Tajikistan tackles debt crisis & competitiveness of cotton sector
19 Jun '07
3 min read
The aim of the 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.
“Debt resolution will be the immediate focus, but the broad emphasis will be on measures to reform policy, increase competition, encourage private investment, and increase producer incomes. The project therefore addresses not only the direct causes and consequences of the debt crisis, but also the underlying policy distortions and institutional weaknesses that have caused it."
"It also translates the Government's newly completed agriculture strategy into action, a strategy that identifies land reform and cotton sector recovery as the two pillars of future sector growth,” said Bekzod Shamsiev, the Task Team Leader of the Project.