INOGATE Programme
IMF to lend $116mn. to Tajikistan - will support energy development
The IMF has authorized a $116mn lonn facility to Tajikistan, to be used to support various sectors of the economy including energy.
In the energy sector, the authorities aim to put an end to the frequent interruptions in the electricity supply, which have stifled industrial production and are also impacting the service sector. Reforms will focus on strengthening the existing infrastructure, putting the state-owned power utility on a sound financial footing, and expanding the generation capacity. However, the government’s ability to finance new hydropower projects is constrained by a still vulnerable public debt outlook.
| Concerned URL | http://www.imf.org/external/pubs/ft/survey/so/2009/CAR042209A.htm [] |
|---|---|
| Source of information | IMF |
| Release date | 22/04/2009 |
| Contributor | David Conway |
| Geographical coverage | Tajikistan |
This item has expired