EFSD to Provide Tajikistan with $200 Million Budget Support Loan
The Eurasian Fund for Stabilization and Development will provide Tajikistan with a $200 million loan to support the state budget. The funds will be disbursed in three tranches.
AI will summarize what happened, why it matters and what it means for business.
The Eurasian Fund for Stabilization and Development (EFSD) will provide Tajikistan with a $200 million loan to support the state budget.
The corresponding agreement was signed in Dushanbe by Tajikistan's Minister of Finance Faiziddin Qahhorzoda and EFSD Head Yaroslav Mandron, the press service of the republic's Ministry of Finance reported.
The loan will be provided in three tranches: $100 million in the first tranche and $50 million each in the second and third tranches.
The funds are planned to be used to maintain the sustainability of public finances and fulfill social obligations.
THE WHOLE PICTURE
Understand the story
The essentials in one minute
BeforeEarlier
The EFSD and Tajikistan discussed the possibility of providing a budget support loan.
Now
The EFSD will provide Tajikistan with a $200 million loan to support the state budget.
Next
The loan will be disbursed in three tranches: $100 million in the first, and $50 million each in the second and third.