Dushanbe, August 1, 2007 — IFC,
a member of the World Bank Group, has launched the first of a series of
public service announcements on Tajik national television. Created
with the support of Tajikistan’s State Investment and Property Management
Committee, the announcements will help raise entrepreneurs’ awareness
about “On Inspection of Economic Entities,” a new law of the Republic
The first of four announcements—thirty-second
social advertisements that show entrepreneurs facing inspection under the
new legislation—was broadcast on Channel 1 on July 19 and will air four
times a day in premium time slots. The broadcasts will continue until late
September 2007. The first advertisement can be viewed at: http://www.ifc.org/ifcext/tajikistansme.nsf/Content/Awareness.
The launch of the public service announcement
series follows the release of the IFC report, “Business Environment in
Tajikistan, as Seen by Small and Medium Enterprises, 2006,” which finds
that, although the inspections law was passed in 2006, many entrepreneurs
remain unaware of their rights and responsibilities.
“The small and medium enterprise sector
can drive growth and foster local investments with a strong impact in the
country’s economy. Hence the government understands entrepreneurs’ need
for support to achieve growth,” said Rudoba Bakhridinova, Head of the
Legal Protection of Entrepreneurship Department of the State Investment
Committee of Republic of Tajikistan.
“Adopting the law is only the first
step in improving the business environment for Tajikistan’s small and
medium enterprises. The next step in bringing about positive changes
is proper implementation. The recently launched IFC television campaign
is a powerful tool to expand outreach and increase awareness among entrepreneurs,”
said Andrea Dall’Olio, IFC Business-Enabling Environment Project Manager.
The announcements inform entrepreneurs
of the most critical aspects of the new law and how to take advantage of
opportunities. The State Investment Committee, the State TV and Radio Committee,
and other government agencies that recognize the value of the initiative,
supported IFC in producing them. The campaign is part of a broader commitment
by IFC and the Swiss government to help Tajikistan’s government implement
the new law. In addition to the campaign, IFC provides ongoing training
to entrepreneurs, directly and through partner organizations.
IFC, a member of the World Bank Group,
fosters sustainable economic growth in developing countries by financing
private sector investment, mobilizing capital in the international financial
markets, and providing advisory services to businesses and governments.
IFC’s vision is that poor people have the opportunity to escape poverty
and improve their lives. In FY06, IFC committed $8.3 billion, including
syndications, to 284 investments in 66 developing countries. For more information,
please visit www.ifc.org.
About IFC Business-Enabling Environment
- SME Policy Project
With financing from Switzerland’s State
Secretariat for Economic Affairs, IFC is monitoring the business environment
by conducting regular surveys, helping implement the new inspections law,
conducting preliminary analysis for permits reform, and raising awareness
of small and medium enterprises through training and events. For more information,
please visit www.ifc.org/tajikistan/sme.
The State Secretariat for Economic Affairs
is the Swiss Confederation's competence center for all the core issues
related to economic policy. Its aim is to create basic regulatory and economic
policy conditions to enable business to flourish and benefit all. SECO
also represents Switzerland in the large multilateral trade organizations
and international negotiations, and is involved in efforts to reduce poverty
and help developing countries with transition economies build sustainable
democratic societies and viable market economies. Each year, Switzerland
spends about 1.9 billion francs on development cooperation and transition
assistance to countries.
About State Investment and Property
Management Committee of the Republic of Tajikistan
The committee was established in 2006
to manage state property and investment and support entrepreneurship development.
Its mission includes creating an efficient coordination system with investors,
protecting their legal rights, and analyzing the country’s investment