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Tajkistan, Economy

16:06, may 26, 2020

Tajik president asked to declare ‘loan recesses in the country

Citizens have applied to President Emomali Rahmon through social networking media asking him to declare “loan recesses” in the country.

10:14, may 26, 2020

Tajikistan’s national budget has received some $60 million less over the first four months of this year

Over the first four months of this year, Tajikistan’s national budget has reportedly received more than 600 million somoni (equivalent to some 60 million U.S. dollars) less than it was planned.

13:45, may 22, 2020

Tajikistan's foreign debt in the first quarter of this year increased by $ 20 million.

The total external debt of Tajikistan on April 1 of this year amounted to about $ 2 billion 909 million, the ministry of finance of the republic reports.

11:27, may 14, 2020

EU, FAO provide 60 tonnes of potato seeds to Tajik farmers

Today, the Food and Agriculture Organization of the United Nations (FAO) concluded the distribution of 60 tonnes of high quality potato seeds to two farmer cooperative unions as part of a European

11:49, may 13, 2020

Tajikistan seeks additional assistance from international donors

We are talking about free support in the amount of $ 133 million and a soft loan of $ 50 million.

12:29, may 5, 2020

World Bank predicts sharpest decline of remittances in Tajikistan

World Bank specialists consider that decline in remittances will undermine prospects of reduction of poverty in the country.

11:16, may 4, 2020

Tajik banks ordered to provide postponement in payment of loans to customers having difficult financial situation

The National Bank of Tajikistan (NBT) has developed the plan of actions to mitigate the effects of COVID-19 outbreak on the national economy as well as the country’s financial and insurance

16:07, may 1, 2020

Alluvial gold production season opens in Tajikistan

Tajik state-run gold mining company “Tilloi Tojik” (Tajik Gold) and privately owned “Zarink” have begun producing alluvial gold, according to the Ministry of Industry and New

10:57, may 1, 2020

WB experts predict Tajikistan’s inflation to stand at 10 percent this year

The World Bank (WB) experts predict Tajikistan’s inflation to stand at 10 percent this year.

17:06, april 30, 2020

WB: Tajikistan’s banking sector is expected to experience a deterioration of the loan portfolio in 2020

The World Bank’s Tajikistan Macro Poverty Outlook – Spring 2020, which was released on April 27, in particular, note that except for two problem banks, the financial sector continued

09:35, april 30, 2020

Tajik central bank reportedly cuts its refinancing rate due to coronavirus concerns

Tajikistan’s central bank notes that the refinancing rate in the country is recorded at 11.75 percent as of April 29, 2020. Before that, the refinancing rate in Tajikistan was recorded 12.

17:02, april 28, 2020

WB report predicts Tajikistan’s fiscal deficit to widen this year

The World Bank’s Macro Poverty Outlook ( MPO ), which was released on April 27, provides information on the most recent economic developments in countries, and their impact on poverty trends

16:31, april 28, 2020

IMF managing director urges policymakers to commit more money to recovery efforts.

As the global economy continues to absorb the shock of the coronavirus pandemic, International Monetary Fund (IMF) Managing Director Kristalina Georgieva on April 27 urged policymakers to commit more

17:11, april 24, 2020

New turbines and generators installed at Sarband hydropower plant in southern Tajikistan

Modernization of Tajikistan’ fourth in power hydroelectric power plant – Sarband HPP – is going on, according to the Asian Development Bank (ADB Tajikistan Resident Mission (TJRM).

10:52, april 24, 2020

SCO development banks to develop common roadmap to get rid of the current crisis

A video conference of the Shanghai Cooperation Organization (SCO) Interbank Consortium (IBC) kicked off on April 23.

17:55, april 23, 2020

35 new mini power plants to be built in GBAO

35 new mini power plants will be built in the Gorno Badakhshan Autonomous Region (GBAO) that will allow 12,000 local residents to get access to electricity for the first time.

11:45, april 23, 2020

Prices for basic food products rise significantly in Tajikistan

Prices for basic food products have risen significantly in Tajikistan, especially for potatoes. Prices for some basic food products have nearly doubled over the past month.

11:09, april 23, 2020

World Bank: flow of remittances to poorer countries in Europe and Central Asia expected to drop 27.5%

The World Bank said on Wednesday that remittances sent home by migrants from low- and middle-income countries are expected to drop around 20 percent this year amid the global economic slowdown caused

16:34, april 22, 2020

Finance ministry expected to issue securities to address the country’s internal debt

The Ministry of Finance is expected to issue securities in a form of bills to address a 300 million somoni public debt.

15:21, april 22, 2020

Share of industry in Tajikistan’s GDP increasing

Over the first three months of this year, Tajikistan has produced about 6.8 billion somoni worth of industrial goods, which was 1.

16:26, april 21, 2020

Russian payment system stops operating in Tajikistan

The Board of the National Bank of Tajikistan (NBT) has revoked the operating license of the Russian payment system Blizko.

14:54, april 21, 2020

Tajikistan’s first Islamic bank complains of unfavorable tax regime

Tax and legislative barriers impede development of Islamic financing, says the press center of the Open Joint-Stock Company (OJSC) Tawhidbonk, the first full-fledged Islamic bank in Tajikistan.

11:52, april 21, 2020

Tajikistan increases cargo shipments

Over the first three months of this year, all types of transportation have shipped 18.5 million tons of cargo, which was 7.

11:30, april 21, 2020

Total wage debts reportedly reach 48.536 million somoni in Tajikistan

A total wage debts rose to 48.536 million somoni (equivalent to some 5 million USD) in a year to February 29, 2020, according to the Agency for Statistics under the President of Tajikistan.

14:32, april 20, 2020

Dushanbe-based flour milling plant expected to reopen after rehabilitation soon

A Dushanbe-based large flour milling plant is expected to reopen after rehabilitation in the near future.

14:01, april 20, 2020

UK-Tajikistan Trade and Investment Forum expected to take place on April 22

On Wednesday April 22, The Developing Markets Associates Limited (DMA), the Tajik-British Chamber of Commerce, British Embassy Dushanbe, in partnership with the Department for International Trade

10:47, april 20, 2020

Prices for products of food industry rise on average 4.1 percent in Q1 2020

In Tajikistan, inflation in the consumer goods sector over the first three months of this year has stood at 2.

15:22, april 17, 2020

Tajikistan earns more than 6.8 million USD from supplying electric power to neighboring in Q1 2020

Over the first three months of this year, Tajikistan has supplied more than US$6.

10:14, april 17, 2020

Donor countries reduce humanitarian aid to Tajikistan nearly five times

Donor countries have reduced humanitarian aid to Tajikistan nearly five times.

17:06, april 16, 2020

Tajikistan’s external trade turnover estimated at 1.036 billion USD in January-March this year

Tajikistan’s external trade turnover has amounted to 1.036 billion U.S. dollars over the first three months of this year, which is 107.5 percent of the January-March 2019 level or 72.