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Page 1 CONFORMED COPY LOAN NUMBER 4229 MD Loan Agreement (Second Structural Adjustment Loan) between REPUBLIC OF MOLDOVA and INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT Dated October 3, 1997 LOAN NUMBER 4229 MD LOAN AGREEMENT AGREEMENT, dated October 3, 1997, between REPUBLIC OF MOLDOVA (the Borrower) and INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT (the Bank): WHEREAS (A) the Bank has received a letter dated August 14, 1997, from the Borrower describing a program of actions, objectives and policies designed to achieve structural adjustment of the Borrower