EDB extends first $20-million tranche of EFSD financial credit to Tajikistan
DUSHANBE (TCA) — Tajikistan has received the first, US $20 million tranche of the financial credit from the Eurasian Fund for Stabilisation and Development (EFSD) managed by Eurasian Development Bank (EDB). The tranche was extended as a result of the country’s compliance with all the conditions precedent for its provision set forth by the Resolution of the EFSD Council dated 8 December 2015 and the Loan Agreement signed on 15 August 2016 between EDB and the Republic of Tajikistan, EDB said.