OFFICIAL
DOCUMENTS
CREDIT NUMBER 5918-KG
GRANT NUMBER D147-KG
Financing Agreement
(Integrated Dairy Productivity Improvement Project)
between
KYRGYZ REPUBLIC
and
INTERNATIONAL DEVELOPMENT ASSOCIATION
Dated   4          , 2017


CREDIT NUMBER 5918-KG
GRANT NUMBER D147-KG
FINANCING AGREEMENT
AGREEMENT      dated lu  lZ                      , 2017, entered into
between KYRGYZ REPUBLIC ("RUipient") and INTERNATIONAL DEVELOPMENT
ASSOCIATION ("Association"). The Recipient and the Association hereby agree as
follows:
ARTICLE I - GENERAL CONDITIONS; DEFINITIONS
1.01.  The General Conditions (as defined in the Appendix to this Agreement) constitute
an integral part of this Agreement.
1.02.  Unless the context requires otherwise, the capitalized terms used in this Agreement
have the meanings ascribed to them in the General Conditions or in the Appendix
to this Agreement.
ARTICLE II - FINANCING
2.01.   The Association agrees to extend to the Recipient, on the terms and conditions set
forth or referred to in this Agreement, a grant and a credit (collectively,
"Financing") in the following amounts to assist in financing the project described
in Schedule 1 to this Agreement ("Project"):
(a)    an amount equivalent to one million seven hundred thousand Special
Drawing Rights (SDR 1,700,000) ("Grant"); and
(b)    an amount equivalent to two million Special Drawing Rights (SDR
2,000,000) ("Credit").
2.02.  The Recipient may withdraw the proceeds of the Financing in accordance with
Section IV of Schedule 2 to this Agreement.
2.03.  The Maximum Commitment Charge Rate payable by the Recipient on the
Unwithdrawn Financing Balance shall be one-half of one percent (1/2 of 1%) per
annum.


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2.04. The Service Charge payable by the Recipient on the Withdrawn Credit Balance
shall be equal to three-fourths of one percent (3/4 of 1%) per annum.
2.05. The Payment Dates are March 15 and September 15 in each year.
2.06.  The principal amount of the Credit shall be repaid in accordance with the
repayment schedule set forth in Schedule 3 to this Agreement.
2.07.  The Payment Currency is Dollar.
ARTICLE III - PROJECT
3.01.  The Recipient declares its commitment to the objective of the Project. To this end,
the Recipient shall carry out the Project, through its MAFIM and MoF, through
ABCC and CLMU, in accordance with the provisions of Article IV of the General
Conditions.
3.02.  Without limitation upon the provisions of Section 3.01 of this Agreement, and
except as the Recipient and the Association shall otherwise agree, the Recipient
shall ensure that the Project is carried out in accordance with the provisions of
Schedule 2 to this Agreement.
ARTICLE IV - REMEDIES OF THE ASSOCIATION
4.01.  The Additional Event of Suspension consists of the following, namely, that the
Project Operational Manual shall have been amended, suspended, abrogated or
waived so as to affect materially and adversely, in the opinion of the Association,
the carrying out of the Project.
ARTICLE V - EFFECTIVENESS; TERMINATION
5.01.  The Additional Condition of Effectiveness consists of the following:
The Recipient shall have prepared and adopted the Project Operational
Manual which shall include the Revolving Fund Operational Manual, both
in a form and substance acceptable to the Association.
5.02.  The Effectiveness Deadline is the date one hundred and eighty (180) days after the
date of this Agreement.


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5.03. For purposes of Section 8.05 (b) of the General Conditions, the date on which the
obligations of the Recipient under this Agreement (other than those providing for
payment obligations) shall terminate is twenty (20) years after the date of this
Agreement.
ARTICLE VI - REPRESENTATIVE; ADDRESSES
6.01. The Recipient's Representative is its Minister of Finance.
6.02.  The Recipient's Address is:
Ministry of Finance
58 Erkindik Blvd.
Bishkek City, 720040
Kyrgyz Republic
Telex:              Facsimile:
245-156 NUR KH      (996-312) 661645
6.03. The Association's Address is:
International Development Association
1818 H Street, N.W.
Washington, D.C. 20433
United States of America
Telex:       Facsimile:
248423 (MCI) 1-202-477-6391


