IDA CREDIT: US$15 million
TERMS: Grace period = 10 years; Maturity = 40 years
PROJECT DESCRIPTION: The main objective of this project is to support government efforts to rejuvenate the cotton sector and create the conditions for sustainable growth of the Tajik cotton production. In addition to resolving the debt crisis, the project will guide and support policy reforms conducive to increased competition and higher producer returns, and demonstrate the capacity of privately owned family farms to drive future cotton production.