 0og3rEoqo rn.:5ob8sp, 14oSqol-r 3o61qo6,r g;0n$o Boqoo6 L,>dsLo 13,300,000) SDR-oL (t-rJ;go.:qldro E.>LnLbolob Jo16r,rd1]olr ..,or..lbo (SDR nr6o31qo) JdAoArq,Ab6t6o oj56E.: 2.02. LXLboU 3o3q6do X3q,Xd.:Ool_roqos 6so$o6olr lr,>,ir+rXqo$o ;66,:6o?$;1 q;6ogt1qo moELlSo Jr+ro66oBol_r 5uGto16goSq6doL do,LEoo b3q?n;61q3doL II 5r$oqoL I 6br6oqolr t3lr.:lo8oL.:p. $oG;Uqndo16; 2 03. lrXl-rboL 3o3q,6lo 6sq.:1tp.,L .,lrogo,>grroL 3oqpndXrgnloL 5.>psLsb;plr J60Ro0olr,>Xo3ol-'3}nq do6oo,Jp or.:Eb;tn, rrrr.rSqotr Bo6Xq,rnl.; $6qo$.:pto 1d)cno J6r'rO06OoL n<6or 3nor63qL \l%-o1r U2) .>6 sR0AJ63AD. 2.04. L6l-rboL 3o3q3do 6sq,:1tqoL sLo6os13o.>U BoBL;b1r63doL 5.:qrLob.:qtr, rrro0qob fqoy6o 6o5r,j3noo J6CRoOol, do6ooroqo o,>EboqsG Ar$n6oq,o oo6toL 316oro J6r'r13056oL L;0 0XoorbnqL ?n;q5X6L to/toro 314). 2.05 6sqoLotopoL qsg.:r63s bo6goXqqXdo 5o3nq'o $'q'oL 15 o6dldr3sq,lr R.\ 15 ,\AAolr$mL. 2.06 ;t61qogoU dor6oosqo m.:5tolr psgsr6Sr $o6r3q1d.:r63 b;qB6;r12q,1dotr II 6Ldroqto rL,>blqo 616sgo.;oL ?3Lrds8oL;q 6;6Lor6goXq,qnlr. 2 07. .:56,>t6o?L$'rolo3doL 3.:q,1go ;?B qoq,.:6o oJ6Xd;. Itr 01bqo. )6r,r6r6s8u l0l LSLbolr SoOpXBo 6rqq3blqn8sL oqndlr 2tr6l6XXq5otr Jr6o5drsSotr [;160o$ldoo 6;5br.r66onqXbs q.> o0oLorsS po.1;3?o6Xdoor: (o) LSLbol-r 0odqXdo qr rbr'r(JoDGor 0!6JA0tRo )n14omqSqoloor rrroOgqo8n 0b,>16oL 3ooLo36oL Ls33d3Xqt3 3oLstr163d3bL 0rt$or6CdC5 n6orSs6XorL Jr6o6rrroSotr 6.:5bot6go6qldo b q,>,.1.:3?odr 66 oor. -l SoBqoSst4godo Lor.:5 (d) J6mg6o3ob 3o3qo5rrrrlob.:LoruE q;;s3?o163boo BoL.:$16Xlnlofr 6.;63qr3q3 LnLhoL So8qndo oLogo.rgo,:L 5s6L; boq3lqop 1gn ;rn315g;6oLoo3oL g'o161p63GL .:66o16o?L Jr6o56.>BoL 5sEbor6gonclXdolr 8o8po5s6lr'rdoL or,:oll$n, rio83qBog oGSor68sgos ol,ao,o lrolr6tq,oo, oJSXdr $o168oq565oqo, 16o6o16g sBsl_r otro6osgo; gotsEtl$oGoqrp 3oo65;31. (q) s6 ?33oo3.>r65q13.: ruro $o6o3q6d;66 Eo$'oqoL g) qs (15) J.>6.:6dr.:ggB?o 5.:o3,:qolr$o53d2q,o 0ootmSEndoor, LnLbol_r 0oOq6bo 6.r1tosdr6dL sLo6os13o;L or.:3oL Botr;$r638;dL SlloU8o6r6 tn3oo.:3;,b1d1q, to3.:tn, rio33qo6 .;rinpogoL g;r66q,n}?o 5,:or3oq,oLo$61d3q,o ti6LllloLXdoL 613o6o3oL tsnBq66 lEpr 6r6tm6gogqqXL q,: 16oit3q,Ls1,q .:6trS}oaro'b66s3q15o 6J5Xbs J6o56sdoL 3rr65q,X6?o p,:lroblq An"t,S6a.t1, 6oL 6o0rng BlLs,)q6b3qo,r Ssoro 5,:g,:l_ro6y3s 6.:hq6L Ls!or<ro, str631, J6o6rrrr0oL g,>ri5q,6t3o 5sgr16gd2q 616oLBo616 to86E$3, 3oo itr.r16oL, [o5;3q1d;6X blrq?3,1n1q,Xdolr I 6o$oq,oLr I 6brrroqto Booroorldlql 1r.13;16or.:6 qr;s3to163doo. -)- IV 01bqo. rtrogosgooL qr0gs3o BXJTGo$B3do 4.01. b0RTAJ6tqC6oL ?XBXdrnloL q;8llg68ooo Jo16rn8.r B;dq66?o flq6r'10rr+11r'rll-r: oLnoro 6r1630o6iloL [o16OoJAEoi ?3Oob333o?o, 16m8q,oL goSr'rg 3o6302qo Jr6o616s0oL, sG Bolro 06ot36Xqo3s6o Es$'oq,oL 6.>6Lrnr66onq6bs ?62dq,1d3qo 5.:bqn6s. V f3tqo. bXqt1jr6lqnloL d.rqstso ?Xt.r3qr \./ 5 01. t1q,ts3,1r61q,6dob dsq';to ?nL3q,oL 3rR.rR g'o[s3p1d.:Cr;1 blq?n,jdr2qnlol-r b3q3o[3r6oL or6oq,oquS (90) ppotr g.:p;.: BoBG31q,o. Vl Ogtqo. b3UboL 0o0qX6otr $.:r63o8rq6X63qo; 0oLo0,:r4o3}o 601. lrXLboL 3o3q3loL $'sr60o8rq5n6Xqos lrnLbotr OoBqn6oL 6oG:{,LorL, 3o5oLg16o 602. LXLhoL 3o0qX6oL Solr;0o16oor: goSoEl-ros L.:0o6oL$16r'r ot6.:3qo ;d;?odol-r J. N70 0162, oLoqoLo, LoJ,>16og6qo 6 g.:jLoSoqn: 99532 2920'19 6 03. sLogosgooL 3oL,:3.:6oro;: L,:Xr<ro.