Early Warning System

Countries

Tajikistan

Geographic location where the impacts of the investment may be experienced.

Financial Institutions

World Bank (WB)

International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.

Project Status

Pipeline

Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.

Bank Risk Rating

Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."

Voting Date

May 27, 2020

Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.

Borrower

Government of TJ

A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.

Sectors

Finance

The service or industry focus of the investment. A project can have several sectors.

Investment Type(s)

Grant

The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.

Investment Amount (USD)

$ 6.00 million

Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.

Project Cost (USD)

$ 6.00 million

Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.

Bank Documents

Primary Source

Original disclosure @ WB website

Updated in EWS Jul 23, 2020

Disclosed by Bank Apr 14, 2020

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Project Description

If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

WB providing the proposed additional financing of US$6 Million, which will cover funding for the parent project’s financing gap from cost overruns (approximately US$0.3 million), and scale-up existing activities (US$5.7 million). The development objective of the project is to improve effectiveness, control and accountability of public expenditure of the Republic of Tajikistan.The additional financing will provide for adequate financing to the implementation of the TFMIS that now faces a funding gap. The revisions to the components and costs will primarily focus project activities to critical and good-performing activities for scale-up.

The existing project activities will be focused on:

(i) delivering a more comprehensive Public Accounting Reform,

(ii) implementing Strategic Planning Law;

(iii) extending functionalities of human resources/payroll information system and an integrated financial accounting and reporting system;

(iv) strengthening SOE monitoring and reporting (through gradual improvements in performance management and qualify of financial information)

Investment Description

Here you can find a list of individual development financial institutions that finance the project.

World Bank (WB)

Contact Information

This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

ACCOUNTABILITY MECHANISM OF WORLD BANK

The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: https://www.inspectionpanel.org.

Ministry of Finance

Faiziddin Qahhorzoda

Minister of Finance

r.bobro@pfmmp.tj