Tajikistan.Third Fast Track Initiative Catalytic Fund Grant Project

The objective of the Third Fast Track Initiative Catalytic Fund Grant Project for Tajikistan is to contribute to an increased access to improved learning environments and a more efficient delivery of quality education services. This restructuring paper seeks approval to: i) reallocate proceeds of the grant; ii) increase the designated account authorized allocation from USD1.0 million to USD 1.5 million; and iii) reduce the scope of work in component 3.3 by canceling one of the originally planned surveys but without changing the results framework.

World Bank.Document Date: 2011/11/16.Document Type:  Project Paper.Report Number:  65869

Tajikistan.Third Fast Track Initiative Catalytic Fund Grant Project :restructuring (Vol. 1 of 2)

Main report

Data sheet

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Tajikistan.Community Development of Improved Acces to Quality Seed Program

Project

World Bank. Author: Ahouissoussi,Nicolas.Document Date:  2011/12/04.Document Type:  Implementation Status and Results Report.Report Number:  ISR5140

Tajikistan - COMMUNITY DEVELOPMENT OF IMPROVED ACCESS TO QUALITY SEED PROGRAM : P120628 - Implementation Status Results Report : Sequence 01x

Tajikistan.Ferghana Valley Water Resources Management Project

The revised PDO is to assist the Recipient in: (i) increasing the coverage of drained and irrigated areas in Bobojon Gafurov andKannibodom raions, respectively; and (ii) strengthening the early warning system of the Kayrakkum dam as well as carrying out ageotechnical study for assessing the risks associated with said dam.

World Bank.Author:De Jong,Ijsbrand Harko.Document Date: 2011/12/03.Document Type: Implementation Status and Results Report Report Number: ISR4612

Tajikistan - Ferghana Valley Water Resources Management Project : P084035 - Implementation Status Results Report : Sequence 12

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Tajikistan.Education Modernization Project

The project development objective is to set the stage for change at the national level while improving learning conditions and school enrollment and completion through grade 5 in selected districts. Through community-driven initiatives, the project will help to develop local and district capacity.

World Bank.Author:  Bazarova,Saodat.Document Date:2011/12/04.Document Type:  Implementation Status and Results Report.Report Number:  ISR5231

Tajikistan - Education Modernization Project : P069055 - Implementation Status Results Report : Sequence 19x

World Bank Director concludes visit to Tajikistan

Dushanbe, December 8, 2011 - The World Bank Director for Strategy and Operations for the Europe and Central Asia Region, Mr. Theodore Ahlers, completed his four-day visit to Tajikistan today reviewing the progress under the Country Partnership Strategy with the Government of Tajikistan, including areas for future priority support.

Mr. Ahlers and the Bank team met with the President of Tajikistan, the Prime Minister, other government officials, donors and civil society representatives to discuss the partnership between the World Bank and Tajikistan. The Bank is currently financing 16 projects in Tajikistan totaling USD 212 million. This financial support focuses on agriculture and rural development (38 percent), energy and water (33 percent), education, health and social protection (26 percent), and economic policy reform (3 percent).

Mr. Ahlers noted that the World Bank has long been a development partner of Tajikistan, having provided USD 640 million in grants and concessional credits over the last 15 years. The midpoint of the 2010-2013 Country Partnership Strategy provides an opportunity for a progress review. For 2012, the Bank is considering financing projects for USD 50 to 60 million. These projects are aimed at energy loss reduction, municipal infrastructure development, farm restructuring and land registration, private and financial sector development, and economic policy reform. Priorities were also discussed for allocating additional funding through 2014.

Recognizing Tajikistan’s current energy shortage problems and its long-run hydropower potential, the energy situation was a particular focus of the discussions. The Bank is currently preparing a power supply options study for Tajikistan. The Bank also expressed readiness to support other priority measures such as Nurek HPP rehabilitation, a winter energy management plan, advisory support on electricity export, and scaling-up the Dushanbe metering program. Regarding electricity export potential, Mr. Ahlers noted the recent progress on advancing the proposed CASA-1000 project that would permit Tajikistan and the Kyrgyz Republic to export their current summer electricity surpluses to Afghanistan and Pakistan.

