OFFICIAL DOCUMENTS The World Bank 1818 H Street N.W. (202) 473-1000 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT Washington, D.C. 20433 Cable Address: INTBAFRAD INTERNATIONAL DEVELOPMENT ASSOCIATION U.S.A. Cable Address: INDEVAS June 28, 2018 H.E. Khurelbaatar Chimed Minister of Finance Ministry of Finance United Nations Street 5/1 Ulaanbaatar - 210646 Mongolia Re: Mongolia: Co-financing of the Third Sustainable Livelihoods Project M-SLPHI SDTF Grant No. TFA 0794-MN Amendment to the Grant Agreement and Extension of Closink Date Dear Mr. Khurelbaatar, We refer to the Grant Agreement ("Grant Agreement") dated July 31, 2015, between Mongolia ("Recipient") and the International Development Association ("World Bank"), acting as administrator of the Mongolian Third Sustainable Livelihoods Project Single Donor Trust Fund, for the above-referenced project ("Project"). We further refer to your letter dated June 13, 2018 requesting an amendment to the Grant Agreement and an extension of the Closing Date. We are pleased to inform you that, after due consideration, the World Bank concurs with your request and proposes the amendments set forth below. I. Section 3.01 of the Grant Agreement is amended as follows: "3.01. The World Bank agrees to extend to the Recipient, on the terms and conditions set forth or referred to in this Agreement, a grant in an amount equal to five million six hundred and sixty-five thousand United States Dollars ($5,665,000) ("Grant") to assist in financing of the Project." 2. The table in Section IV.A.2 of Schedule 2 to the Grant Agreement is amended as follows: Category Amount of the Grant Percentage of Allocated (expressed in Expenditures to be USD) Financed (inclusive of Taxes) Goods, consultants' 5,665,000 100% services (including audits), Training and Incremental Operating Costs under Parts 1(a), 2(b) and 3 of the Project RCA 248423 WUI 64145 _- FAX (202) 477-6391 2 TOTAL AMOUNT 5,665,000 Additionally, the World Bank has established June 30, 2019 as the later date for purposes of Section IV.B.2 of Schedule 2 to the Agreement. Except as specifically amended by this letter of amendment, all other provisions of the Grant Agreement shall remain unchanged and in full force and effect. The World Bank will disclose this letter of amendment and related information in accordance with the World Bank's Policy on Access to Information. By entering into this letter of amendment, the Recipient consents to such disclosure. Please confirm your agreement to the foregoing on behalf of the Recipient by countersigning and dating the corresponding form of confirmation set forth below, and returning one fully signed original of this letter to us. Upon receipt by the World Bank of the copy of this letter of amendment duly countersigned by the authorized representative of the Recipient, the above amendments to the Grant Agreement shall become effective as of the date of countersignature. Sincerely yours, INTERNATIONAL DEVELOPMENT ASSOCIATION James Anderson Country Manager, Mongolia East Asia and Pacific Region AGREED: MONGOLIA By: Authorize epresenove Name: AnUl.' ax (fx;m~ea/ Title: 6*n A anu-e Date: Y174e '~