ANDREI MIKHNEV Country Manager and Resident Representative for Mongolia 12-Dec-2022 ______________ H.E. Javkhlan Bold Minister of Finance Ministry of Finance Government Building II S. Danzan Street 5/1 Building D Ulaanbaatar, 15160 Subject: Mongolia: Education Quality Reform Project (Credit Number 5488-MN) Extension of the Closing Date Your Excellency, We refer to the Financing Agreement dated June 18, 2015 (the “Financing Agreement”) between Mongolia (the “Recipient”) and the International Development Association (the “Association”) for the Education Quality Reform Project. We also refer to your letter, dated August 22, 2022, requesting, on behalf of the Recipient, an extension of the Closing Date (i.e., December 31, 2022) of the above captioned Credit by six (6) months. We are pleased to inform you that the Association concurs with the request and has established June 30, 2023, as the later date for purposes of paragraph 4 of Section IV.B of Schedule 2 to the Financing Agreement. Sincerely, __________________________ Andrei Mikhnev Country Manager and Resident Representative for Mongolia East Asia and Pacific Region 5th Floor, MCS Plaza Building, 4 Seoul Street, 14250 Ulaanbaatar, Mongolia Tel: +(976) 7007 8200 cc: Mrs. L. Tsedevsuren State Secretary, Head of Steering Committee of EQRP Ministry of Education and Science Mrs. B. Gantulga Director, General Education Policy Management and Coordination Department, Project Director, EQRP Ministry of Education and Science Mrs. Sh. Narantuya Director, International Relations and Cooperation Department Ministry of Education and Science Mr. T. Nyam-Ochir Director, General Authority of Education Mr. Ch. Chimidsuren Director-General, Development Financing and Public Investment Department Ministry of Finance Mr. B. Byamba-Erdene Specialist, Development Financing Division, Development Financing and Public Investment Department Ministry of Finance Ms. Ts. Khaliun Chief Technical Advisor, EQRP Ministry of Education and Science 2 bcc: Cristian Aedo, Practice Manager (HEAED) Deborah Newitter Mikesell, Senior Education Specialist (HEAED) Akiko Sawamoto, Education Specialist (HEAED) Pagma Genden, Operations Officer (HEAHN) Erdene Ayush, Financial Management Specialist (EEAG1) Minghe Zheng (WFACS) Dongqi Qian, Finance Analyst (WFACS) Jianjun Guo, Senior Procurement Specialist (EEAR1) Otgonjargal Norovjav, Senior Procurement Specialist (EEAR1) Gantuya Paniga, Operations Analyst (EACMF) Erdene-Ochir Badarch, Social Development Specialist (SEAS1) Orgil Batsukh, ET Consultant (SEAE1) Thu Ha Le, Counsel (LEGAS) Mary Dowling, Program Assistant (HEAED) Badamkhand Bold, Team Assistant (EACMF) 3