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ORDER OF THE GOVERNMENT OF THE REPUBLIC OF MOLDOVA

of December 31, 2015 No. 903

About public organization "Fund of Long-term Development — Moldova"

(as amended on 25-08-2021)

For the purpose of ensuring stability of the investments performed due to financing by Challenges of the Millennium Corporation and other donors according to the Agreement of "Compact" signed on January 22, 2010 between the Republic of Moldova and the United States of America by means of Corporation and according to obligations assumed by the Parties according to Item (c) Chapter 5.7 of the Agreement on implementation of the Compact Program, and also for ensuring monitoring and assessment of impact of these investments into the period after implementation of the Compact Program, based on Item provisions 9) parts two of article 25 of the Law on the Government No. 64-XII of May 31, 1990 (repeated publication: The official monitor of the Republic of Moldova, 2002, Art. No. 131-133, 1018), with subsequent changes and amendments, DECIDES: the Government

1. Challenges of the Millennium — Moldova Fund to replace the name of public organization with the name: "Fund of long-term development - Moldova".

2. Approve:

The charter of public organization "Fund of Long-term Development — Moldova" according to appendix No. 1;

staff of the Supervisory board of public organization "Fund of Long-term Development — Moldova" according to appendix No. 2.

3. Determine that in case of release of members of the Supervisory board of public organization "Fund of Long-term Development — Moldova" from posts of their power within Council persons appointed to the corresponding positions, or the faces which are temporarily fulfilling them duties without adoption of the new order of the Government will carry out.

4. To provide to the chief executive of public organization "Fund of Long-term Development — Moldova" in accordance with the established procedure registration of changes in the State register of legal entities.

5. In the Order of the Government No. 949 of October 12, 2010. "About approval of the Regulations on procedure for application of zero rate of the value added tax, and also exemptions of the taxes, charges and other obligatory payments established by the Agreement of "Compact" (Official monitor of the Republic of Moldova, 2010, Art. No. 206-209, 1060), with subsequent changes and amendments, to make the following changes and additions:

1) in the Resolution in acceptance formula after words to "decrease in level of poverty" to introduce the following text "and also for ensuring long term of the investments performed at the expense of Challenges of the Millennium Corporation during the period after implementation of the Compact Program;

2) in the Provision:

a) in all text of the Provision and appendices to it to replace syntagma of "FPM Moldova" with syntagma of "FDD Moldova", and to replace syntagma of "FVT-Moldova" with syntagma FDR-Moldova;

b) in Item 2 the text "the Compact Programs, "Compact" stated in Section 2.8 of the Agreement and appendix VI to it" to replace with the text "and ensuring stability of investments of the Compact Program, including fund of refinancing of loans within the Activities for access to financing in agricultural industry which are component of the "Transition to High-productive Agricultural Industry" Draft of the Compact Program during the period after implementation of the Compact Program, according to Section 2.8 of the Agreement "Compact" and appendix VI to it,";

c) in Item 3:

in the subitem 1) of the word "The Millennium Challenge Fund — Moldova" shall be replaced with words "Fund of long-term development - Moldova";

2) to state the subitem in the following edition:

"2) division on implementation – organization / state body or the state company or other subjects appointed based on the agreement about implementations/agreements with FDR-Moldova for implementation and accomplishment of certain projects and/or actions (and/or their components) within program implementation of technical assistance of "Compact" and during the period after implementation of the Compact Program, by fund of refinancing of loans within the Activities for access to financing in agricultural industry which are component of the "Transition to High-productive Agricultural Industry" Draft of the Compact Program (further – the Compact Program)";

in the subitem 4) of the word "public organization Challenges of the Millennium — Moldova Fund shall be replaced with words "public organization "Fund of Long-term Development — Moldova".

6. Recognize invalid appendices No. 1 and 2 to the Order of the Government No. 161 of March 4, 2010. "About creation of Challenges of the Millennium — Moldova Fund (The official monitor of the Republic of Moldova, 2010, No. 36, the Art. 230), with subsequent changes and amendments.

Acting as Prime Minister

George Brega

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