President Emomali Rahmon, who is also Head of the Government, on November 20 issued decrees on appointment of deputy heads of the State Unitary Enterprise (SUE) Sanoatsodirotbonk (Industry & Export Bank), which was established last month.

Azizsho Gharibshoyev was appointed First Deputy Head of the SUE Sanoatsodirotbonk and Shuhrat Muhiddinzoda was appointed Deputy Head of the SUE Sanoatsodirotbonk.

This bank was granted operating license on October 23.   .

Recall, b government’s decree issued in August Hokimsho Jourakhon, who had previously served as Director of the State Entrepreneurship Support Fund, was appointed to head the SUE Sanoatsodirotbonk.   

This bank was reportedly on the basis of the State Entrepreneurship Support Fund to finance entrepreneurs’ projects is expected to begin operating soon.

By government’s decree the State Entrepreneurship Support Fund under the Government of Tajikistan has been reorganized to the SUE Sanoatsodirotbonk. 

The State Entrepreneurship Support Fund was established in 2014 to support the successful development of entrepreneurial companies through an array of business support resources and services.

In a statement delivered at a meeting with entrepreneurs and investors in Dushanbe, President Emomali Rahmon noted on October 14, 2014 that the State Entrepreneurship Support Fund’s budget will be replenished with 1 billion somoni within the next seven years.