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ADB approved a $5.5 million loan and a $6.5 million ADF grant for a sustainable cotton development project to help restore the cotton subsector, the country’s main source of farm income, agriculture exports, and rural employment. The project will target four major cotton-growing districts and use a two-tiered strategy to resolve cotton farm debt on a pilot basis and to develop the cotton market. ADB also supports the Government’s farm debt resolution strategy.
ADB assistance to the power sector continued, with a $21.5 million loan for the Regional Power Transmission Interconnection Project for Afghanistan and Tajikistan (including a $35.0 million loan to Afghanistan). The loan will finance the construction of a 220-kilovolt double-circuit transmission line from the Sangtuda Hydropower Plant to Shekabandar, and rehabilitation of the Khatlon Power System. ADB is cooperating with other development partners to support a larger regional proposal for the Central Asia–South Asia Transmission Line Project, which will export power from Tajikistan to Pakistan.
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A flagship program in Pakistan’s financial sector, approved for $320 million, focuses on improving access to microfinance and other financial services
ADB continues to assist the power sector in Tajikistan
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