Cotton Sector Recovery Project

closed

The objective of the Cotton Sector Recovery and Poverty Reduction Project is to improve the livelihood of cotton farmers and create the conditions for sustainable growth of cotton production in selected, low income areas of Tajikistan, through debt resolution, an improved policy environment, and increased cotton output and profitability. The Project has 4 components: Component A is a defined, rules based approach to the implementation of debt resolution in the cotton sector through the creation of a Debt Resolution Agency and a financial vehicle (the Special Purpose Vehicle - SPV). Component B is the provision of technical assistance to the Government to support them in their agricultural policy formulation and implementation. Component C provides sub-credits to the cotton and seed processing sectors in the project areas in order to catalyze competition and drive recovery. Component D. Project Implementation Unit was set up in the Office of the President, to facilitate interaction with the State Advisor on Economic Policy appointed as the Chairman of the Independent Commission. To improve co-ordination, it will also implement the Asian Development Bank's Sustainable Cotton Sub-sector Project.