Meeting of the Deputy Minister of Economic Development and Trade with the Project Portfolio Manager for Sustainable Economic Development in Central Asia

  

On November 18, 2024, a meeting was held at the Ministry of Economic Development and Trade of the Republic of Tajikistan between the Deputy Minister of Economic Development and Trade - Mr. Nuriddinzoda Ahliddin Nuriddin and the Project Portfolio Manager for Sustainable Economic Development in Central Asia -  Mr. Yasin Ben Said.

 

At the beginning of the meeting, Mr. Nuriddinzoda A. N. emphasized that thanks to the wise and farsighted policy of the Founder of Peace and National Unity – Leader of the Nation, the President of the Republic of Tajikistan, H. E. Mr. Emomali Rahmon, mutually beneficial cooperation with international partners, including the German Development Bank (KfW) is continuously progressing.

During the meeting, the parties discussed the results of the implementation of the project “Agro Finance Value Chain in the Republic of Tajikistan,” which aims to support and develop the value chain in the agricultural sector.

Mr. Nuriddinzoda A. N. expressed gratitude to Mr. Yasin Ben Said for his active participation and support in the implementation of the aforementioned project.

It was noted that the project is being implemented with the support of the German Development Bank (KfW) and is considered an important step in the development of the agricultural sector of the Republic of Tajikistan. Thanks to the grant allocation of 8.6 million euros from KfW, five leading microfinance organizations, including “Arvand”, “Humo”, “Finca”, “Imon International”, and “Oxus”, have provided long-term concessional loans to small and medium-sized enterprises (SMEs) in the country.

This project has improved the access of rural entrepreneurs to financial resources, thereby boosting their activities and contributing to sustainable economic development in the regions.

At the end of the meeting, both parties expressed their readiness to develop new projects in the field of sustainable economic development and continue mutually beneficial cooperation.