Opportunity Information: Apply for SAQM IP 22 CA 0032
The U.S. Mission to Tajikistan (Department of State, U.S. Embassy in Dushanbe) announced a discretionary funding opportunity titled "Increasing Financial Integrity and Strengthening Financial Stability and Inclusion in Tajikistan" under Funding Opportunity Number SAQM IP 22 CA 0032. The award is structured as a cooperative agreement, meaning the U.S. government expects to remain actively involved in the project alongside the selected implementer, rather than simply providing funds with minimal engagement. The legal authority for the funding comes from the Foreign Assistance Act of 1961, as amended, and the assistance is associated with CFDA number 19.900.
The purpose of the grant is to strengthen Tajikistan's financial sector by providing targeted support to both the National Bank of Tajikistan (NBT) and private-sector financial institutions. The program focuses on improving the integrity and resilience of the financial system by enhancing regulatory and supervisory capacity, especially in areas tied to financial crime risk. A central element is building stronger regulatory oversight to counter money laundering, which typically includes improving frameworks, procedures, and practical supervisory tools that can help identify suspicious activity, reduce illicit finance risks, and align local practices more closely with international expectations.
In addition to financial integrity, the opportunity emphasizes financial stability and inclusion through technical strengthening of monetary policy and risk analysis. In practical terms, this points to efforts that help the central bank and financial institutions better assess and manage systemic risks, improve the quality of financial and macroeconomic analysis, and strengthen decision-making processes that support stable monetary conditions. By improving risk analysis and policy capacity, the project is intended to help Tajikistan's financial system respond more effectively to shocks, reduce vulnerabilities, and create conditions that can support broader access to financial services.
The total proposed funding amount is up to $962,812, with an award ceiling of $962,812 and an expectation of one award. The planned period of performance is 24 months, indicating a medium-term implementation window designed to deliver measurable institutional strengthening rather than short, one-off trainings. The opportunity was posted on June 17, 2022, with an original closing date of August 1, 2022. Eligibility is listed as "Others," with additional eligibility details referenced in the full announcement, which typically means the competition may be open to a range of qualified organizations such as nonprofits, implementers, or other entities able to carry out technical assistance and capacity-building work in the financial sector.
Overall, this grant opportunity is designed to improve the rules, oversight, and analytical capabilities that underpin a trustworthy and stable financial system in Tajikistan, with particular emphasis on anti-money laundering supervision, stronger monetary policy capacity, and better risk assessment across both regulators and private financial institutions.Apply for SAQM IP 22 CA 0032
- 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 Jun 17, 2022.
- Applicants must submit their applications by Aug 01, 2022. (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 $962,812.00 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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Frequently Asked Questions (FAQs)
What is the title of this funding opportunity?
The opportunity is titled "Increasing Financial Integrity and Strengthening Financial Stability and Inclusion in Tajikistan."
Who is offering this grant?
The funding is offered by the U.S. Mission to Tajikistan, Department of State, U.S. Embassy in Dushanbe.
What is the Funding Opportunity Number?
The Funding Opportunity Number is SAQM IP 22 CA 0032.
What type of award is expected under this opportunity?
The award is expected to be a cooperative agreement, which generally means the U.S. government anticipates being actively involved in the project alongside the selected implementer rather than providing funds with minimal engagement.
What is the legal authority for this assistance?
The legal authority is the Foreign Assistance Act of 1961, as amended.
Is there a CFDA number associated with this opportunity?
Yes. The assistance is associated with CFDA number 19.900.
What is the main purpose of the grant?
The purpose is to strengthen Tajikistan's financial sector by providing targeted support to the National Bank of Tajikistan (NBT) and private-sector financial institutions, with an emphasis on improving financial integrity, resilience, stability, and inclusion.
Which institutions are expected to benefit from the project?
The program is designed to support both the National Bank of Tajikistan (NBT) and private-sector financial institutions.
What key issues does the project aim to address?
The project focuses on strengthening the integrity and resilience of Tajikistan's financial system by enhancing regulatory and supervisory capacity, especially in areas connected to financial crime risk, and by improving monetary policy and risk analysis capacity to support financial stability and inclusion.
How does the opportunity address anti-money laundering (AML) concerns?
A central element is building stronger regulatory oversight to counter money laundering. This typically includes improving frameworks, procedures, and practical supervisory tools to help identify suspicious activity, reduce illicit finance risks, and align local practices more closely with international expectations.
What does the opportunity mean by strengthening regulatory and supervisory capacity?
Based on the description, it points to improving the regulator's ability to oversee the financial sector through stronger frameworks and procedures, and by applying practical supervisory tools that can better detect and respond to financial crime risks.
How does the opportunity approach financial stability and inclusion?
The opportunity emphasizes technical strengthening of monetary policy and risk analysis, aiming to improve systemic risk assessment, the quality of financial and macroeconomic analysis, and decision-making that supports stable monetary conditions and broader access to financial services.
What kinds of technical areas are emphasized for improving monetary policy capacity?
The description highlights strengthening monetary policy and risk analysis, improving financial and macroeconomic analysis, and strengthening decision-making processes that support stable monetary conditions.
What outcomes is the project intended to support for Tajikistan's financial system?
The project is intended to help Tajikistan's financial system respond more effectively to shocks, reduce vulnerabilities, and create conditions that can support broader access to financial services, while also improving the trustworthiness of the system through stronger integrity safeguards.
What is the total funding available?
The total proposed funding amount is up to $962,812, and the award ceiling is $962,812.
How many awards are expected to be made?
The opportunity indicates an expectation of one award.
What is the planned period of performance?
The planned period of performance is 24 months.
When was the opportunity posted?
The opportunity was posted on June 17, 2022.
What was the original closing date for applications?
The original closing date was August 1, 2022.
Who is eligible to apply?
Eligibility is listed as "Others," with additional eligibility details referenced in the full announcement. This typically indicates the competition may be open to a range of qualified organizations (such as nonprofits or implementers) capable of delivering technical assistance and capacity-building in the financial sector.
Does this opportunity focus only on government institutions?
No. The stated scope includes targeted support to the National Bank of Tajikistan (NBT) and private-sector financial institutions.
Is this opportunity mainly about training activities?
The 24-month period of performance is described as a medium-term implementation window intended to deliver measurable institutional strengthening rather than short, one-off trainings.
What broad themes define this opportunity?
The opportunity is framed around (1) financial integrity, including anti-money laundering supervision and reducing illicit finance risks; (2) financial stability, including stronger monetary policy capacity; and (3) financial inclusion, supported by better analysis and more resilient financial sector decision-making.
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