International financial institutions to finance projects in Tajikistan

Photo: International financial institutions to finance projects in Tajikistan / Tajikistan

Baku, Azerbaijan, June 24

By Aygun Badalova -Trend:

Three economic projects will be implemented in Tajikistan with the loans and grants from international financial institutions, Avesta.Tj reported citing a source in Tajik parliament.

These projects cover energy industry, agricultural and social sectors, according to the source.

The Islamic Development Bank (IDB) will finance the project on reconstruction of the Ravshan substation in Tursunzoda city of Tajikistan.

"The Tajik government and the IDB signed an agreement, which is currently being reviewed by the parliament", the source said.

The source added that the projects on improving the living standards in Khatlon and development of the livestock-breeding and pastures will be realized with the help of grants from the International Plant Cultivation Development Fund.

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