China will provide Tajikistan with assistance amounting to 40 million dollars

Tajikistan has requested reimbursable assistance from the Chinese government in the amount of $300 million to implement some of its programs.

The government of Tajikistan will receive 300 million yuan (about $40.7 million) from the Chinese government as grant aid for various projects.

Earlier, on July 5, during the official visit of Chinese President Xi Jinping to Dushanbe, the press service of Tajikistan’s President Emomali Rahmon announced the signing of an agreement for grant assistance. No details of the document were disclosed.

According to the document, the assistance will be transferred by the China Development Bank to the National Bank of Tajikistan in yuan. The accounting of the funds will be in accordance with the procedures and rules of the China Development Bank. Banks will regularly report to the governments of both countries on the status of the accounts, the document states.

It is still unknown when these funds will be transferred to Tajikistan.

According to official data, 38.2 percent of the total foreign aid received by Tajikistan comes from China. China ranks first among donor countries in providing humanitarian aid to Tajikistan.