IMF Managing Director Kristalina Georgieva Praises Tajikistan's Rogun Hydroelectric Power Plant

On May 16, 2024, Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), visited Tajikistan to discuss the country's economic development and inspect the Rogun hydroelectric power plant. Her visit underscores the IMF's support for sustainable energy projects that can transform economies.

Georgieva met with Tajikistan's President Emomali Rahmon at the Palace of the Nation in Dushanbe. They discussed the country's economic growth, potential, and the IMF's commitment to supporting Tajikistan's development. A key focus of their conversation was the Rogun hydroelectric power plant, a project with the potential to provide low-cost green energy to the region.

During her visit to the Rogun hydroelectric power plant on May 17, 2024, Georgieva observed the construction progress, including the world's tallest rock-fill dam, which stands at 335 meters. She also inspected the modern equipment in the GIS building, which distributes electricity generated by the plant into the national energy system. The turbine room, where the first two units are operational, was another highlight of her tour.

Georgieva expressed her admiration for the project's progress, stating, "Rogun is not only the hope and dream of Tajikistan for reliable electricity and sustainable economic growth, but also the hope and dream of neighboring countries for affordable electricity. This project also promotes green energy, and therefore, the IMF will fully support it."

The Rogun hydroelectric power plant is seen as a cornerstone of Tajikistan's economic transformation. With its capacity to provide low-cost, sustainable energy, the project is expected to boost economic growth and improve the standard of living for the Tajik people. The IMF's support for this project is part of a broader commitment to promoting green energy and sustainable development in the region.

Georgieva's visit also highlighted the IMF's new program for Tajikistan, aimed at increasing the country's attractiveness to investors, improving the business climate, and optimizing the use of budgetary funds for social needs. This program is expected to play a crucial role in supporting the country's ongoing reforms and economic stability.

The Rogun hydroelectric power plant project, with its significant progress and potential, stands as a testament to Tajikistan's commitment to sustainable development. As the country continues to advance its economic reforms and infrastructure projects, the support from international organizations like the IMF will be pivotal in achieving long-term growth and stability.

Key Takeaways

• IMF Managing Director Kristalina Georgieva visited Tajikistan to discuss economic development and inspect the Rogun hydroelectric power plant.
• Georgieva met with President Emomali Rahmon to discuss economic growth and the IMF's commitment to supporting Tajikistan's development.
• The Rogun hydroelectric power plant has the potential to provide low-cost green energy to the region.
• The IMF will fully support the Rogun project, promoting green energy and sustainable development in the region.
• The IMF's new program for Tajikistan aims to increase investor attractiveness, improve the business climate, and optimize budgetary funds for social needs.