$70mln to be provided to Tajikistan from EurAsEC Anti-Crisis Fund

$70mln to be provided to Tajikistan from EurAsEC Anti-Crisis Fund

PanARMENIAN.Net - During the June 18 meeting in Saint Petersburg, the Board of the Anti-Crisis Fund (ACF) of EurAsEC consisting of finance ministers of the Fund’s member-states – Belarus, Kazakhstan, Kyrgyzstan, Russia, Tajikistan and Armenia – decided to provide $70mln credit to Tajikistan at 1% fixed interest rate, with 20-year term.

The decision was adopted after consideration and approval of conclusion of the Eurasian Development Bank on Tajikistan’s application for the obtainment of the aforementioned financial (stabilization) credit from the ACF funds, the press service of the Eurasian Development Bank told PanARMENIAN.Net The credit basically aims to keep the budgetary financing of social sectors (education, healthcare and social protection) at the envisaged level.

 Top stories
Wizz Air Abu Dhabi will be regularly flying from the Armenian capital of Yerevan to Abu Dhabi, UAE.
The ruble was trading at a low of 74.9 to $1 on March 9 morning, after another wild start to the week for financial markets.
Pashinyan said that raising the efficiency of the fight against corruption will be one of the most important challenges.
The Council adopted revised conclusions on the EU list of non-cooperative jurisdictions for tax purposes.
Partner news