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AGREED at Bishkek, Kyrgyz Republic, as of the day and year first above written.
KYRGYZ REPUBLIC
By
Authdzed Representative
Name: zcy/j ry             t/i'et'
Title:  jup'y     e          e,P
INTERNATIONAL DEVELOPMENT ASSOCIATION
By
1(uthorized Representative
Name:               , <//
Title: A


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SCHEDULE 1
Project Description
The objective of the Project is to enhance dairy animal productivity and milk
quality on Beneficiary Farms.
The Project consists of the following parts:
Part 1: Strengthening Public and Private Services in the Dairy Sector
(a)    Improvement of public-private dialogue by organizing an inclusive
dialogue process, involving key business associations, entrepreneurs,
regional government bodies, regional governors and development
partners; and implementation of social process to ensure strong awareness
about the public-private dialog mechanism and agro-sector reforms among
farmers.
(b)    Support for cattle identification and registration through financing animal
tags, tagging activities, means of communication for animal identifiers,
and training of veterinarians in collection and storing the information in
the database.
(c)    Procurement of high quality semen straws to ensure early breeding
improvement in the Project area.
(d)    Establishment of veterinary-check points.
Part 2: On-farm Productivity Enhancement
Support for on-farm improvements with respect to:
(a)    Fodder production and feeding management.
(b)    Animal husbandry and farm management, including: (i) animal housing,
general management and handling; (ii) animal health, farm hygiene and
clean milk production; (iii) breeding management; and (iv) manure
management.
(c)    Milk collection, cooling and handling.
Part 3: Farm-level Investments
(a)    Provision of Sub-financings to DBGs or DBG Members, as the case may
be, to finance eligible Sub-projects aimed at: (i) addressing short-term
needs to improve dairy animal productivity, such as financing for seeds,


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fertilizer and other inputs for spring and winter planting and harvesting
activities and animal feeding; or (ii) herd improvement and other
productive assets improvement.
(b)    Provision of technical assistance to DBGs, farmers, milk collection agents
and dairy processors to enhance their awareness of, and their capacity to
gain access to, existing financing programs.
Part 4: Project Management
Strengthening the ABCC's and CLMU's capacity for Project management,
monitoring and evaluation, through provision of goods, consultants' services, Training, and
financing of Incremental Operating Costs.


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SCHEDULE 2
Project Execution
Section I.    Implementation Arran2ements
A.     Institutional Arrangements
1. For the purposes of overall Project oversight and coordination the Recipient shall
establish, not later than sixty (60) days after the Effective Date, and thereafter
maintain until completion of the Project, a steering committee with the
composition, terms of reference and resources adequate for the implementation of
its functions.
2.     The Recipient shall maintain, until completion of the Project, ABCC and CLMU,
both with functions and responsibilities (including responsibility for Project
management and fiduciary functions, and monitoring and evaluation), adequate
funds, facilities, services and resources, and with competent staff, in adequate
numbers, qualifications, and experience, all acceptable to the Association.
3.     The Recipient, through ABCC and CLMU, shall: (a) adopt the Project Operational
Manual, including the Revolving Fund Operational Manual, both satisfactory to
the Association, and thereafter carry out the Project in accordance with the
provisions set out in said Manuals; and (b) not amend, suspend, abrogate, repeal
or waive any provision of said Manuals without the prior written approval of the
Association, provided, however, that in case of any conflict between the provisions
set out in the Project Operational Manual or the Revolving Fund Operational
Manual and the provisions of this Agreement, the provisions of this Agreement
shall prevail.
4.     Not later than sixty (60) days after the Effective Date, CLMU and ABCC shall
update its accounting and financial reporting software in accordance with the
technical requirements and specifications acceptable to the Association and set
forth in the Project Operational Manual.
B.    Anti-Corruption
The Recipient shall ensure that the Project is carried out in accordance with the
provisions of the Anti-Corruption Guidelines.
C.     Sub-projects
1 .    The Recipient, through CLMU, shall provide Sub-financings to DBGs or DBG
Members individually or through their respective DBG in accordance with
eligibility criteria and procedures acceptable to the Association, and set forth in the
Revolving Fund Operational Manual.


