Germany Will Provide €9.6 Million to Support Tajik Entrepreneurs
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DUSHANBE, 25.01.2022 (NIAT Khovar) – Dushanbe hosted a signing ceremony for the agreements on the transfer of funds between the Ministry of Economic Development and Trade of Tajikistan and five local financial institutions, including Arvand Bank, microcredit organizations Finca, Humo, Imon International, and Oxus.
The ceremony was attended by the Minister of Economic Development and Trade Zavki Zavkizoda and Andreas Schneider, regional director of the German Development Bank in Central Asia.
The agricultural value chain financing program was implemented through grants from the German government in the amount of €9.6 million under the agreement between Tajikistan and Germany on financial cooperation for 2016-2017.
The program is aimed at providing affordable loans to small and medium-sized enterprises of Tajikistan, which are united in value chains in agriculture.
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