Conformed Copy - L3977 - First Private Sector Development Project - Dutch Grant Agreement 1

Page 1 CONFORMED COPY TF 020811 Dutch Grant Agreement (First Private Sector Development Project) between REPUBLIC OF MOLDOVA and INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT as Administrator of Dutch Funds provided by the MINISTER FOR DEVELOPMENT COOPERATION OF THE NETHERLANDS Dated December 13, 1995 TF 020811 DUTCH GRANT AGREEMENT AGREEMENT, dated December 13, 1995 between REPUBLIC OF MOLDOVA (the Recipient) and INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT acting as Administrator (the Administrator) of the Dutch Grant (as hereinafter defined) provided by the Minister for Development Cooperation of the Netherlands (the Minister). WHEREAS the Recipient has requested the assistance of the International Bank for Reconstruction and Development (the Bank) and the Minister in the financing of various activities undertaken in connection with implementation of reforms in the Recipient