>tt rrtroLo 6t53oor;163dol_r,>Lrr6oo11os: 1818 H Street, N.W. Washington, D.C.20433 United Stares of America gnqniLo: 6Aq'i]b6itso INDEVAS 248423 @lct) 3;JLoSoq;: l -202_477 _639t Washington, D.C. ?3or.:5t3q6n6 L,jJ6oJAeclEo, o8oqolr8o, tn8oar OoooorXlXq, pRCL R.) 9lqt, L,>Jsiro3lq,o 13q36;Orrtroqo f .:160oBsp6nEXslo Logt6ostor6ol.ro 6s63oosr63IoL sLrrgo.:13o.: 'l3qXdo0oLoq,o g.:60mBsq6lEXqo Gb6oRo I J6t'r5dr.:3oor 6,>o3.:qob$o53d1qo qoGolrdond6do; t9 sgoSs 5l-r;1do L 1t6.153Xq6ogs s. 'i LnLtoL 0o8ql otr BoSrt t-anant ,5"oxa." $o 6:'or 3sq, o Lr g'o 5161q o: I L;bbotr So8qnd0s p;3;;3,:6r'rgoq'6dgq' A3qg66dL Bosg$os: (,r) $qoy6o 8o1y6goL 0oStop6doLs p; ?lLri1q6doL Jr.rlqogo;olr 6;136m83L3dob Lg3rvro?o, 3oo ?r,r16ol_r, MTEF-oL (Lr?X,>q,m3;q,o.:Go hr6yn6oL 6sr+rBoL) L;Boly3go go;qooE p;,.1;3Bor<rl}oL t33Ar.rt., (A) MTEF-I3 Rrtsf,d6;E?Ro LoBoXySgrr .)6o6gLoL ?181?.:3lEstrc q.: Rt606a0rto; RJ (a) Lsh3qSg'o3r'r bor6l6}oL 0BJiot6r'rdol, 5o2SyoBnLgdr$6 gy6;pg6loL 5;3rb3oq18;?o. 2 U;LboL 3o3q3d0o: (s) qr3c,j3r1t r3oq66q.:q 5o6.>bor613o;q,r 0oLo Lrljqsq'gr6r'r 66gor63ob LOd'r0C6oo; po 8) 5o5Lotq36o q; $r.r6r,q L,:0o,:3r6cndm 1[;nl,Xd1L $r62q6o5o Lsryor6o Ls8sr+roq'oL oUriopolqo Jo6;BoL go6oEb1rno qo ?nLrn2q,nd3po Lo033sol_r ..,86.:6o?666o1, 0r-rorbo353do. 3. LXlrboL 3o3pXd3; o) q;3;,i3o6r.r3oqnlq;q 6;G;brnr6go6q,; .:p5oqoAr6o3o o13oo33116o31qmdoLo3oL sbgS;q Boqgd?lq. lrslo1y11)rn $Xb6doo 6:6Lotq361q,o 8mrnbh36l6o 2008 $1q,ot, do1y3goL,>o3oL qr A) LrBtdCCqo Bo16sr6c 015o6oJ.>q16o [r.>]o'35ngo q; 3o5c6L16o s56;6o?6XdoL LoLg13,1]oL ;1r<roosGo LoLg60ol-r 6;53oor.: 14 6 du l-r. -l LSLLoL 3o8q,n63s 5oSoboqs qs 5sEsohq's .>5go-Jo61ggolg1o LgrnrgX6ooL L,:0oJ06qo 6CAar o0 Oot6oor, (1oO 0ol-r?o q;3ojl-rolo3d25qogm 0ol.ro 6-o3o,>5o 6o5Lorvrgo6q;doL oS5s16otoL; q,; GRECO-3o6t4 3o0$sqXdlqo r50,)6o?oL ?Xq356do. Lgtrbob 3o3qXd0o q;3.:;3s3rn3oq6lqsq 6oSrborigoXq.> 15nr663go.1ol, LXJgr.r6oL L;?j.:q,o3spo.>5o Lgr<r;g36ooL 5.:5sLqgdlq'o L.:3r-rJ36pu 8 pJlA" S: -1.!X'JACt{o slyo16r 3oOhflo6lEq;16oLooxnL rErr,ranot. .ro\(rpJ6ob ir(.)bo6o6r'66r, t,,troJaoL 6oarruoq,o6ad.L. L3L nL 3uOq380s 0osqgo; l_r3JfiortoL Lot,rCrBmrijol, 6GX1663go;oL .lu:!R" 3rq'ol Lo6r6d6r'r8 ?X36oo3doli, -a.,asg ot.6.o13-(,"1; 1r, (o.)r .JJJrqfloq'o. 7 Lif!^bo.L 3o8q363c: D) Sooqr'l rbsq,o ltdsgm ,1r,rp6JLo qs ^ d) dooqro 6.:63ohr.rrngolq'3d3q,, T,1Lg6o po Lrdo,lo a;.;.St;[" l0 II 6rVoRo. qsBo6rSLldqll 8!6ao,.lJd.Bo brSoflo"Jooio 601?6LABotr bAc'lSotrsf trooBriS.: d. ps3o5;6LXdoU 5sOogmgs. 1.o:go6"GLgds 3rtroro g14o6?ob L.: boo oJ56d,; it,n63c6oq, A,,dr-,yaB,o'{,o. ;1333r.ro, ghr6oq,io ,:lli U 3q"o p;3o6;51;Bol, g.rrzr6q,33to 1t rn 153 3,.rl5rr 3 oq, o L:bL60ioL 6n0.X.,"1n, 9 os6L0boL 0sA(9U(9Br AsS(,fl(r,EoRo L.:tt616olr SoglqoBs (6s8ot.:g1q'or SDR-?o) looro 1\6s5?o 13,300,000 3orqo,:5o 0o111q'r.rA,: 13,300,000 6. qrgo6rSLXloL osSbSdol.r q6Joto$gdo. 6.>r6pr o0 tXUob3n3oLs, r6o6s ;ll,r1jo.:13o,> 0osqIg3l-r Lb3;6no16 t3ooGb33dolr, l. \-/ 2. qoSo6oSlrnloL sS6srio?ops6 As$r6oqo tr,>tlr6nlo oLo6o.:gool_r 0o616 poop1}. 