Narrative
Full Description
Project narrative
On August 5, 2020, China Eximbank and the Government of Tajikistan signed a debt suspension agreement as part of the Debt Service Suspension Initiative (DSSI). Under the terms of the agreement, the lender agreed to suspend principal and interest payments due between May and December 2020 under multiple loan agreements. The total suspension amount was $39,267,000.00 ( $30,435,000.00 in principal payments and $8,832,000.00 in interest payments). Then, in September 2020, Paris Club creditor countries agreed to provide to the Republic of Tajikistan a time-bound suspension of debt service due from May 1, 2020 to December 31, 2020.
Staff comments
1. According to information that the Government of Tajikistan provided to the World Bank through the Debtor Reporting System (DRS), the total suspension amount under the Government of Tajikistan’s August 2020 debt suspension agreement with China Eximbank was $39,267,000.00 ( $30,435,000.00 in principal payments and $8,832,000.00 in interest payments). See https://www.dropbox.com/scl/fi/shqo5w418nwvocuiibhn8/IDS-Principal-and-Interest-Amounts-Rescheduled-14-July-2024.xlsx?rlkey=6mka34nyg2qpwd7lvgfxz6x87&dl=0