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TAJIKISTAN: FOREIGN BORROWINGS PROGRAMME.

Summary: On 18 November, the lower house of TajikistanEe's parliament approved the countryEe's Foreign Borrowings Programme for the period 2016-2018.

On 18 November, the lower house of TajikistanEe's parliament approved the countryEe's Foreign Borrowings Programme for the period 2016-2018. Speaking in parliament, Finance Minister Abdusalom Kurboniyon said the programme provides for the attraction of borrowings worth more than $670 million, which will be used to develop the most important sectors of the national economy, including transport, communications, agriculture, energy and healthcare. Kurboniyon said the money will be borrowed from international financial institutions and funds. Moreover, 35% of the total borrowings will be accepted on a grant basis.

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Publication:EMBIN (Emerging Markets Business Information News)
Geographic Code:9TAJI
Date:Dec 1, 2015
Words:122
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