0 AqgAotr 3o36 6.)3r.rgo3oq RD sLogo,:goolrsrn3olr 0obsqXd s56 dro?$3. 3oBq6b3.: 16po 1trr6153gqgol.r, 16oO s3 .:55,>16o?%3 qogoE;ELnBolr osShoL 5o3Xqo 5;5or.:313tro1.:L OoSqXdoL l_rsloXyCOrn Ar6oCot' l.,oL003r?o 3r'ro,>tr6n6o Xj3o3.:qX6$116o orsGbr .:Lrngo,rgooLrorSolr SoLsqSbo 66ooqoor. r-o. R!t?A1D0qo trOAnSo. LnUboL 3o8q36o 3oqqXdlq,nlsL oq,Xi5lr p or41636q'1o1, droO psgoSoSL3bol-r 3.:rn6qn6?o 6.:3r'rSogoq'o L;bLr63Ao ;6 oJEXto 6;3o;1n63dAqo {gr??C0A0qo br165lbol.r q.:Ls3oEr5Ll}qsp. orj ;Lo6oo13os 3oo6533L, fre0 p;go5r6L6dolr 3sr66q3d?o 6.:Sr.rygrgoq'o LsbLt6nlo Rnt?C6dCRo b.>16y3bol-r qsb.:go6;SLndqsq oJSo 6.>3r'rg65gd2q'o, L3l-rtoL 3o0g3Ao .>Lmgo;gooL6oG ts;lrsl.>3oLo 33$1r'rlot;8oL Soq3dolro;6.:33 p;11r-r353dqo3 r.:5otq.:316Xll-r ..tLXrno orEbol-r nJ3o3oq,;15g.Xr6 3oglqcod.:lr ;LogorgooLrngoL o6otqs3r6661qo LsbLr63Lo l-rlLboL SoBqSbL .>q;6 0o3 $ r,r qr ;1d r. g. ,lt6XqogoL Rbtt6AoL 8,!R.r,\: _31 N5Ai6o 2008 $Cqo ,I0- Ob6oRo 2 Ji60R(,6(,l, R,iBs68oL A6!8().1(, ;16 ;qo goL ps gsr6pL o.r- ;t6nqogoL dor6oosqo o,sCbo[ qsg"613. (pstrsSor4o ors6boL 3oglq'r'rdr 7o-?oo ArAot,JA?|('o)* 5o3Xqo 15 or6d3r63sq'o p.; 15 PJov:1rd.' 2017 $'q,oL l5 rg3oL6oL, 2027 !'q,oL 15 trl3A3163Rol, flJor3q,oo R.oVfl,lAJ 2027 [(,oL 15 .dtoLoraL, 20a7 Sq,otr t5 or1d1r43q,oL Boo;q,oo, * Jt'.-r,OA50oo, 0rAcltr6flRo,) J6CRo6oL do6oorRo olJ6boU RrU,\B.>6,) !o11!emlldo, r.9 ?-3!o b3X33A"L', 6r.rp3Los strrosooso; LL3:63.rn:q . $r'r6oq Jor4odSdL / ,r'ir.'$(i6r0l, -a.6rp. 103 (A) rb$,oq,oL ?Atj:d"AoLJp " ,ll- Rr5,r6g)o I 5.>$oqo: q6goSogonlo 1 "pr1?3386q b;r6y3Lto" ?63q36o bsr6yn6o o51qoLb8lBs: (s) o0 LsJoSqoLn pr at'r8Lrt?66r'rdoL ?31.:LXoq.:q 6s$'Xlqo ho16y36o, tloSqoU q;go5o6l-r6bo nr6o351q, r5 L,:gdror;tor6ol.rrr q.:go6s5[$oL Lt3.: o6LgoglgorrS, D5 d,:5;or6 6,>grnr60Xb2qo ,Jm566rJ$ool o6m 5.:o3sqoL$o66b1qo, oE dro86qorr q.:go5s6Ln6otr o.:obotl EXoro5bB68,: sl.ro6orgo;Ls rE 8;5.;o,>6 oSrn 3oq!'31qo LbSs ;163qo$oL, 6r+r.:6$oL .:6 Lr6l-rbol-r g.:66qnbtso. (d) o3 L.>JoSqoL ?Xtr>l-rXopop 6r$n1qo b;r6y1do, r6o3qgdo6 5;316oL 3o1r+r L(5r6oL0oJt6 3;l-r,:q,63?o, M [rnr6os?o, No. 34lRev.3 (1986) (rhe SITC), 6o0oj3ng5ndlqo LgsEqs6gXq,n LondrorsBcr16ol-ro l-ro3;$Fro;q,oLogo3s6ooL. 03Lo3n 5.:qsLoSylqo 36drLooL (SITC, RevS), j363oo 3o53;6oq, y5lgL r5 j33-q66191, ,>5 SITC-L 3o3o3sq?o 6.:q.:Lo652q ps 5s0oJ3X3516.gq, y5ggL s5 d3a-Xattl, 5,:5X;Xo353d,:: Jarxaaso tt2 LojoEcioL 6rSr.rEsorg.>c,lo sq;r. mqXfro L.:13,1q' X l o ltL 6.:p.:X32?r3ldnqo orrOd.rjcn, tn.: 3,1.: Jrn I r 5;68663do $ s6 3r'r $ 6 81q' o t)2 or.:SdsJcr (ps3o1.1op;Lq.:q oSoLo ?;o6o3[r o2 rr6s osBEoJgrL ?64633q141) 6rRo(,,iJ0ot6o 515 R,) .)A arL.iROAo}DS q.r.1;g?odrldlq'o 0rlroqnlo 3sr65sq,o$o, d3o163sl-ro 661 q,r 5;bn3dr;qd3odrg.>Lo - l2- dtaEn, qs01?s3;1lpq'o .'t6 p;1633.,'3Xb1qo il8 718 7 bot6or32q,o 60rJO116tbo p,> 3,:oro 5o$'oq3do, l-rs$3;3oL 6q60n66nlo (3s$5gdo) 6,>3oLto36doL 6;t6nt3 6o16o31po t6 n,:,.1$ c.r rrr 728 718 13 Xtr o lr ro 3 o L or.:3d..l Jr.r L 6.:q,:3s31Bs33d6qo 0,> 5 ii97 897 l J.r 5s- q..l 5r q 6 or4 g D o rrjdroU,33ri13Lq'olr ,>5 Jq,.:go5oL y613oL qoormSoL 5r.;Sor.rdplo (6rloqs Lrs,>o;8oLr p,> Ssoro ImbBl8ot,>) po ojr4o3$3pqoL,>5 3n6gtqoL 5o;noo638$ 3rn323s36or,: 5s;6orr.rA3d (d3o6g.