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
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.
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.
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.