Within the context of the energy discussions, the Bank and the Government of Tajikistan reviewed the status of the Rogun assessment studies financed by the World Bank at the request of the Government. The studies were initiated in February 2011 and both parties reiterated the importance of completing the studies using the highest international standards in order to thoroughly address dam safety, environmental and socio-economic issues.

Mr. Ahlers urged the Government to develop a revised completion schedule with the consultants taking into account the recent delays in work and communicate the conclusions to the World Bank. He also emphasized that the commitment to information sharing with riparians and civil society enhances the quality, transparency, and international recognition of such studies.

Contacts:
In Washington: Heather Worley, (202) 458-4857, hworley@worldbank.org;
In Dushanbe: Dilya Zoirova, (992-48) 701 58 00, dzoirova@worldbank.org

For more information about the World Bank’s work in Tajikistan, please visit: www.worldbank.org/tj

Available in: русский

IFC Risk Certification Program Helps Boost Financial Sustainability in Central Asia

worldbank.Tashkent, Uzbekistan, November 25, 2011—IFC, a member of the World Bank Group, is providing financial risk-management training to institutions in Azerbaijan, the Kyrgyz Republic, Tajikistan, and Uzbekistan, helping them reduce their risk of losses.

As part of the first round of the Risk Certification Program implementation, IFC conducted review classes on the fundamentals of financial risk on November 17-24 in Tashkent. The review classes focus on risk-management methodologies, governance structures for the management of risk in financial institutions, and an overview of globally accepted standards and concepts in these areas.

The program is organized in partnership with the Global Association of Risk Professionals, a globally recognized leader in financial-risk testing and certification programs, and educational and training activities.

Representatives of the Central Bank of the Republic of Uzbekistan and local training partners (Regional Baking Training Center and Federation of Accountants, Auditors and Consultants of Uzbekistan) joined the classes and passed GARP’s certification exam in Tashkent. Local training partners will further train staff of local banks and financial institutions during the second phase of the program. The review classes were held in Azerbaijan in September and in the Kyrgyz Republic and Tajikistan in October.

“Risk management is important aspect of stability of the banking system”, said Jahongir Abdurasulov, Deputy Director of Department of licensing and coordination of credit organizations’ activity at the Central Bank of the Republic of Uzbekistan. ”The banks are looking for good risk-management practices and are trying to test various methods. IFC’s Risk Certification Program, the first in the region, provides a unique opportunity to improve my knowledge of risk management from an international perspective.”

This training initiative is part of the IFC Azerbaijan-Central Asia Financial Markets Infrastructure Advisory Services Project, and the IFC Financial Markets Crisis Management Project, which are funded by Austria, Finland, the Netherlands, and Switzerland.

“IFC’s Risk Certification Program provides local banks and microfinance institutions access to globally acknowledged financial risk-management concepts and standards,” said Rolf Behrndt, IFC Regional Business Line Manager. “We hope as many bank and microfinance organization employees as possible will take these opportunities to expand their knowledge of financial risk management and earn certificates from the Global Association of Risk Professionals.”

IFC aims to strengthen financial markets in the region by strengthening credit information systems and risk-management practices and education, as well as by facilitating the resolution of distressed loans.

Available in: Uzbek, русский

About IFCIFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector. We help developing countries achieve sustainable growth by financing investment, providing advisory services to businesses and governments, and mobilizing capital in the international financial markets. In fiscal 2011, amid economic uncertainty across the globe, we helped our clients create jobs, strengthen environmental performance, and contribute to their local communities—all while driving our investments to an all-time high of nearly $19 billion. For more information, visit www.ifc.org

About GARPThe Global Association of Risk Professionals (GARP) is a not-for-profit global membership organization dedicated to preparing professionals and organizations to make better informed risk decisions. Membership represents nearly 150,000 risk management practitioners and researchers from banks, investment management firms, government agencies, academic institutions, and corporations from more than 195 countries. GARP administers the Financial Risk Manager (FRM®) and the Energy Risk Professional (ERP®) exams; certifications recognized by risk professionals worldwide. GARP also helps advance the role of risk management via comprehensive professional education and training for professionals of all levels. www.garp.org.

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