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2.     The Recipient shall make each Sub-financing under a Sub-financing Agreement
on terms and conditions approved by the Association, and set forth in the
Revolving Fund Operational Manual, which shall include the following:
(a)    The Sub-financing shall be (i) denominated and repayable in Soms; (ii)
free of interest; and (iii) repayable over a period not exceeding three (3)
years from the date of the Sub-financing Agreement.
(b)    The Recipient shall obtain rights adequate to protect its interests and those
of the Association, including the right to: (i) suspend or terminate the right
of the DBG or DBG Member, as the case may be, to use the proceeds of
the Sub-financing, or declare to be immediately due and payable all or any
part of the amount of the Sub-financing then withdrawn, upon the DBG or
DBG Member's failure to perform any of its obligations under the Sub-
financing Agreement; and (ii) require each DBG or DBG Member, as the
case may be, to: (A) carry out its Sub-project with due diligence and
efficiency and in accordance with sound technical, economic, financial,
managerial, environmental and social standards and practices satisfactory
to the Association, including in accordance with the provisions of the Anti-
Corruption Guidelines applicable to recipients of proceeds of the
Financing other than the Recipient; (B) provide, promptly as needed, the
resources required for the purpose; (C) procure the goods, works and
services to be financed out of the Sub-financing in accordance with the
provisions of this Agreement; (D) enable the Recipient and the
Association to inspect the Sub-project activities and any relevant records
and documents; and (E) prepare and furnish to the Recipient and the
Association all such information as the Recipient or the Association shall
reasonably request relating to the foregoing.
3.     The Recipient shall exercise its rights and carry out its obligations under each Sub-
financing Agreement in such manner as to protect the interests of the Recipient
and the Association and to accomplish the purposes of the Financing. Except as
the Association shall otherwise agree, the Recipient shall not assign, amend,
abrogate or waive any Sub-financing Agreement or any of its provisions.
4.     For the purposes of each Sub-project the respective DBG or DBG Member, as the
case may be, shall prepare an investment plan specifying the purposes of the Sub-
project, the activities to be financed by the Sub-financing, and all relevant
technical, economic, financial, managerial, environmental and social standards and
practices to be applied in the course of implementation of such activities. Each
Sub-financing shall be provided to the DBG or the DBG Member, as the case may
be, only upon approval of the respective investment plan by CLMU.


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D.     Safeguards
1.     The Recipient shall: (a) implement the Project in accordance with the ESMF; and
(b) not amend, suspend, abrogate, repeal or waive any provisions of the ESMF
without the prior written approval of the Association.
2.     If any activity under a Sub-project would require adoption of an EIA and/or EMP,
the Recipient shall cause the respective DBG or the DBG Member, as the case may
be: (a) to prepare and adopt such EIA and/or EMP, in accordance with
requirements and procedures of the ESMF, prior to implementation of the activity;
and (b) to implement the Sub-project in full compliance with the requirements of
such EIA and/or EMP.
Section H.    Project Monitorin2, Reportin2 and Evaluation
A.     Project Reports
The Recipient shall monitor and evaluate the progress of the Project and prepare
Project Reports in accordance with the provisions of Section 4.08 of the General
Conditions and on the basis of the indicators acceptable to the Association. Each
Project Report shall cover the period of one calendar semester, and shall be
furnished to the Association not later than one month after the end of the period
covered by such report.
B.     Financial Management, Financial Reports and Audits
1.     The Recipient shall maintain, or cause to be maintained, a financial management
system in accordance with the provisions of Section 4.09 of the General
Conditions.
2.     The Recipient shall prepare and furnish to the Association not later than forty-five
(45) days after the end of each calendar quarter, interim unaudited financial reports
for the Project covering the quarter, in form and substance satisfactory to the
Association.
3.     The Recipient shall have its Financial Statements audited in accordance with the
provisions of Section 4.09 (b) of the General Conditions. Each audit of the
Financial Statements shall cover the period of one fiscal year of the Recipient. The
audited Financial Statements for each such period shall be furnished to the
Association not later than six (6) months after the end of such period.


