Azerbaijan, Baku, Dec. 5 / Trend V. Zhavoronkova/
The World Bank (WB) will allocate $60 million to Tajikistan in 2012 to support the country's development, Theodore Ahlers, the organization's Regional Strategy and Operations Director for Europe and Central Asia said after the meeting with Tajik President Emomali Rahmon on Monday, Asia-Plus reported.
At the meeting the sides discussed the WB's financial and technical support for Tajikistan's socioeconomic development, as well as the Roghun hydropower project's financing.
President Rahmon appreciated the World Bank's financial support to the country which during the past fifteen years totaled $640 million.
With regard to the Roghun hydroelectric power plant (HPP), the WB representative assured Rahmon that the assessment would be conducted in accordance with international standards and would be completed by mid-2012.
Tajikistan became a member of the World Bank and the International Development Association in 1993.