News TAJIKISTAN

First tranche of the European Union to Tajikistan in the amount of 4 million euros has been paid

The European Union is updating its long-term assistance program in Tajikistan, supporting national reforms in technical and vocational education, professional training, and employment through the implementation of a new cooperation model.

First tranche of the European Union to Tajikistan in the amount of 4 million euros has been paid Photo: Internet

The European Union is updating its long-term assistance program in Tajikistan, supporting national reforms in technical and vocational education, professional training, and employment through the implementation of a new cooperation model.

Tajikistan and the European Union have agreed on financial support amounting to €29.8 million, with plans to allocate three more annual tranches by 2026. The grant provision will be complemented by ongoing comprehensive activities to enhance the capacity and provide technical assistance to the Ministry of Labor, Migration, and Employment of the Population and the Ministry of Finance of Tajikistan.

According to the EU budget support program, annual transfers of funds to cooperation partners are always conditional. The so-called general conditions include the following:

a) satisfactory progress in the implementation of the National Education Development Strategy until 2030 and the Professional Training Program for Citizens for 2021-2025, as well as maintaining the authority and relevance of these or any subsequent strategy;

b) the conduct of credible and relevant macroeconomic policies aimed at ensuring stability, or achieving progress in restoring key balances;

c) satisfactory progress in implementing reforms to improve public financial management, including mobilizing domestic revenues, and maintaining the relevance and trust in the reform program;

d) satisfactory progress regarding the accessibility of timely, comprehensive, and reliable budget information.

The next payment of €10 million is scheduled for the second quarter of 2024, provided that agreed progress is made in implementing the country’s strategies and in relation to agreed target actions on priority reforms strictly within the established deadlines.

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