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Section HI.   Procurement
A.     General
1.     Goods, Works and Non-consulting Services. All goods, works and non-
consulting services required for the Project and to be financed out of the proceeds
of the Financing shall be procured in accordance with the requirements set forth or
referred to in Section I of the Procurement Guidelines, and with the provisions of
this Section.
2.     Consultants' Services. All consultants' services required for the Project and to
be financed out of the proceeds of the Financing shall be procured in accordance
with the requirements set forth or referred to in Sections I and IV of the Consultant
Guidelines, and with the provisions of this Section.
3.     Definitions. The capitalized terms used below in this Section to describe particular
procurement methods or methods of review by the Association of particular
contracts, refer to the corresponding method described in Sections II and III of the
Procurement Guidelines, or Sections II, III, IV and V of the Consultant Guidelines,
as the case may be.
B.     Particular Methods of Procurement of Goods, Works and Non-consulting
Services
1.     International Competitive Bidding. Except as otherwise provided in paragraph
2 below, goods, works and non-consulting services shall be procured under
contracts awarded on the basis of International Competitive Bidding.
2.     Other Methods of Procurement of Goods, Works and Non-consulting
Services. The following methods, other than International Competitive Bidding,
may be used for procurement of goods, works and non-consulting services for
those contracts specified in the Procurement Plan: (a) National Competitive
Bidding, subject to the additional provisions set forth in the Annex to this Schedule
2; (b) Shopping; (c) Direct Contracting; and (d) Well-established Private Sector
Procurement Methods or Commercial Practices which have been found acceptable
to the Association.
C.     Particular Methods of Procurement of Consultants' Services
1.     Quality- and Cost-based Selection. Except as otherwise provided in paragraph
2 below, consultants' services shall be procured under contracts awarded on the
basis of Quality and Cost-based Selection.
2.     Other Methods of Procurement of Consultants' Services. The following
methods, other than Quality and Cost-based Selection, may be used for


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procurement of consultants' services for those contracts which are specified in the
Procurement Plan: (a) Quality-based Selection; (b) Selection under a Fixed
Budget; (c) Least Cost Selection; (d) Selection based on Consultants'
Qualifications; (e) Single-source Selection of consulting firms; (f) Procedures set
forth in paragraphs 5.2 and 5.3 of the Consultant Guidelines for the Selection of
Individual Consultants; and (g) Single-source procedures for the Selection of
Individual Consultants.
D.     Review by the Association of Procurement Decisions
The Procurement Plan shall set forth those contracts which shall be subject to the
Association's Prior Review. All other contracts shall be subject to Post Review by
the Association.
E.     Procurement of Incremental Operating Costs
Expenditures included in the Incremental Operating Costs category may be
procured in accordance with the established administrative procedures of the
Recipient acceptable to the Association.
Section IV.   Withdrawal of the Proceeds of the Financing
A.     General
1. The Recipient may withdraw the proceeds of the Financing in accordance with the
provisions of Article II of the General Conditions, this Section, and such additional
instructions as the Association shall specify by notice to the Recipient (including
the "World Bank Disbursement Guidelines for Projects" dated May 2006, as
revised from time to time by the Association and as made applicable to this
Agreement pursuant to such instructions), to finance Eligible Expenditures as set
forth in the table in paragraph 2 below.
2.     The following table specifies the categories of Eligible Expenditures that may be
financed out of the proceeds of the Financing ("Category"), the allocations of the
amounts of the Credit and of the Grant to each Category, and the percentage of
expenditures to be financed for Eligible Expenditures in each Category:


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Percentage of
Amount of the    Amount of the    Expenditures to
Credit Allocated  Grant Allocated   be Financed
Category          (expressed in    (expressed in     (inclusive of
SDR)             SDR)             Taxes)
(1) Goods, works,         1,140,000        1,700,000          100%
non-consulting
services, consultants'
services, Training and
Incremental Operating
Costs for the Project
(2) Sub-financing           860,000                           100%
under Part 3(a) of the
Project
TOTAL AMOUNT              2,000,000
B.     Withdrawal Conditions; Withdrawal Period
1I Notwithstanding the provisions of Part A of this Section, no withdrawal shall be
made for payments made prior to the date of this Agreement.
2.     The Closing Date is December 31, 2020.