>Lo J366oL Bs argq'oor ()t I r.rJr',rr.r,;16..: BtRnRo (A,)6R,) ojr6rnL 3,rq6oL.: Rn ,.i(,5(]C666rOitAoLr) (C) L.at3qr+rro, Jor6s-Lo0bnqr6ro Lsjo6qoL,>G 31g163dol_r l-u663dotr ?6byop3"Utr'"5 q,!,Jr3?o636?tq'o Lsi6!(n6o: (p) 6;630oLor3oL 'bol5oL 3rn0gr6o L.:joEqoL ?3U5op3oL<n.>6 5,r,.1.:3?ornld1Ro LILLoL b-:14ry1bo, 6o0q,oL $sr60o6ds .:G oB jmr6go ,1ai"[1q,"" a-o8-qn8ob ;;5r,r63pXlq,rndocn .:E hXq?1;t6'3q6d1doo, 6o8gq,ot 3b,:r661 lrXLboL So8qllo -ll- L.:6ior;?rr6oLo $.:r+rerrJq516L. (g)- oLloro lroJoSq'oL B3L5op3..,LooG rG o0Jorrrgoo6 p;;o3?o66Eoor 6r$'1'U{o -b.>r+rXXdo, rvxr8nqor.y o8Jmr6go .;Oa.,,qXq"J'5;i1r6ol, 1L;gdrorLtng8oL LsEloL Tnlrpl}oL VII or.:3oor. _ (q) oLgc,^,Jr'l566rd6(1o5 qo;s3?o6X61qo p.:Grb,:r6yntro, 6op3Ls6 ;l-rr.rgoo13os 6oo65131, 16mfl lr3Utotr 0o0qgloL sE ;16nqo6oo" Ambri?,0;S"q,r,i; f sr66m3;q536q,_Xdo Jo6t36ltq .:6 1,j,>5tr5o 6"An5na"tn o13E3E ffodrorlq,o ;6 tnLgoq3oL 6.:6tcr16GoOqldol, -iri-g1lrtsn" p., 9-Jlaa.tq. ^3m5grr-.:JgoL LlbboL 3o3q633r p6r.rlR,>R s6 Sooqo "1,o13n,>]jnuLol3nl, q.:3.:,j3;6113oqXd6qo $r.r0g6o s6LndSqo 6oo,o166dob 6;BmLoL$'rnAlaqsq 2. GRECO_5o?5o;L "j36y,>6oos y613o ;o62g6ooL [o6.:sq0q36". o6o ;3r-rrr L.rd^!mL o5o13o;go3oo q;sFrLqo ps 3ot6oq oL.rbs3L BoLo $00d,o B;d0.:lr 0d,.nar6JoloL sSgo;r,r6pggo1q,o ;.>6oEBq;1Uq,otJ; d;3JU60a,l, a.1," 5.:5bmt<r6ogq'3EoL 5$gdoU 6;q;b6q3.;?o. (.i- 3. "trr6,:q p6d1qnd3U?o" "lr,:66or;?o/roLo 6o53ooo16ndoL ;lrmgosgoolr ;6npogSdLc RD 56.:566}or;5 p,:,1;3todrgBlqo $o5;qo Jo6oln3oL,, qo;10356o o62qoLb336,:, 6o8nqog 2005 gq'oL I onqoLL ol6s 8oq'gtjqo (boqm G3qoq,1b3do T33oq; 2006 g'qoL 15 mJ6'rad;6L) q; 6rm0qol, g3q'oq,;838o $'o6.;Sqg6rtzrn qs6,:6oroL II 5s$oq?o.: olr;LXqo. 4. "MTEF-?o" L.>ts1sqo3;qos5o bor6ySboL LJgSs o6Xq,oLL33Eo, r6m3lqog L3LboL 0o0q'3doL 3on6 lol1SgoL R,5ACAaCoLr q.: tnLr61q,68oL Jr6o6;1lrtso 6;0mo1g56d;. 5 "Jr4o6r',ro0c3o" Logsr6odoL 3p5r6oq tr;31d33qtn p.:drq13ol, b;rq?n$;r'rEoL 3o$6oor ?n31?s35d1qo L;3r'rJ03qo J(om36.:3o, 3o$53do p.: Jciq'o$oJ; o62q'oLh31d.:, r4r'r361qog l_rlLtoL 3o0qldoL 3o66 LogosljooLrn3oL $;t6q6X5oq 2007 $qoL 3 Ssotrocn qoocriogndlq LXLtoL 3o0q6do J6o5r6r3olr ! 3dro1q?o.> ol-rrLlqo, Lrpsg .: 6.15bm16go6q'ndoLrnsS po;o3?odrSdoo g.:qpXBlqXbslr,1ol-r16lq,ollr p.; ,>LogosgooL J6r'166r0oL ArSb116OoCq1boL J14ogSL?o p;L3,>l.r38oL sq0oB;15o1-r rnoolr$n orbo3Soo 0o3o6o;3L. 6. "16oX6droq 96.>6??o" o6 3qoLh0;1d.: $o5s8pgd.:r63 b1q,tt,yr,o71p;16o1 l-sl ghr6oqoL 3X-2 5,>[oqoL or3 B-?o [st63oq665oq 6L6oq'?o 3og;16ro16o.: "p6orynt6,:qo 6drsStoL;o3oL" 6;Srogmgoqo pogo6;SLndoL rtrroqlSmd;. ,l{- II Srgoqo. 63qoqntgdoL tngsEo $o6sp q362q6}6}to 2005 gq,oL l o3qoLL (2006 TSoL l5 r.rJgoadnr6L ?gg"5oq,o s3q,oq,16, r 8oq6d1q " L.: g16 o.:?r,r 16 o L rr A^rbJomod'CdoL ol_rogoogooL,jr6Xq,o0g6trc q.. a,rr56Jdo,n6 q;;;3?o61d1q, 'br't5op Jo6rndldto " ?n3q36o g3q,nq,183Bo ;ltr.r ?06..6o,q,o: l. 5.$'oq'o 2.01-oL (o) J 6r66r3oL }oq,o $o6ipJg)Sdr (6l.,A0q,oU cnsbbgdot, -p.r3ogtnOn6"Xqnr aI!.IS"q .3t.. ;1.,1,.6o1 o,rr.rd.