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Add to Preferred SourcesTwo projects that aim to address fragility risks and increase social resilience in Tajikistan’s vulnerable regions were approved by the World Bank’s Board of Executive Directors.
The grant financing of $30 million for the Rural Economy Development Project and $37 million for the Socio-Economic Resilience Strengthening Project were allocated from the International Development Association’s (IDA) Risk Mitigation Regime. The projects will be implemented in Tajikistan’s southern Khatlon region and eastern Gorno-Badakhshan Autonomous Oblast (GBAO), which both border Afghanistan.
“Tajikistan is among four countries globally that will benefit from additional resources from the World Bank to tackle the risks associated with fragility, violence and conflict,” said Jan-Peter Olters, World Bank Country Manager for Tajikistan. “We worked closely with the Government of Tajikistan and other partners to identify risks that may hamper Tajikistan’s growth and developed a set of interventions aimed at increasing opportunities for vulnerable groups and reducing the risk of social and economic exclusion of remote communities.”
The Rural Economy Development Project will help develop increased income opportunities for local populations by investing in two sectors with large potential in GBAO and Khatlon – tourism and agribusiness. The project will also support public investment in infrastructure at cultural sites and allow for grants to communities for improving small local agribusiness infrastructure, including local markets.
Beneficiaries of the project include municipalities, public markets, museums, communities, farmers, agro-processors, as well as tourism-related stakeholders such as homestays, craftspeople, tourism guides, and other employees in the tourism sector. The project will also provide extensive support to state and private organizations in tourism and agribusiness to strengthen their capacity.
The Socio-Economic Resilience Strengthening Project will support local governments and community institutions, including mahalla committees, to deliver basic infrastructure and services in line with locally identified priorities and increase livelihood opportunities for youth.
Tajikistan has received $98.7 million for three projects, two of which were approved, while the third project will be under consideration by the World Bank Group’s Board of Executive Directors in July 2019.
Original source: World Bank
Published on 20 June 2019