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ANNEX TO SCHEDULE 2
Modifications to National Competitive Bidding Procedures
The procedure to be followed for National Competitive Bidding shall be the "Single-Stage
Bidding" method set forth in the Public Procurement Law of the Recipient dated April 3,
2015 X2 72 (the "PPL") provided, however, that such procedure shall be subject to the
provisions of Section I and Paragraphs 3.3 and 3.4 of the Procurement Guidelines and the
following additional provisions:
1.     Procuring entities shall use the appropriate standard bidding documents, including
forms of contract acceptable to the Association, which shall be prepared so as to
ensure economy, efficiency, transparency and broad consistency with the
provisions of Section I of the Procurement Guidelines.
2.     The eligibility of bidders shall be as defined under Section I of the Procurement
Guidelines; accordingly, no bidder or potential bidder shall be declared ineligible
for contracts financed by the Association for reasons other than those provided in
Section I of the Procurement Guidelines.
3.     No restrictions in respect of eligibility to participate in bidding for contracts shall
be placed on the basis of nationality of the bidder and/or the origin of goods other
than those imposed by primary boycotts.
4.     Foreign bidders shall be allowed to participate in National Competitive Bidding
procedures without restrictions of any kind.
5.     No preference of any kind shall be applied for domestic bidders and/or for
domestically manufactured goods.
6.     Bidding shall not be restricted to pre-registered firms, and foreign bidders shall not
be required to be registered with local authorities as a prerequisite for submitting
bids.
7.     Foreign firms shall not be required to associate with a local partner in order to bid
as a joint venture, and joint venture partners shall be jointly and severally liable
for their obligations.
8.     Government-owned enterprises in the Recipient's territory shall be eligible to
participate in bidding only if they can establish that they are legally and financially
autonomous, operate under commercial law, and are not dependent agencies of the
Recipient or sub-recipient Such enterprises shall be subject to the same bid and
performance security requirements as other bidders.


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9.     Prequalification procedures acceptable to the Association shall be used for large,
complex and/or specialized projects.
10.    Bidders shall be given at least thirty (30) days from the date of the invitation to bid
or the date of availability of bidding documents, whichever is later, to prepare and
submit bids.
11.    Bids shall be submitted in a single-envelope.
12.    An extension of bid validity, if justified by exceptional circumstances, may be
requested in writing from all bidders before the expiration date and for a minimum
period required to complete the evaluation or award a contract, but not to exceed
thirty (30) days. No further extensions shall be requested without the prior
concurrence of the Association.
13.    Bids shall be opened in public, immediately after the deadline for their submission
in accordance with procedures stated in the bidding documents. No bids should
be rejected at bid opening unless they are late/submitted after the stipulated
deadline.
14.    Evaluation of bids shall be made in strict adherence to the quantifiable criteria
declared in the bidding documents. Qualification criteria for bid evaluation shall
be applied on a pass or fail basis. Evaluation criteria other than price shall be
quantified in monetary terms.
15.    Bids that are not substantially responsive to the technical specifications, contract
conditions, or other critical requirements in the bidding documents shall be
rejected.
16.    Bid evaluations shall be confidential, and bidding committee meetings shall not be
open to bidders and/or their representatives.
17.    Post-qualification criteria shall only pertain to past contract performance, financial
and technical capabilities of bidders.
18.    Contracts shall be awarded to the bidder who submits the lowest-evaluated,
substantially-responsive bid, and who is determined to be qualified to perform the
contract in accordance with pre-defined and pre-disclosed evaluation criteria. No
negotiation as to the price or substance of the bid shall take place.
19.    If the procuring entity fails to conclude a contract with the lowest evaluated bidder,
a contract may be awarded to the qualified bidder who is next ranked and whose
bid is found substantially responsive. All bids (or the sole bid if only one bid is
received) shall not be rejected, the procurement process shall not be cancelled, and
new bids shall not be solicited without the Association's prior concurrence.


