World Bank Invests in Tajikistan’s Agriculture Sector

$58 million grant goals to strengthen the resilience of the agriculture sector and contribute to submit-COVID-19 restoration

WASHINGTON, June 18, 2021 – The World Financial institution’s Board of Authorities Directors has accredited $58 million in grant financing from the Worldwide Enchancment Affiliation (IDA) for the Strengthening Resilience of the Agriculture Sector Enterprise in Tajikistan. The project will contribute in the direction of a extra resilient and sustainable agricultural sector, which is the mainstay of Tajikistan’s financial system and livelihoods.

“Planting the seeds for a sustainable, extra productive, local climate-resilient, and inclusive agricultural sector ought to permit for a harvest of financial progress, meals safety, vitaminal extreme quality, rural employment, and steadier incomes,” said Jan-Peter Olters, World Financial institution Nation Supervisor for Tajikistan. “The COVID-19 pandemic has extremelighted The Want to proceed modernizing the sector To Make constructive that farmers And everyone else working in rural economies proceed incomes income, root causes of seasonal poverty are addressed, and households can Rely upon entry to pretty priced, nutritious meals.” 

The project seeks to strengthen The inspiration for a extra resilient agriculture sector, Which might in flip assist to velocity up agricultural diversification, contribute to The event of a viable sector Of private micro, small, and medium-sized enterprises in rural areas, and generate further employment alternatives.

The project will assist The event of viable seed, seedling, and planting supplies methods To Make constructive the current, in enough quantity and extreme quality, of regionally Tailored and local climate resilient Sorts of these inputs for precedence crops. Investments in inputs know-how are important for enhancing manufacturing and productiveness, contributing to meals safety and vitamin and enhancing environment nice use of completely different inputs, collectively with water, fertilizers, pesticides, and pesticides.

The project will further work together with evaluation institutions Associated to the Tajikistan Academy of Agricultural Sciences and the Tajik Agrarian College to strengthen longer-time period capacities in evaluation and development of utilized sciences, with options for local climate adaptation and sector development.

As properly as, interventions are foreseen to assist investments in agri-logistical facilities for horticulture worth chains To reinformationrce sectoral competitiveness and farmers’ entry to markets, promote agricultural diversification, extreme quality, and meals safety requirements and scale again meals loss and waste. Availability of such facilities Is predicted To draw extra private investments in horticulture, collectively with fruit orchards, which can contribute to local climate mitigation and job creation.

In parallel, the project will current assist to efforts to strengthen the performance of choose public institutions for disaster prevention and administration. The precedence areas for performance-constructing embrace exact-time monitoring of agricultural manufacturing and agrometeorology, soil testing for improved soil fertility administration, and crop safety and locust administration.

The project Shall be carried out by the Ministry of Agriculture of the Republic of Tajikistan over The subsequent 5 yrs.

Over the previous yr, To deal with the impacts of the pandemic, The federal government of Tajikistan has developed a set of strategic paperwork on agriculture sector development and meals and vitamin safety in Tajikistan, with the objective of strengthening resilience, inclusiveness, and sustainability of the sector, whereas calling for investments in information and innovation, the supply of agricultural providers, logistical infrastructure, and constructed-in seed sector development. The project will assist the implementation Of these strategic priorities.

Presently, the World Financial institution is financing 21 tasks in Tajikistan totaling $1.1 billion. Since 1996, the World Financial institution has currentd over $2 billion in IDA grants, extremely concessional credit, and notion funds for Tajikistan. The World Financial institution Group is dedicated to persevering with its assist for Tajikistan As a Outcome of it strives To reinformationrce the lives and meet the aspirations of its youthful and rising inhabitants.