Meeting of the President of the European Bank for Reconstruction and Development, Mr. Suma Chakrabarty with officials from ministries and agencies, representatives of the private sector, entrepreneurs and the media on issues of private sector develop

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    On July 1st 2019 meeting of the President of the European Bank for Reconstruction and Development, Mr. Suma Chakrabarty with officials from ministries and agencies representatives of the private sector, entrepreneurs and the media on private sector development and regional interaction issues was held in conference hall  of the National library of Tajikistan in Dushanbe city.
   The meeting began with opening speech of the chairman of the State Committee on Investments and State Property Management of the Republic of Tajikistan Mr. Hamralizoda Farrukh Mahmoud. He welcomed the visit of the President of the European Bank for Reconstruction and Development Mr. Suma Chakrabarty to the Republic of Tajikistan.
  On behalf of the Government of the Republic of Tajikistan, the first Deputy Prime Minister of the Republic of Tajikistan, Mr. Davlatali Said welcomed Mr. Chakrabarty visit to Tajikistan and he stated that Government of the Republic of Tajikistan considers the EBRD one of the main and reliable partners and expresses its recognition to the EBRD’s management for establishing fruitful cooperation.
   Then President of the European Bank for Reconstruction and Development, Mr. Suma Chakrabarty had speech.
    Afterwards the questions and answers session took place. 
   The attendees, representatives of ministries and agencies, private sector and entrepreneurs took active participation in Q&A session. They discussed private sector development issues, business and investment climate improvement and exchanged ideas and experiences. 
   The European Bank for Reconstruction and Development is operating in Tajikistan since 1993. The EBRD in Tajikistan is mainly involved in private sector development, strengthening financial sector, supporting essential infrastructure, improving quality of energy supply, electricity efficiency management, water supply, utility services and transport sector development.
   As of July 1st 2019 the investment portfolio of the EBRD in Tajikistan is 840 million USD, from which 585 million USD is allocated in public sector and more than 260 million USD in financial and private sectors. 
Currently by financial support of the EBRD 22 public investment projects of 521.7 million USD are being implemented in utility, energy and transport sectors.
    The EBRD is considering funding 11 investment projects of 290.4 million USD in public sector now.
    It was stated that the Government of the Republic of Tajikistan will continue cooperation with the EBRD in improving people’s standard of life through promoting private sector development, social and economic improvement of the country.