ORDER OF THE GOVERNMENT OF THE REPUBLIC OF TAJIKISTAN

of March 27, 2018 No. 161

About procedure for development of the state investment projects and program implementation of the state investments of the Republic of Tajikistan

According to article 14 of the constitutional Law of the Republic of Tajikistan "About the Government of the Republic of Tajikistan", article 51 of the Law of the Republic of Tajikistan "About regulatory legal acts". For the purpose of enhancement of preparation of the state investment projects and implementation of medium-term programs of the state investments the Government of the Republic of Tajikistan decides:

1. Approve procedure for development of the state investment projects and program implementation of the state investments of the Republic of Tajikistan, and also structure of the Commission on selection of the state investment projects for inclusion in the program of the state investments of the Republic of Tajikistan (appendix 1 and 2 *).

2. To the ministries and departments, local executive bodies of the government, the organizations and organizations, irrespective of their pattern of ownership to take necessary measures for realization of this procedure and to represent the investment projects for inclusion in the program of the state investments of the Republic of Tajikistan.

3. Recognize invalid the order of the Government of the Republic of Tajikistan of August 1, 2011, No. 370 "About approval of rules of development of investment projects and implementation of medium-term programs of the state investments, grants and capital construction in the Republic of Tajikistan" and the order of the Government of the Republic of Tajikistan of October 4 2011, No. 483 year "About approval of Rules of forming of approval of the List of objects, under construction and at the expense of means of the government budget".

* Appendix 2 is applied in the original

Appendix 1

Approved by the Order of the Government of the Republic of Tajikistan of March 27, 2018, No. 161

Procedure for project development of the state investments and program implementation of the state investments of the Republic of Tajikistan

1. General provisions

1. The procedure for project development of the state investments and program implementation of the state investments of the Republic of Tajikistan (further - the Procedure) determines the purpose, tasks, structure, procedure for development, stages of forming and consideration of the Program of the state investments of the Republic of Tajikistan (further - the Program), procedure for preparation, assessment and selection of investment projects for inclusion in Programs, and also forming and approvals of the list of construction and constructions of production and non-productive appointment (new construction, expansion, reconstruction and construction of the incomplete objects) (further - the List) financed by the main centralized capital investments of the government budget.

2. The purpose of this procedure is increase in level of efficiency of program implementation, coordination of activities of the ministries, departments and local executive bodies of the government, public organization and private sector in case of attraction of external and internal investments for implementation of investment projects and implementation of actions based on strategic documents of development of the country, programs of medium-term development of the Republic of Tajikistan and Sustainable development goals.

3. Program purpose implementation of complex of actions for selection and implementation of priority investment projects, grants, projects of institutional development (technical assistance) and capital construction.

4. Program tasks:

- enhancement of tasks and powers of the bodies preparing Programs for realization of long-term state investment priorities;

- further ensuring transparency of the state investments for citizens of the Republic of Tajikistan, international financial institutions and the donor countries;

- determination of standard procedures for preparation, selection and implementation of priority projects of the state investments;

- ensuring mutual process of preparation of the Program of the state external borrowings of the Republic of Tajikistan guaranteed by the state for development of the country and planning of the government budget for implementation of long-term budget programs.

5. In this procedure the following concepts are applied:

- the state investment projects - the projects prepared by the ministries, departments and local executive bodies of the government, public organizations and private sector for the purpose of attraction of all types of investments into certain period and receipt of economic benefits which realization influences development of certain industries of economy of the Republic of Tajikistan and promotes increase in level of living of the population of Tajikistan;

- executive body - state body, the state or non-governmental organization, local executive bodies of the government, local government bodies of settlements and dekhot, public organizations and the private sector which addressed to industry or regional authorized bodies with project offers;

- the industry conclusion of the central relevant organ - the conclusion issued by the industry ministry, department concerning each investment project provided to the Ministry of Economic Development and Trade of the Republic of Tajikistan.

6. Financing sources of drafts of the Program are external and internal investments, including borrowed funds, grants and means of the government budget.

7. This Program is medium-term five-year-old in which during its realization, in case of need, corresponding changes and additions are made.

8. The course of development of the Program is completely synchronized on terms and cycle of preparation of the government budget. Programs of the state external borrowings and cycle of management of the external help.

9. Amounts of the state investments the next years are determined according to forecast indicators and specified in case of approval of the government budget for the corresponding year.

2. Structure of the program of the state investments

10. The program consists of analytical part and the list of projects.

11. Analytical part includes the analysis of general economic situation, priorities of the state investment policy, the analysis of execution of the program for previous years, the analysis of financial opportunities for the state investment, system of coordination of activities of state bodies for program implementation, and also reasons for compliance of set of the entering projects with its structure taking into account specifying on priorities.

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