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$50 Million ADB Grant to Strengthen Finance Sector and Fiscal Management in Tajikistan

ADB approves $50m grant to help Tajikistan boost nonbanking finance sector

ADB approves $50 million grant to improve financial system and fiscal management in Tajikistan

ADB approves $50 million grant to improve financial system and fiscal management in Tajikistan AKIPRESS.COM - The Asian Development Bank (ADB) has approved a $50 million policy-based grant to support the government of Tajikistan in accelerating private sector growth by creating a stable financial system, increasing access to financial services, and improving fiscal management. The grant is for the first phase of the Financial Sector and Fiscal Management Improvement Program. “Tajikistan has the potential to achieve economic growth that is more sustainable, broad-based, and inclusive,” said ADB Public Management Specialist for Central and West Asia Yuji Miyaki. “This program, prepared in close coordination with key development partners, supports government-led reforms to increase private sector confidence in and strengthen the financial sector, combined with improvements in fiscal management, which will help increase private investment. It reflects the strong commitment of th

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