DUSHANBE, January 23, Asia-Plus -- The World Bank intends to write off Tajikistan’s debt next month.

Visiting Senior Vice-President of the World Bank Francois Bourguignon, told journalists this in Dushanbe on January 23 following his meeting with Tajik President Emomali Rahmonov.

Bourguignon put Tajikistan’s debt to the World Bank at more than US$300 million.

“This issue should be coordinated with heads of state from member nations of the G-8 and the World Bank’s Board of Directors in early February,” Francois Bourguignon noted. 

“During the meeting President Rahmonov and me discussed issues related to cooperation between the Government of Tajikistan and the Bank as well as exchanged views on a new long-term strategy of Tajikistan on reduction of poverty,” Mr. Bourguignon noted.  

We will recall that the International Monetary Fund wrote off Tajikistan’s debt in December last year under the Multilateral Debt Relief Initiative (MDRI).