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IFC Launches Third Business Environment Survey for Small Businesses in Tajikistan


In Dushanbe:
Iskandar Usmonov
Phone: (+992 48) 701 14 68
E-mail:
IUsmonov@ifc.org


Dushanbe, Tajikistan, July 16, 2008—IFC, a member of the World Bank Group, begins its third survey of the business environment in Tajikistan in July. This follows up on surveys in 2003 and 2006, covering small and medium enterprises’ experiences with registration, permits, licensing, inspections, taxation, finance, and trade. The national survey of the entire country will cover a sample size of about 1,500, including individual entrepreneurs and representatives from small and medium enterprises and dehkan farms. IFC will analyze the data and issue a comprehensive report to the government and the general public in early 2009.

“The previous survey reports presented the government with a number of recommendations for improving the investment climate.  Based on these an inspections law was adopted that simplifies inspection procedures. Amendments to the tax code also included our recommendations and simplified the process of paying taxes,” said Parvina Rahimova, IFC Analyst.

The results of the survey will help the government measure progress in its efforts to improve the environment for small and medium enterprises. As in the previous two reports, the 2008 survey will include recommendations for further improvements to the business climate that will support entrepreneurial development in the country.

This project is supported with funds from the Swiss government. The previous surveys are available in English, Russian, and Tajik. To download, visit www.ifc.org/tajikistan/sme.
       
About IFC
IFC, a member of the World Bank Group, fosters sustainable economic growth in developing countries by financing private sector investment, mobilizing private capital in local and international financial markets, and providing advisory and risk mitigation services to businesses and governments. IFC's vision is that people should have the opportunity to escape poverty and improve their lives. In FY07, IFC committed $8.2 billion and mobilized an additional $3.9 billion through syndications and structured finance for 299 investments in 69 developing countries. IFC also provided advisory services in 97 countries. For more information, visit
www.ifc.org.

About SECO
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.