ADB assistance to Tajikistan to hit $107M
By Laman Ismayilova
The Asian Development Bank (ADB) will support energy and road development, improving food security, strengthening investment climate, inclusive health, and sustainable urban infrastructure in Tajikistan.
This is stated in the Bank’s updated country program 2017-2019
for Tajikistan.
The indicative financial assistance for the 3-year Country
Operations Business Plan (COBP) is around $319 million, an increase
of over $200 million from the 2014-2016 COBP of $118 million.
“ADB will expand its support for structural reforms through
policy-based lending, support for private sector participation in
skills development, and investment in infrastructure,” said C.C.
Yu, ADB’s Country Director for Tajikistan.
The COBP includes projects to further develop the energy sector
including supporting sector reforms and boosting infrastructure,
improve food security through climate resilient technologies, and
rehabilitate key road corridors along with strengthening road
maintenance and road safety.
In addition, ADB will support projects to help develop urban
infrastructure, reform the investment climate, improve quality of
health services, and develop labor skills.
ADB assistance for 2017 is expected to be around $107 million,
followed by projected investments of $108 million and $104 million
in 2018 and 2019, respectively, according to the message.
However, final amounts will depend on the country’s performance and
availability of ADB funds.
Tajikistan joined ADB in 1998, and, to date, ADB has approved over
$1.5 billion in concessional loans, grants, and technical
assistance to the country.
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