EBRD finances municipal upgrades in Tajikistan
Tajikistan, Oct. 7 -- The European Bank for Reconstruction and Development (EBRD) is contributing to the development of sustainable municipal infrastructure in Tajikistan by financing two projects collectively worth over €10.5 million (US$ 12.3 million).Signed during a visit by EBRD Vice President for Policy and Partnerships Mark Bowman to the country's capital, Dushanbe, the financial package will consist of the following: A sovereign loan of up to €2.4 million and an EBRD grant of up to €2.4 million will help to modernise the water supply in the city of Yavan in the country's Khatlon region. The funds will be used to improve the quality, accessibility and reliability of water-supply services and to boost the performance ...
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