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Economy

ADB grants Tajikistan $63.77 million for health and the pension system’s digital overhaul

Finance Minister Faiziddin Kahhorzoda and ADB country director Ko Sakamoto signed two grant agreements in Dushanbe on 21 October: $43.7 million for health security and primary care and $20.5 million to digitise social insurance and widen pension coverage, Avesta reported on 22 October citing the bank. The components add up to $64.2 million against the stated total of $63.77 million.

Stacked bar chart of two ADB grants to Tajikistan: health 43.7 million dollars in four parts, social insurance 20.5 million in two, the 19.5 million pension-system grant in amber.

The health project is to strengthen regional health security and primary care, with $28 million from the Asian Development Fund, $10.7 million in grant co-financing from the Pandemic Fund, $3 million from the Japan Fund for Prosperous and Resilient Asia and the Pacific and $2 million from the Green Climate Fund, Avesta wrote at 10:06 Dushanbe. Six components add up to $64.2 million against a stated $63.77 million.

The second agreement puts $20.5 million into modernising and digitising the social insurance system, $19.5 million from the Asian Development Fund and $1 million from the High Technology Fund. Its stated aim is to widen the population’s pension coverage and modernise the delivery of pensions and other social payments.

Six components add up to $64.2 million against a stated $63.77 million.

That money lands in the week the bank’s country diagnostic study put retirement-age options before Dushanbe, as CAW reported on 22 October: women from 58 to 63, or 65 for all, and a minimum record of 30 years. The $20.5 million grant itself appeared in CAW on 9 October at approval. The Avesta page carries no reaction from the Agency for Social Insurance and Pensions and no mention of the retirement age.

Two totals sit on one page, $63.77 million stated and $64.2 million summed, and the gap of $430,000 is explained nowhere on it.