High-Level Strategic Consultation on Sustainable Financing in Tajikistan Held in Dushanbe

The main objective of the high-level consultation was to discuss the challenges and opportunities related to financing the country’s priorities, as well as to promote sustainable financing mechanisms in cooperation with all partners.

Opening the meeting, Mr. Nematullo Hikmatullozoda, Assistant to the President of the Republic of Tajikistan on Economic issues, emphasized: “Sustainable finance is a critical instrument for implementing the National Development Strategy 2016-2030, the Green Economy Strategy 2023–2037, and fulfilling Tajikistan’s international climate commitments. The establishment of sustainable financing mechanisms will enable the allocation of resources to priority sectors, from renewable energy to climate adaptation, thereby enhancing the well-being of the population.”

Mr. Shamsullo Khairullozoda, Deputy Minister of Finance of the Republic of Tajikistan said that “Tajikistan appreciated all its international partners for supporting reforms aimed at improving the quality and access to funding for national priorities, creating opportunities to introduce new sustainable financing instruments and implement projects with long-term social and economic benefits.” He further added that the Ministry remains committed to continuing cooperation, guided by shared values and mutual trust, to achieve tangible results for the country and its citizens.” 

Ms. Parvathy Ramaswami, United Nations Resident Coordinator in Tajikistan noted that “Tajikistan has the vision, the commitment, and the potential to build a model for sustainable finance that accelerates growth, strengthens resilience, and delivers tangible results for people. United Nations supports Tajikistan to mobilize a wider ecosystem of financing, including domestic public revenues, private sector capital, concessional and blended finance, and innovative sustainable finance instruments, to shape the quality of growth, resilience of societies and well-being of its current and future generations, leaving no one behind.” 

During the meeting, Ms. Nigina Abdurakhmonzoda, Director of the Agency of Securities and Speciale Registration of the Ministry of Finance of the Republic of Tajikistan, delivered a presentation on the current state of capital market development in the country and the role of thematic bonds in building a sustainable economy.

The draft of Tajikistan’s Sustainable Financing Roadmap was also presented, followed by an exchange of views on global and regional practices and how they can be applied to strengthen the country’s financing mechanisms. The importance of strategic planning, attracting private investment, and expanding sustainable financing instruments was also emphasized.