On 5 June 2024, a Strategic Session of the Eurasian Fund for Stabilization and Development was held in Moscow, Russian Federation, to discuss the results of the interim evaluation and the updating of the Fund’s Strategy and its Country Strategy for the Republic of Tajikistan, with the participation of the leadership of the finance ministries of the Fund’s member states.
The First Deputy Minister of Finance of the Republic of Tajikistan, Madjidi Yusuf Khairullo, participated in the event and delivered a speech on the activities of the Fund in the Republic of Tajikistan.
It was noted that currently the Fund is implementing a number of projects in the Republic of Tajikistan totaling 218.0 million US dollars, including three state budget support programs, the rehabilitation of the Nurek Hydropower Plant (Phase I), the modernization of the irrigation system in the Zafarabad district, as well as grant-funded initiatives in the areas of healthcare and public financial management.
The Country Strategy of the Eurasian Fund for Stabilization and Development in the Republic of Tajikistan provides for structural economic reforms and improvement of key institutions, modernization of core infrastructure (energy, agriculture, road construction, and social sectors), and human capital development.
Overall, the planned reforms and support areas included in the national strategy remain relevant.
The Eurasian Fund for Stabilization and Development was established on 9 June 2009 by the Republics of Armenia, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan, and the Russian Federation on the basis of the Agreement on the Establishment of the EFSD, and its main objective is to promote economic and financial stability in the member countries.