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20.    Bidders shall be given at least twenty-eight (28) days from the receipt of
notification of contract award to submit performance securities.
21.    Each bidding document and contract financed out of the proceeds of the Financing
shall include provisions stating the Association's policy to sanction firms or
individuals, found to have engaged in fraud and/or corruption as defined in the
paragraph 1.16(a) of the Procurement Guidelines. The Association will sanction a
firm or an individual, at any time, in accordance with prevailing Association
sanctions procedures, including by publicly declaring such firm or individual
ineligible, either indefinitely or for a stated period of time: (i) to be awarded an
Association-financed contract; and (ii) to be a nominated sub-contractor,
consultant, supplier, or service provider of an otherwise eligible firm being
awarded an Association-financed contract.
22.    In accordance with the paragraph 1.16(e) of the Procurement Guidelines, each
bidding document and contract financed out of the proceeds of the Financing shall
provide that bidders, suppliers and contractors, and their subcontractors, agents,
personnel, consultants, service providers, or suppliers, shall permit the
Association to inspect all accounts, records, and other documents relating to the
submission of bids and contract performance, and to have them audited by auditors
appointed by the Association. Acts intended to materially impede the exercise of
the Association's inspection and audit rights provided for in the Procurement
Guidelines constitute an obstructive practice as defined in the Procurement
Guidelines.
23.    Complaints related to the procurement process shall be handled in accordance with
the provisions of the Procurement Guidelines.


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SCHEDULE 3
Repayment Schedule
Principal Amount of the Credit repayable
Date Payment Due                (expressed as a percentage)*
On each March 15 and September 15
commencing March 15, 2023                       1.5625%
to and including September 15, 2054
* The percentages represent the percentage of the principal amount of the Credit to be
repaid, except as the Association may otherwise specify pursuant to Section 3.03 (b) of the
General Conditions.


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APPENDIX
Section I.   Definitions
1.    "ABCC" means the Agribusiness Competitiveness Center established pursuant to
the Recipient's Government Resolution No.873 dated November 11, 2004, or any
successor thereto.
2.     "Anti-Corruption Guidelines" means the "Guidelines on Preventing and
Combating Fraud and Corruption in Projects Financed by IBRD Loans and IDA
Credits and Grants", dated October 15, 2006 and revised in January 2011.
3.     "Beneficiary Farm" means a farm in the Issyk-Kul Region of the Recipient
selected for the purposes of the Project in accordance with the criteria and
procedures set forth in the Project Operational Manual.
4.     "Category" means a category set forth in the table in Section IV of Schedule 2 to
this Agreement.
5.     "CLMU" means the Credit Line Management Unit of the Ministry of Finance of
the Recipient, or any successor thereto.
6.     "Consultant Guidelines" means the "Guidelines: Selection and Employment of
Consultants under IBRD Loans and IDA Credits and Grants by World Bank
Borrowers" dated January 2011 (revised July 2014).
7.     "DBG" means a dairy borrowing group consisting of DBG Members, established
pursuant to a mutual agreement of its DBG Members under terms and conditions
set forth in the Revolving Fund Operational Manual and in accordance with the
Recipient's legislation, as well as any entity as may be selected by the Recipient
as a dairy borrowing group on the basis of eligibility criteria described in the
Revolving Fund Operational Manual, for the purposes of facilitating the borrowing
resources to its respective DBG Members, under Part 3 (a) of the Project for
eligible Sub-projects, and "DBGs" means the plural thereof.
8.     "DBG Member" means any of the members of a DBG, representing small-scale
dairy farmers, milk collection agents, veterinarians and other eligible members,
and "DBG Members" means the plural thereof.
9.     "EIA" means a Sub-project specific Environmental Impact Assessment prepared
by a respective DBG or a DBG Member, as the case may be, in accordance with
the ESMF and identifying the potential environmental impacts of the Sub-project,
evaluation of potential alternatives, as well as appropriate mitigation, management,
and monitoring measures, satisfactory to the Association, and "EIAs" means the
plural thereof.