>.1r6 3 6oUbrpo,rGsr ,.iJmqld;1q,o. , o:*. :01 (ao$6crA6oJo rb6,r6ollAo) *os 2.05 rsls?3 Ro h,,d)yCA"l iirr,'('orboro oJ6.: oSrnqndSqo p. II BlbqoL 61036;6oo ?31-ro6o0oL.:p oj6o ?Xg3qoqo p;dr63oo( ),6r6d,.,?iJ-6o l, r- tr'}6sprp) (,o 4.09 tBnE"6Ltr, doq'ooboR oJGs ofoq,3}1q,o to bliJC6rUo ) ?lLrAoBoLop oJh o- _(!o03qL.g 623nr6ogoo t3Bo.,, odcSoLop 3o,15o1.: q,> LoloEsl,,,L Xop3rL ?nlt3}oqo) eorqos6sq oj6r "6.>foq'o 406. 6160Xdo, qo,1.g816g6Eo po oqr6o6b3 (6'nA0q'Lr3 5XBXr6.>6o.: t63oo Br.rg3l,6oq,o B3-3 Jodr,>66,>got, 9; ?Jlr,,dofloL.rq, aoCSolr), ?C3;q,oq,o oj6.: p.: t6apn[n tsUno H.rar6,rq,"napn, i.IX.l07 - 15- 6^f oqo .l 07. t/,ro66s3r, L A{o606r.lrao66o qos.BSgs 116.; t-o)^1);rrB 5oL 'qs 3366:1R,o brdryndoL,' pggo6ogoo ?6G3q,os{,o oJE; q.> o6. ,i0riq,JAo,nbos, Es3r,r1sq,o6po: o L;1oo Loboor ..,^3nLgd,. ^LroLLr,o3JoL ab06R..,i,1d,oL no3"q,ol[n[1fl, ",6. *1o J(4llR,CdocD po1?3XBq,ogr :t,6ErJq.n - 16-

CREDIT NUIIIBER 432I.GE Financing Agreement (Third Poverty R.duction Support Operrtior) bettf,eetr GEORGIA srd INTERI\ATIONAL DE\TLOPMENT ASSOCTATION Drted lSJune ,zoo7 FNA.NCING AGREEMENT Agechent dated , 2007, ente.cd inro b€rween Georgia ._l1J_y:a (,,Recipiem,') and NTERNXTIONAL DE!'ELOPMENI ASSOCIATION ( Associalton,) for rhe purpose o defined in thc App€ndix to thi fioancing on the basis, inter al undcr the Program and which are d and (b, the Recipiant s msinte frarnework. The Recipicnt and thc . ARTICLE l - GENERAL CONDITIONS; DEFINITIONS l.0l v The General Conditions (as defined in rhc Appendix ro rhis Agrecmenr) conslitute an integral pan ofthis Agrecment I 0:. Unless the conrext requires orherwise, the capitalizld terms used in this Agreemenr have the meanings ercribed to them in the Ceneml Conditions or in the Appendix 10 rhis Agrc€ment ARTICLE II. FINANCING 2 0l The Association agrees to extend to the Recipienq on thc terms and conditions ser fonh oi rcfefied lo in rhis Agreemcnq a crcdil in an amount equivalent to rhin€€n million and three hundred rhousand Sp€cial tkawing Rjghts (SDR I 1,100,000) (variousl),,,Credit" and,.Financing") 2.02 The Recipient may withdraw the procecds of rhe Financing in suppon of the Program in accordance rri$ Section II ofschedule I to $is,terceme; 103 The Maximum Commitment Cha.ge Rate payable by rhe Rccipient on the Unlvithdr.rrr Frnancing Balancc shall be one-halfofoni pcrcent (lb of l%) pcr anrum 2 04. The Scrvrce Charge pavable b).the Recipient on the Withdrawn Credir Balance shall be equal to rhree-founhs ofone pcrccnt (114 of lolo) pcr annum 2.05 The Paym€nt Dates are February lS and Augusr I5 in e3ch ycar. I 06 The principal amount ofthe Credrl shall be repaid in accordance with repaymenl schedulr set forth in Schedule 2 to this Agreemenl 2 07. Thg p2yrngnl gurrency is Dolla$. .iRTICLE TII. PROCR{M l.0l i::J.T#lt "o"", irs commisnenr to lhe prosmrn .,nit ,rs In,l,k.,,r.nr,rxrl (a) lhc Recipienr and the Association shall lrom tirnc r,, rrnr(r. rt t,lc r.,Irc,t ofeither pany, exchanre ,vlews do lhe p(rqrcsl n lhe hogarni (b) ' l{r*l rrl ' rrrtr'rr' r'l prior to each such exchanSe oftic*s. thc ltc.,l)i ||r str.,[ ,tr,nr:h t,r rh. .