1. Business Environment and Investment Climate
DCC Private Sector Development Working Group 1. MTDS (GoT) priorities for the sector
Business Environment and Investment Climate
improved conditions for mobilising investment resources and monitor investment climate
favourable framework for entrepreneurship
facilitated interaction between business structures and public authorities
Public-Private Partnership (PPP)
improved legal and regulatory framework for PPP
improved interaction between public and private sector
sectoral and territorial PPP development programmes
Financial Sector
reduced financial sector’s vulnerability and ensured sustainable operations
improved access to financial resources

2. DCC Private Sector Development Working Group 2
DCC Private Sector Development Working Group 2. Development Partners’ interventions / Donor’s support
Business Environment and Investment Climate (among others)
facilitating Public-Private Dialogue
formulating and implementing selected reforms in the most challenging areas for MSMEs, foreign/domestic investors and traders
transferring innovations and know-how to companies and producers for the value-adding production of high quality and competitive goods/services
facilitating access to market for producers via B2B networking, trade fairs, removing trade barriers and information deficiency
Public-Private Partnership (PPP)
improving the legal framework for PPP
practical piloting of PPP approach
Financial Sector
crisis response work, incl. bank supervision, bank resolution, NPL resolution, financial stability coordination, financial safety nets
developing financial infrastructure to improve access to finance
facilitating access to long-term refinancing for banks and MFOs

3. DCC Private Sector Development Working Group 3
DCC Private Sector Development Working Group 3. Expectations from the Government of Tajikistan
Business Environment and Investment Climate
set clear priorities for improving the business environment
review mechanism of interaction between public and private sector and development partners
shift from creating new reform agendas to actual implementation of already launched reforms
commit and conduct thorough reform of tax regime and administration alongside introduction of realistic scenario based budget targets
finalize the activities aimed at facilitating business activities (one stop shop, registers, clear guarantees, risk based audits and inspections)
Public-Private Partnership (PPP)
review the structure of SUEs to identify which services are to be outsourced to the private sector
finalize the reforms in the field of land and property management, initiate design and introduction of LUR market as well as independent market valuation of immovable property
enhance transparency of state investment facilities
Financial Sector
set up proper bank resolution mechanisms through adopted Law on NBT, Law on Liquidation and two other laws and create a conducive regulatory environment
establish intra-ministerial committee on financial sector stability (NBT, MinFin, Deposit insurance agency)
create the conducive regulatory and institutional environment for financial infrastructure and consumer protection to improve access to finance for MSMEs

4. address taxation as key factor for private sector development
DCC Private Sector Development Working Group 4. Suggested next steps within DCC
address taxation as key factor for private sector development
re-think development coordination approaches, in particular those related to coordination of efforts in the fields of PFM, PSD, FSD to use available leverage in a more efficient manner
address agribusiness/agricultural value chain development under one Working Group
suggestion to focus PSD Working Group on:
business environment and investment climate
financial sector
agribusiness/agricultural value chain development