Tajikistan: Crisis Recovery Support Program (Program Grant)

Sovereign Project | 43098-012

Summary

The Program will provide short-term fiscal stimulus to mitigate the economic and social impact of the crisis. The Program will help meet critical public expenditures such as social allowances, employment programs, and food and utilities expenses of social institutions.

The Program is fully in line with the Government's economic stabilization and expenditure management programs. Under the latter, the Government has prioritized specific social and safety net expenditures for the revised 2009 budget. Program proceeds will help meet some of the prioritized public expenditures.

The Program has four special features:

"First, it is anchored fully on the IMF's Poverty Reduction and Growth Facility (PRGF), which sets out the key macroeconomic parameters and identifies priority reform measures.

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Project Name Crisis Recovery Support Program (Program Grant)
Project Number 43098-012
Country Tajikistan
Project Status Closed
Project Type / Modality of Assistance Grant
Source of Funding / Amount
Grant 0152-TAJ: Crisis Recovery Support Program (Program Grant)
Asian Development Fund US$ 40.00 million
Strategic Agendas Inclusive economic growth
Drivers of Change
Sector / Subsector Public sector management - Public expenditure and fiscal management - Social protection initiatives
Gender Equity and Mainstreaming
Description

The Program will provide short-term fiscal stimulus to mitigate the economic and social impact of the crisis. The Program will help meet critical public expenditures such as social allowances, employment programs, and food and utilities expenses of social institutions.

The Program is fully in line with the Government's economic stabilization and expenditure management programs. Under the latter, the Government has prioritized specific social and safety net expenditures for the revised 2009 budget. Program proceeds will help meet some of the prioritized public expenditures.

The Program has four special features:

"First, it is anchored fully on the IMF's Poverty Reduction and Growth Facility (PRGF), which sets out the key macroeconomic parameters and identifies priority reform measures.

" Second, it uses the Program-Based Approach recognized under Asian Development Bank's (ADB's) Program Lending Policy. TCSP is structured on the Government's crisis mitigation program. The Government has adopted a crisis budget, which cuts non-essential expenditures and prioritizes social sector spending. ADB's financing will be part of the overall financing plan of the crisis mitigation program.

" Third, TCSP does not have a policy matrix or separate reform measures, in order to swiftly meet the counter-cyclical fiscal stimulus needs of Tajikistan.

" Fourth, ADB-through technical assistance and close coordination with other development partners-will focus on ensuring good financial management of the crisis-mitigation program.

Project Rationale and Linkage to Country/Regional Strategy
Impact Economic and social impact of the crisis mitigated
Project Outcome
Description of Outcome Poor and vulnerable groups protected
Progress Toward Outcome
Implementation Progress
Description of Project Outputs

1) Employment programs for returned and unemployed migrants implemented

2) Social assistance to vulnerable groups increased

3) Basic service delivery by health, education and social protection institutions maintained

Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location Republic of Tajikistan
Safeguard Categories
Environment C
Involuntary Resettlement C
Indigenous Peoples C
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation
Responsible ADB Officer Jose Antonio R. Tan III
Responsible ADB Department Central and West Asia Department
Responsible ADB Division Public Management, Financial Sector and Trade Division, CWRD
Executing Agencies
Ministry of FinanceMINFIN@TOJIKISTON.COM3, Academic Rajabovs,_Dushanbe
Tajikistan
Timetable
Concept Clearance 22 May 2009
Fact Finding 12 Mar 2009 to 25 Mar 2009
MRM 25 May 2009
Approval 06 Jul 2009
Last Review Mission -
PDS Creation Date 22 Jun 2009
Last PDS Update 30 Apr 2010

Grant 0152-TAJ

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
06 Jul 2009 07 Jul 2009 09 Jul 2009 31 Dec 2009 - 17 Jun 2010
Financing Plan Grant Utilization
Total (Amount in US$ million) Date ADB Others Net Percentage
Project Cost 40.00 Cumulative Contract Awards
ADB 40.00 06 Jul 2009 40.00 0.00 100%
Counterpart 0.00 Cumulative Disbursements
Cofinancing 0.00 06 Jul 2009 40.00 0.00 100%
Title Document Type Document Date
Crisis Recovery Support Program Project/Program Completion Reports Dec 2010
Grant Agreement for Crisis Recovery Support Program between Republic of Tajikistan and Asian Development Bank dated 7 July 2009 Grant Agreement Jul 2009
Crisis Recovery Support Program Reports and Recommendations of the President Jun 2009

Safeguard Documents

See also: Safeguards

No documents found.

Evaluation Documents

See also: Independent Evaluation

No documents found.


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