Opportunity Information: Apply for STI40020GR0025
The grant opportunity titled "Increasing Financial Integrity and Strengthening Financial Stability and Inclusion in Tajikistan" is a U.S. Department of State funding program administered by the U.S. Mission to Tajikistan (U.S. Embassy in Dushanbe). It is a discretionary grant competition (Funding Opportunity Number STI40020GR0025) created on May 12, 2020, with an original application deadline of July 10, 2020. The program is funded under CFDA 19.900 using FY 2019 Assistance for Europe, Eurasia, and Central Asia (AEECA) resources, and it is authorized under the Foreign Assistance Act of 1961, as amended. The embassy anticipated making one award, with a maximum funding level (award ceiling) of up to USD 987,750, and a period of performance of 24 months.
The core purpose of the project is to support the National Bank of Tajikistan (NBT) in strengthening financial-sector governance and resilience, with a strong emphasis on improving oversight related to anti-money laundering and combating the financing of terrorism (AML/CFT). In practical terms, the opportunity is designed to help the central bank enhance how it monitors, regulates, and oversees financial transactions and institutional compliance, reducing the risk that Tajikistan's financial system can be used for illicit finance. By reinforcing AML/CFT supervision and related controls, the program aims to improve the integrity and credibility of the banking sector, which is often a prerequisite for stronger international financial engagement.
Beyond compliance and oversight, the opportunity also targets broader macro-financial capacity building. It seeks to provide the NBT with foundational monetary policy tools and technical capabilities that can support economic growth and overall financial stability. This component reflects a wider objective: strengthening the central bank's ability to manage monetary conditions, respond to shocks, and promote a stable environment for households and businesses. While the notice does not list specific tools in the excerpt provided, the framing suggests assistance that improves the central bank's operational capacity to implement policy effectively and maintain confidence in the financial system.
A major strategic outcome highlighted in the announcement is support for reestablishing correspondent banking relationships with U.S. and European banks. Correspondent banking ties are essential for cross-border payments, trade finance, remittances, and access to global financial markets. When a country's AML/CFT framework and supervisory credibility improve, it can reduce de-risking pressures from international banks and make it more feasible to restore or expand these relationships. The grant also aligns with an objective of diversifying Tajikistan's financial sector toward Western markets, implying a desire to broaden international linkages, improve compatibility with global compliance expectations, and reduce reliance on a narrower set of external partners.
Eligibility is listed broadly as "Others" rather than a standard category, indicating that the competition may have targeted specific types of implementing organizations (for example, certain nonprofits, contractors, or specialized institutions) as clarified in the full eligibility section of the notice. The funding activity category is listed as "Other," suggesting the work spans multiple areas such as technical assistance, capacity building, training, policy development, and institutional strengthening rather than fitting neatly into a single conventional program category.Apply for STI40020GR0025
- The Department of State, U.S. Mission to Tajikistan in the other (see text field entitled explanation of other category of funding activity for clarification) sector is offering a public funding opportunity titled "Increasing Financial Integrity and Strengthening Financial Stability and Inclusion in Tajikistan" and is now available to receive applicants.
- Interested and eligible applicants and submit their applications by referencing the CFDA number(s): 19.900.
- This funding opportunity was created on May 12, 2020.
- Applicants must submit their applications by Jul 10, 2020. (Agency may still review applications by suitable applicants for the remaining/unused allocated funding in 2026.)
- Each selected applicant is eligible to receive up to $987,750.00 in funding.
- The number of recipients for this funding is limited to 1 candidate(s).
- Eligible applicants include: Others (see text field entitled Additional Information on Eligibility for clarification).
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