Tajikistan and ADB review 2018 projects performance

DUSHANBE (TCA) — Tajikistan government officials, staff of the Asian Development Bank (ADB), and project implementation units on March 19 assessed the performance of projects funded by ADB in the country in 2018 and agreed on actions for improvement.

“Our joint operations continued to perform well last year,” said ADB Country Director for Tajikistan Mr. Pradeep Srivastava, who co-chaired the meeting together with the Chairman of the State Committee of Investments and State Property Management Mr. Farrukh Hamralizoda. “We hope that with recent reforms and innovations, such as ADB’s new procurement framework and client disbursement portal, the quality and efficiency of project implementation will become even better.”

The meeting wrapped-up the country portfolio review mission, an annual exercise jointly carried out by ADB and the Government of Tajikistan with implementing agencies and concerned line ministries.

The meeting discussed common issues affecting project implementation, with participants agreeing on implementing concrete actions to address them. One of the issues includes lengthy internal government procedures for ratifying project financing agreements and fulfilling project effectiveness conditions. To address another pending issue on taxation, the government intends to prepare and approve a register of tax-exempted investment projects.

ADB’s ongoing portfolio in Tajikistan in 2018 included 16 projects amounting to $769 million, with $686 million or 89% financed by grants. Energy and transport sectors remained the largest recipients of total ADB financing, accounting for 45.1% and 29.5%, respectively. ADB financing also focused on agriculture, natural resources, and rural development (9.2%); water and other urban infrastructure and services (5.4%); health (4.2%); education (4.1%); and finance (2.5%). In addition, there were 12 technical assistance grants totaling $16 million.

Tajikistan joined ADB in 1998. To date, ADB has approved a total of over $1.7 billion in grants, concessional loans, and technical assistance to the country. ADB and Tajikistan’s development partnership has restored and built the country’s new transport and energy infrastructure, supported social development, expanded agricultural production, and improved regional cooperation and trade.

Sergey Kwan

TCA