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Tajkistan, Economy

10:27, january 6, 2020

Micro-financing organization using the principles of Islamic Finance upgraded into bank

Alif Sarmoya (Alif Capital), which is the first micro-financing organization in Tajikistan using the principles of Islamic Finance, has been upgraded into bank and it is now called Alif Bonk.

09:21, january 6, 2020

ADB provides 120 million USD in grants for implementation of two projects in Tajikistan

The Asian Development Bank (ADB) will provide 120 million U.S. dollars in grants to support implementation of two projects in Tajikistan.

17:17, january 3, 2020

Tajikistan’s natural gold reserves sufficient for only 30 years?

According to the State Committee on Investment and State-owned Property Management (GosKomInvest), Tajikistan annually produces more than 10 tons of gold and the country’s natural gold reserves

11:01, january 3, 2020

Tajik government expects the country’s economic growth rate to stand at 7.9% in 2020-2021

The Government of Tajikistan expects the country’s economic growth rate to stand at 7.9 percent in the coming two years.

11:01, january 2, 2020

Dushanbe, Kabul sign agreement on construction of rail link connecting the two countries way

Tajikistan and Afghanistan have signed a government-to-government agreement on construction of a rail link connecting the two countries.

14:35, december 31, 2019

53 million USD will be spent for improvement of water resources management in Khatlon

The Majlisi Namoyandagon (Tajikistan’s lower house of parliament) has begun discussing the issue related to ratification of a loan agreement on the project for improvement of water resources

11:29, december 31, 2019

The somoni continues depreciating against the dollar

The value of the Tajik national currency, the somoni (TJS), has continued to depreciate against the U.S.

09:55, december 31, 2019

Government establishes lending agency to support industrial production facilities and exporters

The Government of Tajikistan is expected to establish a lending agency to support industrial production facilities and exporters.

15:27, december 30, 2019

Tajik central bank explains why it is necessary to save Tojiksodirotbonk and Agroinvestbonk

The National Bank of Tajikistan has given reasons that made the government save Tojiksodirotbonk (TSB) and Agroinvestbonk from imminent bankruptcy.

14:46, december 30, 2019

Tajik aviation authorities deny rumors about the possible bankruptcy of the national air carrier as baseless

The Tajik civil aviation authorities have denied rumors about the possible bankruptcy of the national air carrier Tajik Air as absolutely unfounded.

15:56, december 26, 2019

Sebzor hydropower plant expected to be introduced into operation in 2022

The Sebzor hydroelectric power plant (HPP) will be introduced into operation in the Roshtqala district of the Gorno Badakhshan Autonomous Region (GBAO) in 2022.

15:01, december 26, 2019

Rahmon points to the necessity of removing bureaucratic obstacles on the way of export of Tajik goods

“We should remove bureaucratic obstacles on the way of export of Tajik goods,” President Emomali Rahmon told a joint meeting of both chambers of parliament on December 26.

10:15, december 26, 2019

Chinese apple orchard expected to be laid out in Khatlon

On Monday December 23, Khatlon governor Qurbonboy Hakimzoda received a delegation of Weinan, a prefecture-level city in China’s Shaanxi province.

09:43, december 26, 2019

Iran offers its seaports for transit of Tajik cargo

Iranian Ambassador to Tajikistan Mohammad Taghi Saberi says Iran is a good transit point for further movement of Tajik goods.

16:12, december 25, 2019

Amendments made to the 2019 national budget reportedly increase budget deficit four times

The Majlisi Namoyandagon (Tajikistan’s lower house of parliament) has endorsed a draft law on amendments proposed by the government to the country’s law on the national budget for 2019.

14:38, december 25, 2019

Faroz company reportedly still very much active in Tajikistan

Three months ago, the Faroz company was one of the most successful business conglomerates in Tajikistan.

09:43, december 25, 2019

Tajikistan has increased production of building materials 2.5 times over the past eight years

Over the past eight years, the number of the building materials manufacturing enterprises has increased in Tajikistan almost 2.

11:31, december 24, 2019

National transfer processing center operates properly says Tajik central bank

The National Bank of Tajikistan (NBT) has called on lending agencies to carry out money transfer transactions timely and without hindrance.

16:47, december 23, 2019

Western Union resumes operations in Tajikistan

The Western Union Company has resumed operations in Tajikistan.

14:29, december 23, 2019

Tajikistan makes amendments to the law on mortgage

Tajikistan’s lower house (Majlisi Namoyandagon) has endorsed amendments proposed to the country’s law on mortgage.

14:55, december 20, 2019

Foodstuffs have reportedly risen in cost 10.1 percent in January-November this year

Over the first eleven months of this year, a total volume of the food industry production in Tajikistan has amounted to around 5.billion somoni, which is 13.

11:39, december 20, 2019

Spitamen Bank, Alfa Bank launch money transfer project

Tajikistan’s Spitamen Bank and Russia’s Alfa have launched a joint project on replenishment of bank cards of the national payment system Korti Milli and bank cards of international

09:50, december 20, 2019

Tajikistan’s national budget receives 165 million USD less than it was originally planned

Over the first eleven months of this year, Tajikistan’s national budget has received 165 million U.S.

17:15, december 19, 2019

Tajik capital to host Iranian exclusive exhibition

Dushanbe will host the Fifth Exclusive Exhibition of Iran in Tajikistan. A four-day event that will take place at the Kokhi Borbad State Complex will kick off on December 21.

15:50, december 19, 2019

Tajik authorities call on people to wait a bit until the transfer processing center gathers momentum

Tajik authorities call on people to wait a bit until the newly established national transfer processing center gathers momentum.

10:16, december 19, 2019

Tajikistan ratifies agreement on providing grant aid for rehabilitation of Qizilqala–Bokhtar section of Dushanbe-Bokhtar highway

Tajikistan’s lower house (Majlisi Namoyandagon) of parliament (Majlisi Oli) has ratified an agreement on providing a grant aid for the project aimed at rehabilitation the Qizilqala-Bokhtar

09:40, december 19, 2019

128 Akia buses assembled in Dushanbe in January-November this year

Over the first eleven months of this year, 128 Akia buses have been assembled in Dushanbe. Each of them costs 132,000 euros.

15:19, december 18, 2019

Russia ratifies agreement with Tajikistan on recruitment of labor migrants for seasonal work in Russia

The State Duma (Russia’s lower house of parliament) has ratified an agreement with Tajikistan on organized recruitment of labor migrants in Tajikistan for seasonal work in Russia.

14:38, december 18, 2019

NBT claims that some money transfer companies integrated into national transfer processing center

Wire companies that transfer billions in remittances to Tajikistan each year have largely been unavailable since December 3, following regulatory action by the National Bank of Tajikistan, according

11:14, december 18, 2019

How much is coal for the people?

The coal prices have risen sharply in Tajikistan and the Ministry of Industry and New Technologies (MoINT) blames speculators and second-hand dealers for this.