CDB pledges $500 million loan to National Bank of Tajikistan for unspecified infrastructure projects

$500K USD

Funder	China Development Bank (CDB)
Recipient Organization	National Bank of Tajikistan
Country	Tajikistan
Start Date	Jan 01, 2015
End Date	Nov 26, 2033
Duration	6,904 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`53946`

Grant Description

CDB pledges $500 million loan to National Bank of Tajikistan for unspecified infrastructure projects In September 2015, China Development Bank (CDB) and the National Bank of Tajikistan (NBT) discussed a possible $500 million loan to support various infrastructure projects in the country.

This isse was discussed at a meeting of the Deputy Chairman of the National Bank of Tajikistan, Umed Latifov, and a working group led by CDB official Feng Zhe Su.

📚 Sources & References

National Bank of Tajikistan proposes China Development Bank to invest in infrastructure projects
The productive meeting has taken place
National Bank is trying to obtain the weakening of dollar with the help of Chinese loan
塔吉克斯坦央行与中国国开行将签署对塔提供5亿美元贷款协议 Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.