Technical Assistance

The Eurasian Development Bank provides technical assistance to fulfil the Bank’s mission and strategic directions via the preparation and implementation of investment projects, support for regional integration programs, multilateral, country, sectoral and innovative research aimed at promoting economic growth, developing market economies of member countries and expanding trade and economic relations between them.

To this end, the Bank created the Technical Assistance Fund (TAF, Fund), a flexible instrument with the help of which the EDB can promptly respond to the current needs and development challenges faced by member states. The Fund's activities are conducted in compliance with global best practices and international corporate governance standards. The Fund’s reserve comprises of the Bank's own capital and Donor resources.

The EDB formed the TAF Management Committee - a permanent collegial body, which carries out preliminary review and approval of project applications and conditions of resource provision, as well as supervising technical assistance projects and programmes. The Bank’s Management Board takes the final decision on project approval and financing.

Project appraisal and preliminary approval are conducted on a competitive basis. The key evaluation criteria are the compliance of the project goals and objectives with the Bank's mission, the feasibility of expected results, a well-developed budget and implementation schedule, as well as the investment prospects of the projects.

The TAF in brief:

  • Established in 2008
  • Cumulative portfolio as of 01.08.2020: 68 projects totalling US $7.7 million
  • TAF operates within three Programmes:
    • Project Preparatory Technical Assistance Programme;
    • Technical Assistance Subsidy Programme;
    • Technical Assistance Programme for Investment Activity Expansion

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