Eng - UNDP in Tajikistan
Eng - UNDP in Tajikistan
Eng - UNDP in Tajikistan
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DEVELOPMENT PARTNER PROFILE<br />
Multilateral<br />
The World Bank Group<br />
Contact: Ms. Chiara Bronchi<br />
Country Manager<br />
Tel: 221-07-56, 221-03-81 Fax: 251-00-42<br />
E-mail: cbronchi@worldbank.org<br />
Website: www.worldbank.org<br />
Organization Profile<br />
The World Bank Group which consists of the International Bank for Reconstruction and Development (IBRD), the International Development<br />
Association (IDA), the International F<strong>in</strong>ance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA) and the International<br />
Center for Settlement of Investment Disputes (ICSID) has one overarch<strong>in</strong>g goal: help<strong>in</strong>g its borrowers reduce poverty.<br />
The IBRD and IDA make loans and credits to borrower governments for projects and programs that promote economic and social progress by<br />
help<strong>in</strong>g raise productivity so that people may live better lives. Along with these loans/credits, the World Bank provides policy advice,<br />
technical assistance and help mobilize resources.<br />
The IBRD was established <strong>in</strong> 1945 and is now owned by 184 member countries. The IDA was established <strong>in</strong> 1960 and is now owned by 164<br />
members. IDA provides assistance to the poorest develop<strong>in</strong>g countries that cannot meet the IBRD terms. IDA provides credits to poorest<br />
countries - ma<strong>in</strong>ly those with an annual per capita gross national product of $925 (<strong>in</strong> 1997 US dollars) or less. By this creation, eighty-one<br />
countries are eligible, <strong>Tajikistan</strong> be<strong>in</strong>g one of them. These are concessional credits: 40 years repayment period, 10 years grace period and<br />
<strong>in</strong>terest rate sero (with service fee of 0.75%)<br />
The Republic of <strong>Tajikistan</strong> became a member of the World Bank on June 4, 1993. A liaison Bank office was first established <strong>in</strong> October 196<br />
and then up-graded to a full-fledge Country Office <strong>in</strong> December 1998.<br />
Past and Current Programmes<br />
S<strong>in</strong>ce 1996 IDA has approved n<strong>in</strong>eteen projects (plus three supplemental credits) for a total commitment of about USD 333 million. Up to<br />
date, the Bank supported projects and carried out non-lend<strong>in</strong>g activities aimed at structural adjustment, agriculture and rural development,<br />
health, education, social security, <strong>in</strong>frastructture rehabilitation, disaster management and other. Two structural reform credits have supported<br />
economic reforms which along with the peace agreement, have led to turnaround <strong>in</strong> economic growth.<br />
The World Bank Country Partnership Strategy (CPS) for <strong>Tajikistan</strong> (FY 06-09) is focused on three narrow goals: support<strong>in</strong>g growth <strong>in</strong> the<br />
immediate future by improv<strong>in</strong>g domestic economic opportunities, lay<strong>in</strong>g the foundation for future growth by preserv<strong>in</strong>g and enhanc<strong>in</strong>g the<br />
human capital, and exploit<strong>in</strong>g the country’s energy potential. Specifically,<br />
• To improve bus<strong>in</strong>ess opportunities <strong>in</strong> rural and urban areas, the Bank Group, with the IFC <strong>in</strong> the lead, is support<strong>in</strong>g the<br />
strengthen<strong>in</strong>g of the f<strong>in</strong>ancial sector, reduce the cost of do<strong>in</strong>g bus<strong>in</strong>ess and, with IDA <strong>in</strong> the lead, support measures to improve access to<br />
agricultural land and reduce rent extraction <strong>in</strong> the cotton sector.<br />
• To enhance and preserve the quality of the human capital, the Bank Group is help<strong>in</strong>g improve the system of resource allocation to<br />
education and health, create conditions for better teach<strong>in</strong>g and primary school attendance, <strong>in</strong>crease utilization of primary health care, and<br />
<strong>in</strong>crease the supply of safe water <strong>in</strong> selected areas.<br />
• To exploit the country’s hydropower potential, the Bank Group is support<strong>in</strong>g efforts to <strong>in</strong>crease efficiency of the domestic energy<br />
sector through improved cost recovery, and is assist<strong>in</strong>g the Government <strong>in</strong> attract<strong>in</strong>g foreign <strong>in</strong>vestment <strong>in</strong> the hydropower sector.<br />
The term of the current Country Partnership Strategy will f<strong>in</strong>ish on June 30, 2009 (when the WB fiscal year comes to an end).<br />
World Bank is assist<strong>in</strong>g the Government <strong>in</strong> achiev<strong>in</strong>g objectives of its second Poverty Reduction Strategy for 2007-2009, which is based on<br />
the country’s development vision reflected <strong>in</strong> the National Development Strategy (NDS) for 2005-2015.<br />
Bank had supported the Government <strong>in</strong> the NDS preparation process via provid<strong>in</strong>g comments to the document and be<strong>in</strong>g the member, along<br />
with ADB and <strong>UNDP</strong>, of the Coord<strong>in</strong>ation Committee chaired by the Prime M<strong>in</strong>ister and established by the President for the purposes of<br />
NDS and PRSP2 development and implementation.<br />
The World Bank helped the Government organize four Donors’ Consultative Group Meet<strong>in</strong>gs for <strong>Tajikistan</strong> s<strong>in</strong>ce 1996 <strong>in</strong> Tokyo, Paris, and<br />
Dushanbe, where donors have pledged from USD 185 million at the first meet<strong>in</strong>g to USD 900 million (USD 200 milliom <strong>in</strong> humanitarian<br />
assistance) over three years at the fourth meet<strong>in</strong>g held <strong>in</strong> Dushanbe <strong>in</strong> May 2003. The degree of materialization of these pledges has been<br />
uneven.<br />
The <strong>Tajikistan</strong> Development Forum brought together development partners of the country <strong>in</strong> Tajik capital on June 2, 2007. Forum provided<br />
an important opportunity to assess the implementation of the <strong>Tajikistan</strong> first Poverty Reduction Strategy and carry out an open dialogue<br />
between government representatives, development partners and the civil society on the implementation of the country’s National<br />
Source: Aid Coord<strong>in</strong>ation and Project Monitor<strong>in</strong>g System Database<br />
© State Committee on Investments and State Property Management of the RT<br />
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