Progress in the implementation of public investment projects in 2025

As of January 1, 2026, a total of 82 public investment projects are being implemented in the Republic of Tajikistan (55 grant projects, 5 loan projects, and 22 projects with mixed financing — loans and grants), with a total value of 43.2 billion somoni (USD 4,680.7 million).

Within the portfolio, grant financing amounts to 28.8 billion somoni (USD 3,120.6 million) or 66.7%, loan financing — 12.9 billion somoni (USD 1,403.05 million) or 30.0%, the Government’s contribution — 1.4 billion somoni (USD 151.2 million) or 3.2%, and other sources — including state-owned enterprises, local executive authorities, and jamoats (beneficiaries) — 53.7 million somoni (USD 5.8 million) or 0.1%.

The sectoral allocation of funds (totaling 43.5 billion somoni or USD 4.6 billion) is as follows:

• Education - 11 projects, USD 426.3 million (9%);
• Healthcare and social protection - 6 projects, USD 232.6 million (5%);
• Agriculture - 4 projects, USD 210.4 million (5%);
• Irrigation and water management - 4 projects, USD 170.7 million (4%);
• Housing and communal services - 11 projects, USD 282.5 million (6%);
• Energy - 20 projects, USD 1.6 billion (35%);
• Transport - 14 projects, USD 1.2 billion (27%);
• Ecology and emergency situations - 4 projects, USD 158.7 million (3%);
• Other sectors (public finance, taxation, statistics, tourism) - 8 projects, USD 284.8 million (6%).

Cumulative disbursement since project inception reached 28.16 billion somoni (USD 3.04 billion), or 65%, while for January–December 2025 it amounted to 6.4 billion somoni (USD 697.2 million), or 101% of the financial plan.

Sectoral disbursement performance in 2025 was as follows:

• Transport - USD 180.7 million (104%);
• Energy - USD 223.8 million (96%);
• Finance, taxation, statistics, tourism, etc. - USD 48.3 million (92%);
• Education - USD 70.8 million (105%);
• Healthcare - USD 33.7 million (107%);
• Irrigation -USD 33.1 million (98%);
• Agriculture - USD 25.8 million (108%);
• Housing and communal services - USD 47.9 million (104%);
• Ecology and emergency situations - USD 32.4 million (112%).

In January–December 2025, 31 loan and grant agreements were signed with development partners covering 25 projects totaling USD 619.02 million. These projects focus on digitalization, transport, water supply, healthcare, energy, entrepreneurship development, heat supply, ecology, agriculture, and innovation.

Within the newly signed projects, loans account for 52.1% (USD 322.7 million), grants — 47.6% (USD 294.8 million), and the Government contribution — 0.3% (USD 1.5 million).

To implement Clause 2 of the Government Resolution No. 330 dated June 21, 2018, an interagency working group (including representatives of the Ministry of Finance, the State Financial Control and Anti-Corruption Agency, and the Accounts Chamber) was established to evaluate the effectiveness of project implementation agencies for 2024.

The assessment results indicate improved performance compared to 2023. Overall ratings were:

• “Good” - 16 agencies;
• “Satisfactory” - 31 agencies;
• “Unsatisfactory” - 23 agencies.