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Tajkistan, Economy

15:31, september 30, 2019

Tajik power utility company’s revenues up nearly a quarter due to electricity exports

Over the first eight months of this year, Tajikistan has earned more than 76.5 million somoni from supplying electricity to neighboring countries, which is 22.

14:59, september 30, 2019

Somoni shortage felt in Tajikistan: government’s targeted policy?

A shortage of the national currency, the somoni, is being felt in Tajikistan’s banking system for almost a month. Because of this, people cannot receive remittances in time.

10:10, september 30, 2019

IMF interested in financial aspect of construction of the Roghun hydropower plant

On Wednesday September 25, Mr. Usmonali Usmonzoda, the Minister of Energy and Water Resources of Tajikistan met here with Ms.

16:48, september 27, 2019

Tajikistan’s first-ever auction on granting right to use land held in Khatlon

Tajikistan’s first-ever auction on granting right to use land (lease) was held in the Sitorai Surkh jamoat, Khatlon’s Yovon district on September 26.

10:34, september 27, 2019

EFSD explores the possibility of participating in rehabilitation of Baipaza HPP in Tajikistan

The Eurasian Fund for Stabilization and Development (EFSD) is exploring the issue of participation in financing rehabilitation of the Baipaza hydroelectric power plant (HPP) in Tajikistan.

14:47, september 26, 2019

IFC provides loan to Tajik micro credit deposit organization to help homeowners and micro enterprises I

The International Finance Corporation (IFC) is providing a $2.

14:10, september 26, 2019

Tajikistan’s external trade turnover estimated at about 2.9 billion dollars in Jan-Aug 2019

Over the first eight months of this year, the external trade turnover of Tajikistan has amounted to about 2.9 billion U.S. dollars, which was 100.2 percent of the January-August 2018 level or 5.

12:23, september 25, 2019

ADB updates economic growth forecast for Tajikistan for 2020

The Asian Development Bank (ADB) has remained economic growth rate for Tajikistan for this year unchanged and updated it for 2020.

09:46, september 25, 2019

Pakistani ‘turn’ appears in CASA 1000 Project

Pakistan offers reverse flow of electricity to Tajikistan in winter period through the same infrastructure of the CASA 1000 Project.

16:12, september 24, 2019

Creation of Central Asian power ring. To what extent it is possible to create it?

Nine countries in Central and West Asia have signed a historic declaration that will accelerate cross-border cooperation on energy issues and move the region a step closer to the creation of a

11:25, september 24, 2019

CAREC energy ministers sign a historic declaration in Tashkent

Nine countries in Central and West Asia have signed a historic declaration that will accelerate cross-border cooperation on energy issues and move the region a step closer to the creation of a

10:23, september 24, 2019

LLC MDO Dushanbe City, Russia’s Sberbank launch new service – instant money transfer

Limited Liability Company (LLC) Micro Credit Deposit Organization (MDO) Dushanbe City and Russia’s Sberbank are launching a news service – instant money transfer from Sberbank Online

10:32, september 23, 2019

Tajikistan’s Kommertzbank connected to instant money transfer service through Sberbank Online app

The Kommertzbank of Tajikistan has been connected to the instant money transfer service through the Sberbank Online application.

08:57, september 23, 2019

Tajik migrants working in Russia reportedly remit 1.111 billion USD to Tajik banks in H1 2019

1.111 billion U.S. dollars have been sent through money transfer system from Russia to Tajikistan over the first six months of this year, which was 48 million U.S.

17:00, september 20, 2019

Tajikistan reaches more than 16 percent of 2019 cotton target

Cotton-harvesting campaign is progressing in Tajikistan and cotton growers have reached more than 16 percent of this year’s cotton target by September.

16:30, september 20, 2019

AliExpress invited to open its representative office in Tajikistan

Competition, price reduction, development of online shopping and more choices – what happens if AliExpress opens its representative office in Tajikistan?

15:13, september 19, 2019

Tajikistan imports bull-calves from Kazakhstan and frozen meat from Belarus to curb meat price hike

Tajikistan’s Agency for State Reserves (Agency) has begun importing bull-calves from Kazakhstan and frozen meat from Belarus for the purpose of curbing meat price hike in the country.

14:19, september 19, 2019

OFID supports improvement of management of water resources in Khatlon

The OPEC Fund for International Development (OFID) provides loan to Tajikistan for improvement of water resources management in its southern Khatlon province. A loan agreement for 10 million U.S.

16:24, september 18, 2019

Flour prices continue rising in Tajikistan

Flour prices are continuing to rise in Tajikistan. Meanwhile, weight of non (flatbread costing 1.50 somoni) has decreased.

15:34, september 18, 2019

First steps of Tajikistan’s digital economy

Transition of Tajikistan’s economy to the digital system is inevitable. It is the calling of our time.

09:04, september 18, 2019

Tajik central bank grants license to the first full-fledged Islamic bank in Tajikistan

Head of the National Bank of Tajikistan (NBT), Jamshed Nourmahmadzoda, says granting license to the first Islamic bank has become a new page in banking history of Tajikistan.

08:47, september 18, 2019

Faroz publishes list of its facilities subject to sale

Closed Joint-Stock Company (Faroz) has posted a list of its facilities subject to sale on its official website.

15:19, september 17, 2019

ITC exhibits Tajikistan cotton products to the world in Moscow

Five textile and clothing companies represent Tajikistan at “Textillegprom”, the biggest specialized industry event in the Commonwealth of Independent States, which started in Moscow on

11:21, september 17, 2019

Faroz holding company puts its property on auction

Closed Joint-Stock Company (CJSC) Faroz reports the sale of property, the dismissal of workers, and the fulfillment of obligations.

17:00, september 13, 2019

Who are the main fuel suppliers in Tajikistan?

According to official statistical data, Tajikistan imports up to 40,000 tons of petroleum products per month.

14:58, september 13, 2019

Faroz Company reportedly decides to go into voluntary liquidation

Closed Joint-Stock Company (CJSC) Faroz has reportedly decided to go into voluntary liquidation. The company intends to announce its voluntary liquidation next week.

08:52, september 12, 2019

Tajik-British Chamber of Commerce established

Tajikistan and the United Kingdom have established a chamber of commerce. The Tajik-British Chamber of Commerce was established on September 9, 2019.

15:56, september 11, 2019

Government sends agreement on construction of new Tajik-Afghan bridge for ratification to parliament

The Government of Tajikistan has sent an agreement concluded with the Aga Khan Development Network (AKDN) on construction of a new Tajik-Afghan bridge across the Panj River for ratification to the

15:30, september 11, 2019

Tajikistan revokes a contract with Henan Zhongya holding group accusing it of failing to fulfill the contract.

Tajikistan has formally revoked a contract with China’s Henan Zhongya Holding Group, accusing it of failing to fulfill its obligations on rehabilitation of Tajikistan’s fertilizer plant.

11:51, september 11, 2019

Faroz Company expected to build international car terminals in northern Tajikistan

Land plots of three farming units totaling nearly 14 hectares will be given to Faroz Company for construction of those terminals.