World Bank sets conditions for up to $1.8 billion in financing for Tajikistan

Tajikistan could receive up to $1. 8 billion in concessional and private financing over the next seven years, but the full amount will depend on economic reforms and improvements in the investment climate. The financing is planned under the World Bank’s new Country Partnership Framework (CPF) for Tajikistan for fiscal years 2026–2032. The new framework supports Tajikistan’s efforts to accelerate economic transformation, strengthen resilience, and improve living standards through private sector-led growth leading to job creation. The Bank says the amount is not guaranteed and will depend on the implementation of ambitious reforms and the availability of funding. From grants to loans A major change under the new framework is Tajikistan’s expected transition from grants to loans from the International Development Association (IDA).

Starting in fiscal year 2027, Tajikistan is expected to move from IDA grants to loans as its per capita income has risen to a level at which it no longer qualifies for the previous grant-financing regime. Over the seven-year period, the World Bank expects to provide between $1 billion and $1. 2 billion in IDA financing. The final amount, however, will depend on available IDA resources, global economic conditions and whether individual projects meet the Bank’s eligibility criteria. Up to $600 million linked to private investment Another potential $600 million could come through the World Bank Group’s private-sector institutions — the International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA). The IFC could mobilize up to $500 million, including up to $200 million in its own investments and up to $300 million from private investors. MIGA could provide up to another $100 million. The World Bank says access to…