Tajikistan and the International Development Association Sign Four Grant Agreements
On January 18, Tajikistan and the International Development Association (IDA) signed four grant agreements.
The grant agreements were signed in Dushanbe by the Minister of Finance of Tajikistan Fayziddin Kahhorzoda, and the World Bank Country Manager for Tajikistan Ozan Sevimli.
The first financing agreement is a technical assistance to finance the Rogun hydropower project. The aim of the project is to develop a financing structure and commercial basis for the Rogun HPP project, increase environmental and social sustainability, increase transparency and support the implementation of the Rogun HPP program of interests. The total cost of technical assistance is 11.7 million special drawing rights, equivalent to $15 million.
