ADB demands Tajikistan to increase electricity tariffs in exchange for $50 mln loan
The Asian Development Bank urged the government of Tajikistan to reconsider tariffs for electricity that entered into force on November 1, 2016 saying it will be one of other terms in exchange for $50 million loan for development of the country’s budget.
According to Country Director for Tajikistan Si Si Yu, Tajikistan will get the loan only after execution of all their terms.
The ADB demands to increase tariffs for electricity for both private sector and businessmen.
The Tajik side agreed with the given terms and now it is reconsidering electricity tariffs, noted the Country Director.
Electricity tariffs in Tajikistan have been earlier increased twice on recommendation of the World Bank by 20%.
The respective memorandum was signed between the government of Tajikistan and the World Bank in 2006 to boost profitability of the energy sector of the country.
Electricity in Kyrgyzstan costs $0.01-0.03$ per kilowatt-hour, $0.06 in Kazakhstan, $0.02-$0.06 in Uzbekistan, $0.007 in Turkmenistan and $$0,020-$0,023 in Tajikistan.
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