\ssociation, for is revie ,.t i.".a in .,..yi,-e o,;,# ill*,:,J,,;I]l:,,, i:;:l:;,',; ;;,i,T l.:.;il]; jhall rEasonably requesr; anu (c) rvithout limitation upon the \ecdon. rhe Rccipient shal. proposed action to bc tak shich Bould have the etlec progam, or any action tal jpecified in Section I ot Sch ARTICLE TV. RXMEDTES OF rIIE ISSI X I I I I( I:I Evenr of suspcnsion cons,..rs i,r rr.. ! ,rr.,f,,,,,. '0, rflsen Ll:-l:l'!:q , ,,,,.,,,.,,, whrch shall male it imD.obah lclh'(I|clt" II'rr' I I *rll be canred our ' r, r'rrr' r'|J "'!rl''r i ARTICLE V - f,FFECTrvt:.\-]:\s j0r ]h*;ll*** Deadline is the Jnre ni,uv r'xr).r.,!,,r.r,r,..r,,.,,,rrr,,r TRTICLE VI - REpRf,Sf,.\Tt.f 6 0l The Recipient's RepresenHive lr r:; \rlt)tat,:s\t. s is the Nlinis!0r r)l lriir iflLc -lThe Recipienr's Address js: Iqinistn of Finance 70, Irakli Abashidze Srrcel 0162 Tbilisi Ccorgia Facsimile: 99532292079 'l he Ass(rcialion's Addrass is: Intemational Developmefl Association l8l8 H SEeeL N.W. WaehinBtor! D.C.20431 Unrted States of Ahcrica ( able address- Telex: Facsimile: INDEVAS 248423(MCI) I -202.111 -6391 U'ashington, D C ACREED al Tbilisi, Georgi4 as ofthe day and !,car firsr above wrinen Authorizcd Repcsenlalive INTERNATION,\L DEVELoPIIIENT ASSoCIATIoN Irr' -' /'''/4 Authorized Representalive -.1SCHEDULE I Progrrln Actiotr!; Ayailsbility of FiIlatrcirg proceed! SectioD [. -\ctions under the prosram proqress rn: r,l) 'rnft,vrnq J\'ticy.rrflrcnt lnchxiirtq l.(rtcr li L rq r,t thc \ll ljlr t,) enting ,,t Il I liF.h.r\cd !xt{cr.ry y l. ')t p"lrrc Lrtcrrlitrrr.r The Recipient has: (at sarisfxctolly ,rnplcr.(,rr(il I,nrc5s. rrr .\,.,,r.rrrnH ll.ti,rm r,c rir,urciJl., Srrarery; afld (b) defined and lssued ro {cncr:rl :o! r,r.{..r , r* pertbrmance reponing requiremenE of the I_cgrl l1ln r.s ,,t t,,rl,trc t .[v l:l(1.)ry , trh L( r.rtr,n ,,t'rtrc c\vly (.nicted rts t')r ttrc jr)l,l,l ,,,r.t|rct. .ur,l I b) injtiated rhc ik)n,r( ,,f r r|lieil).rl l,rr.lsuring rnd tinancial l. The Recipient has reviscrl rrn.l BI.ltcJ rtrc \r,r., l,l.tn ior .\n!i-corruDtion '{ rr'l rrx'rrrh rrr'l'l''rrr(rrr'rti'rn rupon ani the Straregy to retlect rhe findincs ol. irc si _ tjRECO reBrn. i. eved sarisi.rtr(ny r r|lr r.tlt. i Seclo. lor ,\ction flrn, .r, iu,i;,,r...t lo lonsurncr: mo Ihe Recipient h6 achieved a signiticanr rc,Jrrrri,rr.rI ,,rrrrrrcr(i.rt -_.- sector enterprises. satisfactory the- power ,6J 7. | ,,t tltc Updarcd Energy ,,,, ;,; ,],;,;il:;"";;:::, to the Asn,cr.ltion. ,jcht owed by Ihe Recipien! has: (a) enacred the ,na ru)aaoptJ E. i,ipiim;;;"il1#ffiT:l;#l:il;,;:i:"llll , ,,,e i, , F\:rarionar; ( The Recipient hasi sustainable talgeted social as prepaaatton to carry our iln au the.irnt)l,...llrc .rtr,)n,)IJ fiscally *ade siltisl:rclt)ry pn)grcss in lhe ance progranl. 9. Ihe Recipienr has prepared an education sec[or.action plan lljmi{ ,s per capih ttnancins formuta: ana 1u) aaoprinl ne'c;";'; t: (x) revising accounlability rnangements lor fte new system. ; l.,.l;;,il,a 510. -_ Thr,Recipienl has achreved satisfacro+.progress tn the implemenlation of thc .