DUSHANBE, August 27, 2009, Asia-Plus — Two grant agreements for a total amount of € 26 million will be signed in Dushanbe tomorrow, according to the Ministry of Economic Development and Trade (MEDT).
The source at a MEDT said that agreements will be signed between the Tajik Government and German Development Bank (KfW Bankengruppe) for cooperation in enhancing agrarian sector and microlending services in Tajikistan.
KfW has provided some € 92 million in grants and loans to Tajikistan since 2002.
KfW Bankengruppe gives impetus to economic, social and ecological development worldwide. As a promotional bank under the ownership of the Federal Republic and the Länder (federal states), it offers support to encourage sustainable improvement in economic, social, ecological living and business conditions, among others in the areas of small and medium-sized enterprise, entrepreneurship, environmental protection, housing, infrastructure, education finance, project and export finance, and development cooperation.
