ADB discusses preparation of new partnership strategy with Tajikistan

3 May 2019 11:23 (UTC+04:00)

By Abdul Kerimkhanov

ADB works closely with Tajik Government to implement large-scale reforms in various sectors of the national economy.

Davlatali Said, First Deputy Prime Minister of Tajikistan, has held talks with Takehiko Nakao, Asian Bank Development (ADB) President, on the 52nd ADB annual meeting sidelines, which was held on Fiji.

The sides discussed bilateral cooperation, including infrastructure projects implementation, in particular the construction of roads, energy projects, tourism development, support to the private sector, climate change issues, as well as the preparation of a new ADB partnership strategy with Tajikistan for 2021-2025.

During the 52nd annual meeting, Takehiko Nakao presented a report on the bank activities in 2018. He informed that ADB loans in 2018 rose to a record $21.6 billion, an increase of almost 10 percent from $19.7 billion in 2017.

He reminded the ceremony participants that in July 2018, ADB adopted Strategy 2030, within which the Bank will work in six priority areas, such as addressing poverty and reducing inequalities, health and education, gender equality, and climate change. Nakao noted that ADB has invested almost $3.6 billion for these purposes in 2018.

ADB is composed of 67 members, 48 of which are from the Asia and Pacific region. The Bank celebrated 20 years of development partnership with Tajikistan in 2018. To date, ADB has approved around $1.7 billion in grants, concessional loans, and technical assistance to the country.

ADB and Tajikistan’s development partnership, which began in 1998, has restored and built the country’s new transport and energy infrastructure, supported social development, expanded agricultural production, and improved regional cooperation and trade.

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Abdul Kerimkhanov is AzerNews’ staff journalist, follow him on Twitter: @AbdulKerim94 

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