*" in iri four regrors of idjara, lmereti, Shida l:ll? as::"_ll, Kanli and Aameu, evtdcnecJ.r:torm b) lunctional familv medici r cenrers. Section II. Availrbilitv of l inancirs proceeds General. Thc Reripienr may withdra\r the proaeeds of lhe Financins in * lhe Associalion may speciry by notice to rhc Rccipienl. "Oair."rii^,*^.,li,i accorddnce $irh lhe provisions oft}rjs B Se.clion anj ,*r, Allocrlior of Fin.ocing Amourts. The Financint shall be wilhdrawn in a single rranche. Ihe altocarion of rhe amouns of the iinancing r. out in the table belo\r: {llocalions A mou n I of ihe Fitrr trci iiir'."j'lj'*i g{ l".rt"d-I " (expressed in SDR) C. a8ree: Deposits of financirg ADoun,!. t\ceor as lhe Associalion may otherwise L all withdrawals fron Frnancin8 Accounl shall be deposited b) the lhe. Association inlo an account desrErated b\ the Recipienr and acc€prable ro th€ Associatio ;and : lhe Recrpient shall ensure drar uoor ,.'o,hi, ;;;;;';;';;;,;iff ;fi ffi1.'1::,1ffi:. ;1 T.T:T::,il:;,lH:,;i managemenr system. in a manner accepbble D, Erclud.d Exp€trditures. The R Financing shall nor b€ uscd to finance derermines at any tirnc that an amounl offt an Excluded Ex Associatior! refun Amoun6 rcfunded E. to the Associalion. ount of such payment to the Association. rcqu€st shall bc canccllcd. Closing Dete. The Closin8 Date is January,Jl, 200g -6SCHEDULE 2 R€prym€ot Schertule t'.in.lput ,r,nuuniuf the C*dit rcpaytbl€ {crprcsrr'd xs i pcrcentcg€) r r rr a'u AuBusr lJ: :--.-.-.-..,5 tebruary ' tq5q,L I J. :v | / ro and rnctuJtnq 15, :027 l,; ,-...irt!,,vurE duBEr lJ. .ult to and February | 5, 2047 r.-. rhe percentages represe the percen,,ge.oirhe be repard, e\cept as the Associanon or the ueneral Condirio principal dmount ofrhe ro ;av ot herwrie speciry pursuant ro SectiuncreJi!(b, l.0l \ I'l 't \ DI\ Stt,i0tr l. Il Irrrtr,,,,. I .,,\' . .,ri![,.] rnlLr .,,,,nrr(t r\hich any national or l,r',,rr, rrf rr rLl irr,'r ,,r .rrr rn 1 ('tln r iltan lhc Association or lr,,. llrc llxrL 1,,,.',n.,1 ,r,rr, ,l r,, l,,r.,rn L (n r{lrich lhc Association or lllc hx1 1,,,,,rr,r,{,r,.,,1 r,. irr,,rr( U||.kr,r'x'thcrcrcdirr graltor llrrt (b) ' lirt'(",i rrl,ri,.l i'r rl,r l!'1i,,.!,,,,. r,L',r! rr .,I1, frcrJ,\ ('l lhc Srandard l,r'r ,.,rt,,,,i l,',!,,r l, ,r r,r r li...r !,: lt\ll( ltL.\ l), prrhlishcd l,\ tl,, 1,,,r,.,! :.,r,,i', r:,.ttr| t,,,i l.,li,.r . \r . \1. N,, 34,Revl rl,,S,rrl|lr,. .llr I , r,r., .,,..r. lr,nrtr ,,r ',|l,r,rrirt,r undcr litture rl,, ',ll' .:,lr,,a',,r.r l,.,l,r LnrttL,,r, l,\ rioticc r(' rh,' - cr,,,,r, I |l;' .t.,1 ,.' , ,r.', r,', . ,, r(t pnns ,, . ., ,r r,r, I .lr r , t. , t.,1.,. r,,l rrrrJiirlcd, | , 'n lc I r..r( i(tr\ I i ,, L !, l,rtr e,,,,rIt, I s. ,. ,,r , ,,1(1. silver or l,t"rr,rLrrrr fr rrI metals r,,r, r'Ir x,rtellcs and watch i '..{, I rrkl qolJsmiths'or ,, r, rrlrr \JrcS , r r t, r ll,rr \cl g!]!! 8 Descriptioa of ltem- non-.onaE- Co14 (excluding gold orJs and (c) for intended for a rhilirary or paramilitary purpose or for luxury _golds coruiunPtlon: (d) for.environmentally haz&dou goods, lhe manufacere, ttse or imDort of rrhich is prohibited undcr rhe laws of rhe Recip r ;;;l#il;; aseemenE to which rhe Rccipient js party; r fe) on accounl of any payment prohibited by a dectsion of lhe Unired Nirions sccuriry councit raken under chapier vn liii. [m..".i,iil Uniled Nations; and (0 with respccr to which rhe Ass occur, ''cRECO" Euope init other', s which is a Council of "s of peer revicw of each anri -Ceneral Conditions.. neans rhe ,.lnlemational Developmenr .iOo; .