DUSHANBE, January 7, 2013, Asia-Plus — Tajik Prime Minister Oqil Oqilov today met here with Mr. Dimitris Tsitsiragos, Vice President, Eastern and Southern Europe, Central Asia, Middle East and North Africa, International Finance Corporation (IFC).
Subhiddin Muhiddinov, Senor Consultant, President’s Press Center says the sides discussed further expansion of cooperation between Tajikistan and the IFC in sectors like financing, energy, transportation, agriculture, investment and infrastructure development.
The two also considered a broad range of issues related to increase in technical and consultative assistance provided by the IFC for implementation of projects aimed at mining operations as well as development of agribusiness and farm produce processing in Tajikistan, the source said.
Mr. Dimitris Tsitsiragos leads IFC’s investments and advisory services across 52 countries with over 800 staff, and oversees an integrated strategy that aims to create jobs, plug infrastructure gaps, increase access to finance, and tackle climate change.
The International Finance Corporation (IFC) is an international financial institution which offers investment, advisory, and asset management services to encourage private sector development in developing countries. The IFC is a member of the World Bank Group and is headquartered in Washington, D.C., United States. It was established in 1956 as the private sector arm of the World Bank Group to advance economic development by investing in strictly for-profit and commercial projects which reduce poverty and promote development. The IFC”s stated aim is to create opportunities for people to escape poverty and achieve better living standards by mobilizing financial resources for private enterprise, promoting accessible and competitive markets, supporting businesses and other private sector entities, and creating jobs and delivering necessary services to those who are poverty-stricken or otherwise vulnerable. Since 2009, the IFC has focused on a set of development goals which its projects are expected to target. Its goals are to increase sustainable agriculture opportunities, improve health and education, increase access to financing for microfinance and business clients, advance infrastructure, help small businesses grow revenues, and invest in climate health.
