Republic of Tajikistan Country Partnership Framework FY19–23 Chair Summary* May 9, 2019 Executive Directors discussed the joint IDA/IFC/MIGA Country Partnership Framework (CPF) for the Republic of Tajikistan for the period FY19 – 23. Directors endorsed the strategy’s three focus areas (i) investing in human capital and building social resilience; (ii) improving the effectiveness of public institutions for sustainability; and (iii) enabling private-sector growth and creating markets. Directors urged the authorities to take full advantage of the opening of neighboring markets by providing the private sector with a supportive business environment necessary for entrepreneurship, investment, innovation, export, and job creation. They urged the World Bank Group to play a leading role in such development, especially in strengthening the governance of SOEs and improving the performance of the energy sector. They also recommended engagement in more upstream reforms, including in the financial sector. Directors welcomed the World Bank Group’s support towards human-capital investments and improved learning outcomes to complement the creation of jobs for youth and women. Directors acknowledged the persistent governance challenges and encouraged further progress in anti-corruption efforts and institutional reforms. They also encouraged the authorities to devise a modern, effective, and even-handed tax regime. In light of the continuation of the Risk Mitigation Regime in IDA19, they requested stocktaking and lessons learned from the initiative. Finally, Directors noted the importance of addressing gender issues. They also encouraged strong donor coordination in the country including continued cooperation with the IMF. * This summary is not an approved record.