Dushanbe, Tajikistan, August 10, 2011—IFC,
a member of the World Bank Group, supported the government of Tajikistan
in drafting the new Permits Law, which was ratified by the president of
Tajikistan last week. The law will reduce administrative barriers
for businesses by significantly streamlining the process of permit issuance.
The new Permits Law was developed using a regulatory impact-assessment
tool introduced for the first time in Tajikistan by IFC. It will
reduce the number of permits from 607 to 85, with significant savings in
time and money for the private sector. The IFC Business Enabling
Environment Project and the government of Tajikistan have worked jointly
to reform the permit system since 2009. In February 2011, IFC helped
the government launch the Single Electronic Registry, which streamlines
the process of starting a business by providing Tajik entrepreneurs with
detailed information on business licenses and permits.
“Since the independence of Tajikistan in 1991, entrepreneurs have suffered
from bureaucratic barriers and burdensome permit procedures,” said Matlyuba
Uljabaeva, Chairman of the National Association of Small and Medium Business.
“We are confident that the new Permits Law will greatly improve
the situation on the ground. Significant credit for this is due to
IFC and its partners, DFID and SECO.”
“The Tajikistan government has shown a strong commitment to supporting
private sector growth, particularly for the small-and-medium-enterprise
sector,” said Christopher Miller, IFC Country Officer for Tajikistan.
“We will continue our partnership with the government to help improve
the country’s business environment.”
The IFC Business Enabling Environment Project is funded by the government
of Switzerland through the State Secretariat for Economic Affairs (SECO)
and United Kingdom’s Department for International Development (DFID).
The project aims to improve the business environment in Tajikistan
by removing key regulatory barriers to business entry and operations.
For more information about DIFD, please visit www.dfid.gov.uk.
For more information about SECO’s work in Tajikistan, please visit www.swisscoop.tj.
IFC, a member of the World Bank Group, is the largest global development
institution focused exclusively on the private sector. We help developing
countries achieve sustainable growth by financing investment, providing
advisory services to businesses and governments, and mobilizing capital
in the international financial markets. In fiscal 2011, amid economic uncertainty
across the globe, we helped our clients create jobs, strengthen environmental
performance, and contribute to their local communities—all while driving
our investments to an all-time high of nearly $19 billion. For more information,