Financial Cooperation with Tajikistan in housing finance, energy efficiency and SME promotion

The Financial System Development is one priority area of German Development Cooperation with Republic of Tajikistan.  A well functioning financial system is a prerequisite for a sound development of economy and can provide the poor with access to financial services such as saving, payment transfer, and lending. The objectives of the assignment are to analyze the current state of Tajik financial sector (banking and microfinance sector). To identify and analyze the obstacles to the development of financial sector, including the gaps where the activities and support from German Financial Cooperation with Tajikistan would be most efficient / most needed. To update the activities of other donors and other international organizations in Tajikistan in the financial sector and to identify possible linkages and synergies with various forms of assistance provided by other donors / international financial institutions (IFIs) in the financial sector. To analyse recent decisions of the Tajik government towards the financial sector. To propose and assess options for the financial sector program, that may include but are not necessarily confined to (a) Housing Finance Program, if appropriate including energy efficiency measures in urban and / or rural areas, (b) Program for SME Promotion through provision of credit and / or leasing products, if timely and appropriate including energy efficiency measures, (c) Education Finance Program in Tajikistan