Tajik authorities obliged to report on spending on health and social needs
9 months ago Web Desk 0
The government of Tajikistan has pledged to publish quarterly reports on health and social spending related to the coronavirus pandemic, said the head of the International Monetary Fund mission in Tajikistan, Padamja Handelwal, following a two-week virtual visit to the republic..
She noted that the 2020 budget revised in June includes higher allocations for health and social needs, with reductions in lower priority spending..
The IMF representative noted that the targeted social assistance program with financial support from international partners has been expanded throughout the country. She also noted the existing one-time social payments to vulnerable households.
Note that the IMF in early May of this year approved the provision of $ 189.5 million to Tajikistan to meet the urgent needs for financing the balance of payments and budgetary needs associated with the COVID-19 pandemic. This is an interest-free loan for 10 years with a 5-year grace period.
The Ministry of Finance says that the funds received are directed mainly to fulfill the social obligations of the state.
Source: Asia Plus