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ADB has increased its payment plan for Tajikistan

On March 10, a meeting of the ADB was held at the Dushanbe Plaza. ADB has increased its annual payment figures for Tajikistan by 40% in 2019. This was announced at the meeting to assess the performance of ADB-funded projects in the country for 2019.

The meeting was attended by the First Deputy Chairman of the State Committee on Investments and State Property Management of the Republic of Tajikistan,  Raza M. Farrukh, ADB project manager in Tajikistan and ADB project staff..

The meeting discussed issues related to the implementation of projects and agreed on measures to address them. Long-term internal procedures for approving grant agreements and enforcing the terms of projects, as well as the taxation of contracts procured under ADB projects, still require attention. ADB-funded projects continue to support the country’s efforts to achieve sustainable inclusive growth and improve the socio-economic conditions of the country’s population. Today’s session summarizes an annual review of the projects implemented by ADB and the Government of Tajikistan with the participation of implementing agencies.

It should be noted that ADB financing in Tajikistan in 2019 includes 16 projects totaling $ 768 million, of which 686 million USD or 89% are grants. The largest beneficiaries of ADB’s general assistance are the energy and transport sectors, accounting for 45.1% and 29.5%, respectively. ADB support also includes agriculture, natural resources and rural development (9.2%), water supply and other urban infrastructure and services (5.4%), healthcare (4.2%), education (4.1%) and the financial sector . 2.5%. In addition, 9 technical assistance projects were implemented for a total amount of $ 7.3 million USD.

In the course of this meeting the Report of the project manager “Maternal and Child Health Integrated Care” of the Ministry of Health and Social Protection of the Population of the Republic of Tajikistan, I. Mahmudzoda was heard, which covered the sections on the project implementation. Mr.Mahmudzoda  noted that the implementation of this project plays an important role in protecting the health of mothers and children in the Republic of Tajikistan.

During the meeting, ADB outlined and praised projects that showed good results in 2019.

It is worth to mention that ADB’s first aid to Tajikistan was approved in 1998 to support post-conflict recovery. Since then, ADB has mobilized more than 1.8 billion USD to the country, of which 1.3 billion were allocated in the form of grants. This assistance has helped improve the country’s transport and energy infrastructure, support social development, expand agricultural production and strengthen regional cooperation and trade. ADB is committed to achieving a prosperous, integrated, viable and sustainable region in Asia and the Pacific, while at the same time working to eradicate extreme poverty.

ADB was established in 1966. The bank shareholders are 68 countries, 49 of which are located in the Asia-Pacific region.

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