Eurasian Integration Yearbook 2012

2011: Data and ReviewsThe ADB Board of Directors has approved the $45 million grant assistancethat will be used to support two new government pilot programmes aimed atimproving the effectiveness and targeting of social benefit payments. It willalso help the government push ahead with an ongoing development plan tomodernise and improve tax policy and administration. The ADB grant will helpthe government preserve social safety net spending in the country’s budget for2011- 2012.The World Bank GroupThe World Bank Group allocated $30 million to finance three projects inTajikistan in 2011.IDA launched the Second Dushanbe Water Supply Project for a total amount of$16 million equivalent to improve water utility performance and water supplyservices in selected areas of Dushanbe through water treatment and distributioninfrastructure upgrades, metering programs and improved billing and collectionsystems.In June 2011, IDA approved the Fifth Programmatic Development Policy GrantProgramme (PDPG5) in the amount of $10 million to support the government’sactions in five spheres, including education, transport, agriculture, financialsector and public administration.In December 2011, IFC and Tajikistan’s State Committee on Investmentand State Property Management launched the Single Electronic Registry ofTajikistan, a website for entrepreneurs that provides information on licensingprocedures. The initiative was supported by Switzerland through the StateSecretariat for Economic Affairs and the United Kingdom’s Departmentfor International Development. The project aims to improve the businessenvironment in Tajikistan by removing key regulatory barriers to business entryand operations.In May 2011, IFC provided a senior loan of up to $4 million to CJSC AccessBankTajikistan to finance the expansion of micro-lending in Tajikistan.Eurasian Development BankDuring the period under review the EDB approved a second financing of $10million to Olim-Textile for purchases of raw cotton from Tajik farming units, itsprocessing at the spinning mill and subsequent exports of the cotton yarn.Moreover, the EDB provided a credit facility of $3 million to CJSC Tajprombankto finance the micro-lending programme in Tajikistan.European Bank for Reconstruction and DevelopmentDuring the period under review the EBRD extended $39.45 million equivalentfor eight projects in Tajikistan. The EBRD focused on developing agriculture,banking sector, municipal infrastructure and small businesses.338 EDB Eurasian Integration Yearbook 2012