\ssocianon uenerat condirioru for Credils and cranb.., dared Jrly i, rruough.ocrober 15,:006) with rhe modification3 f;,rf,,1" s..,i., ii,ii,iii." *, Appendix. (*,il;,J:X I ''VTEF' means the \ledium-rerm Frnenditure Framework used to plan and e\ecute the budget ofthe Recipient ) "Progra.'n" means tha proEam of aclio Dromote gro\{h and achieve retefted to in lhe lcner daled ,leclaring the Recipient's co :._::::llX: *r'"-* liom rhe Associarion rn suppon of rhe pros.am duing its -9- 6. "Single Tmnchc" means thc amount of thc Financing allocared to the cateeon, -B;i entrrted .,singtc Tranche" in rhe rabt : set fonh in I ro this Agreemcnt. p* S;,t;;lt;i i;.fi]: S..tiotr IL Modificrtior! to th. G€oer.l CorditioDs Thcftodificalions to thc .,lntemalional Development Association Gcneral Conditions for CEdits and Cran6',, daled July l. 2OO5 {als amended tlEough October 15, 2006) are as . followsr I 2. I hr. lasr scnrencc of paragraph (a) of Section 2.Ol (rclarjng !o Apflie ions lor $ rlldrir$rl) rs deleted in ir endren. Sccl,ions I t)t (Dc ,, gn,,rca ,lrcount"l und Z 05 lElKihL. t:\, ,tittr,r!) rrrt. d(.lcrcd i thcir c rrrur!.. lrx, tlr remaining Sccriorrs jn ,\nrrl,, It ." ;;r;;;;; accorLlrll.lr 3 I Scclirnrs 4 I I ( I'rii\t t,k t.ution (;t,,ttdttt,t. a^tt ,t |.t I t, ntll,t tL,t nt,Dkt!:cmcnt; Fihu,t.tl ,\ttLu,ar\ /tkl,/!) trlj (trl,.'.,l lr tln.,r rll,.t\. ,,,,, ,,,, ;;;;;il; Scctx'lls i,r Anh 1,. t\' .,rr ft.nUrnh(.ftJ jt.(,,r,trr,, I ,'rrxl,r.rt,l,l.r),'t Wr tr.n, I0.! {,c ll,lll,r.rirr! .rr ,.rrr tr p.rr:rgr:rnh 3 _--'' above xD(lrclirtrrlr,'/.'r,,rr,t.rl\ lt,,t.\. t.l _\,, t | ,., I .tr ,l.l.t( j n,,,,'it,,.;ii;;ty. ,'arlrt,nt,h t(l,'l r,Irrrr S..tr,{r.t{lr (r. ,rtrrtir.rl n\ rrkt, pursujut to parsgraph nln\'c I rr l r rlrtird t,' r.i{t nr ,i,[r rI '\,(rr {, I x. !t nt l, ,t.!t. r, li\ li t,l, i rr 1,., ,,,,: ,t irL,rl ., I ll rnl ,,,,r , ,t, , I 3 rit r!, {)rJs (connac6, Orders, rriricncing expenditures r:,,.t,, r1 . t ,,,ii i,,rr ,,,rr,,,,,,,,, ,,, '""""'"" ,,,,,,,r i,!".,,,.,,.,,,,,,, l;l;.::i:1,];il5:H#:*[:1, () )(:,,',.ri,r ', ",,,,. ,,.r .,.,,,r,r.:,,.,.,.,rr,,1..rr.r.,r.r1,tr .t f,, ,,, t,,t r, !.,pa \t,dt,,t.t ,.r,1 | t,t|or )n above) is modifie.l to l0 rh€ Legal Agre€rhcns ard the accomplishment Financing. of rhc pulpose3 of lhc set fonh in rhc Appcndl\ arc modified or tenru and definitions are added in s, with the ienrls b€ing renumb€red (r) Thc definition of rhe term ..Eligiblc ExpendinJe,, is modified ro read as follows: '"Eligiblc Expenditure' mcans any use to which d|e Financing is Dm in ruppofl of lhe Prograrl orher than pursuant to the Financing (b) Agreement.., Ihe rerm ,.Financial ShremenLs,,and its Appendix are deleted in their enurery. (c) to finance ;ilil:"J.,#J; definition as set forth in rhe The term -Proje(f ir modified * ro read *" ..pjrroglam.' and ils definirion is ,noaifi.a ro .eaa as rbjto;,.*