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Bishkek (AKIpress) - The World Bank’s Board of Executive Directors discussed a new Country Partnership Strategy (CPS) for Tajikistan that will guide the support of the World Bank and IFC (International Finance Corporation) to the country in 2015-2018.
The strategy sets out priority goals for cooperation between the World Bank Group and the Government of Tajikistan, and describes the Group’s planned program in the country aimed at improving the well-being of the people in Tajikistan.
Thus, the CPS supports the World Bank Group’s overall goal of reducing extreme poverty and promoting shared prosperity by prioritizing three main areas: 1) promote private sector led growth by improving the investment climate and strengthening competitiveness in key sectors to attract investment and create jobs; 2) promote social inclusion by increasing access to improved social services, including education, health, social assistance, water supply and sanitation; 3) enhance regional connectivity to increase the country’s access to regional markets and to global information and knowledge.
“We are looking forward to our continued collaboration with Tajikistan to support a new model of growth through higher private sector investments, supported by better public services for the population and better integration for Tajikistan into global markets and knowledge,” Saroj Kumar Jha, World Bank Regional Director for Central Asia, said.
Improving governance across sectors will remain an important area for the new strategy. More efforts will focus on reducing corruption to improve the business environment, including by increasing use of electronic services to comply with business regulations, particularly tax reporting. The World Bank Group is also committed to increasing the engagement of civil society organizations in projects to enhance feedback mechanisms and accountability for service delivery.
Narrowing the gender gap in human capital endowments and economic opportunities is critical for achieving inclusive growth. Thus, the new CPS stresses measures to improve women’s access to land rights and finance, building their capacity and skills, and ensuring equal access to high quality social services.