Authenticating legal documents in Tajikistan has always been a lengthy and burdensome procedure. Empowering an attorney to sign security agreements as part of a deal with foreign investors, for instance, can take three weeks
For decades, many residents of Tajikistan’s remote rural areas had power for as few as three hours per day, undermining small business growth and job creation. But Pamir Energy is now providing round-the-clock renewable energy
Farming is crucial to the economies of Central Asia, yet the region's agricultural exports are limited due to poor infrastructure, regulations, and operational industry barriers, such as weak food safety standards.
The limited financial knowledge of Tajik consumers means more than 40 percent of the population spends all their income and accumulates debt. To break the cycle, IFC and the World Bank Group Finance and Markets Practice Group have developed a program
Tajikistan became a member of IFC in 1994. Since 1997, IFC has invested $152 million, including $11.5 million mobilized from partners, to support 40 private sector projects in the financial sector, hydro power, retail, tourism and manufacturing sectors.
IFC Strategy in Tajikistan
IFC, with its focus on private sector development, has an important role to play in supporting inclusive growth and job creation in Tajikistan. IFC works with private sector clients, government, and civil society to bring global expertise to Tajikistan through its advisory services and investment projects. IFC looks forward to continuing to support reforms to strengthen the investment climate and to increase its direct financing of Tajikistan’s private sector companies.
IFC advisory programs in Tajikistan focus on: i) improving financial markets infrastructure, specifically credit information sharing systems and risk management education; (ii) the institutional and capacity building of financial intermediaries; (iii) microfinance development; (iv) investment climate and tax administration; (v) improving corporate governance in local companies; (vi) increasing agri-financing, and (vii) infrastructure advisory.
As of September 30, 2016, IFC’s committed portfolio stood at $110 million in 14 projects, which include investments in financial markets, telecommunications, food, retail and agribusiness sectors.
Details of projects currently in progress can be found in IFC Disclosure. For completed projects see press releases below or visit the IFC Press Room.