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10.    "EMP" means a site specific environmental management plan, satisfactory to the
Association, to be prepared by a respective DBG or a DBG Member, as the case
may be, pursuant to the provisions of the ESMF, and "EMPs" means the plural
thereof.
11.    "ESMF" means the Environmental and Social Management Framework prepared
and adopted by the Recipient for the purposes of the Project and disclosed in the
Recipient's country and in the Association's Infoshop on March 8, 2016, which
contains, inter alia, the analysis of both the Recipient's legislation and regulations,
and the Bank's safeguard policies, that cover environmental and social assessment
procedures and mitigation requirements for the Project, including Sub-projects,
and provides details on procedures, criteria and responsibilities for Sub-projects
screening, including EIAs and EMPs guidelines and checklist, and guidelines for
chance findings of physical cultural property; as such framework may be amended
from time to time with the Association's prior approval.
12.    "General Conditions" means the "International Development Association General
Conditions for Credits and Grants", dated July 31, 2010.
13.    "Incremental Operating Costs" means incremental costs incurred by ABCC and
CLMU on account of the Project coordination, implementation and monitoring,
including the costs of salaries and Social Charges for ABCC and CMLU staff
(excluding salaries of the Recipient's civil servants, and other miscellaneous costs
directly associated with the Project implementation), including expenditures for
vehicle operation and maintenance, office supplies and consumables, utilities,
communication, translation and interpretation, bank charges, Project related travel,
including per diem and accommodation, all based on periodic budgets acceptable
to the Association.
14.    "MAFIM" means the Recipient's Ministry of Agriculture, Food Industry and
Melioration, or any successor thereto.
15.    "MoF" means the Recipient's Ministry of Finance, or any successor thereto.
16.    "Procurement Guidelines" means the "Guidelines: Procurement of Goods, Works
and Non-consulting Services under IBRD Loans and IDA Credits and Grants by
World Bank Borrowers" dated January 2011 (revised July 2014).
17.    "Procurement Plan" means the Recipient's procurement plan for the Project, dated
October 20, 2016 and referred to in paragraph 1.18 of the Procurement Guidelines
and paragraph 1.25 of the Consultant Guidelines, as the same shall be updated from
time to time in accordance with the provisions of said paragraphs.
18.    "Project Operational Manual" or "POM" means the Project Operational Manual
which shall include the Revolving Fund Operational Manual and shall be adopted


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pursuant to Section 5.01 of this Agreement, as the same may be amended from
time to time with the Association's prior written concurrence.
19.    "Revolving Fund Operational Manual" means the manual, included in the POM as
its integral part, with sets forth eligibility criteria, terms, conditions and procedures
for the selection of Sub-projects and provision of Sub-financings under Part 3 (a)
of the Project, as the same may be amended from time to time with the
Association's prior written concurrence.
20.    "Social Charges" means any payments or contributions for health benefits,
unemployment benefits, disability insurance, workers' compensation benefits,
retirement (pension or social security) benefits, and life insurance, or any other
benefits according to the Recipient's legislation.
21.    "Som" means the lawful currency of the Recipient, and "Soms" means the plural
thereof.
22.    "Sub-financing" means a part of the Financing provided or proposed to be
provided to a DBG or a DBG Member individually or through its respective DBG,
as the case may be, to finance an eligible Sub-project in accordance with eligibility
criteria and procedures acceptable to the Association, and set forth in the
Revolving Fund Operational Manual.
23.    "Sub-financing Agreement" means an agreement executed or to be executed
between MoF and a DBG or a DBG Member, as the case may be, for the purposes
of provision of a Sub-financing pursuant to Part C of Section I of Schedule 2 to
this Agreement.
24.    "Sub-project" means a set of investment activities selected or proposed to be
selected for financing under Part 3 (a) of the Project in accordance with eligibility
criteria and procedures acceptable to the Association, and set forth in the
Revolving Fund Operational Manual.
25.    "Training" means Project related expenditures for study tours, training courses,
seminars, workshops and other training activities, not included under goods or
service providers' contracts, including costs of training materials, space and
equipment rental, travel, per diem costs of trainees, and trainers' fees, all based on
an annual budget agreed with the Association.