DUSHANBE, April 27, 2015, Asia-Plus — The First Deputy Minister of Finance, Jamoliddin Nouraliyev, received a delegation of the Eurasian Development Bank (EDB) Anti-Crisis Fund at the end of last week.
According to the Ministry of Finance (MoF) Secretariat, the sides discussed a broad range of issues related to cooperation between Tajikistan and the EDB and priorities of Tajik government’s economic policy.
A special attention was reportedly paid to Tajikistan’s energy sector and conditions for consideration and financing of investment projects.
Stressing that economic crisis had affected Tajikistan’s economy, Nouraliyev noted that it would be expedient to increase the number of grants providing for enhancement of priority sectors of the country’s economy, the Secretariat said.
Eurasian Development Bank (EDB) is an international financial organization founded by Russia and Kazakhstan in 2006. The members of the Bank are Russia, Kazakhstan, Armenia, Tajikistan and Belarus (2010). Other states or international organizations can become members by joining the Agreement Establishing the EDB. The Bank has authorized capital in exceeds US$1.5 billion, which was formed of contributions by its member states: Russia (US$1billion), Kazakhstan (US$500 million), Armenia (US$100,000), Tajikistan (US$500,000) and Belarus (US$15 million). The authorized capital may be increased by resolution of the Bank’s Council. The Bank has the status of an international organization, and is subject to international law.
