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Tajkistan, Economy

15:03, march 13, 2020

Russian ruble continues depreciating in Tajikistan

The Russian ruble (RR) is continuing to depreciate in Tajikistan.

11:12, march 12, 2020

Coronavirus crisis will have significant economic fallout, says IMF senior expert

Ms.

14:58, march 11, 2020

CIS’s largest oil producers preparing for budget shortfalls and possible recession amid oil price crash

A feud between Saudi Arabia and Russia that sent oil prices plunging on March 9 has rewritten economic forecasts across Eurasia, according to Eurasianet .

14:34, march 11, 2020

Tajikistan’s central bank adjusts Russian ruble exchange rate

The Russian ruble (RR) has lost almost 5 percent in its value against the Tajik national currency, the somoni (TJS). An official exchange rate of RR against TJS reportedly dropped from 1:0.

16:57, march 10, 2020

Tajik, Uzbek premiers to meet in Sughd next month to discuss prices for Tajik electricity ad Uzbek gas

Co-chaired by Tajik Prime Minister Qohir Rasoulzoda and his Uzbek counterpart Abdulla Aripov, the next meeting of the Tajikistan-Uzbekistan intergovernmental commission for trade and economic

15:24, march 10, 2020

Russian ruble depreciates in Tajikistan following Black Monday

The Russian ruble slid more than 10 percent against the Tajik national currency, the somoni, following a coronavirus-triggered oil price collapse.

16:58, march 6, 2020

Tajikistan looks for alternative to China’s investment in its economy

The government has ordered relevant bodies to take adequate measures to increase foreign direct investment in the country’s economy.

15:36, march 6, 2020

Tajikistan’s millers able to fully meet domestic annual requirements in wheat flour, says industry ministry

Tajikistan’s flour mills are able to produce wheat flout twice as much as country’s annual requirements in flour.

11:56, march 6, 2020

Tajik vice-premier, French official discuss trade and cooperation issues

Tajik Deputy Prime Minister has received Mr. Pascal Lorot, Adviser to the President of France for Economic Issues in Central Asia, according to the Prime Minister Secretariat.

10:44, march 6, 2020

COVID-19 outbreak to have significant economic impact on developing Asia

A new analysis by the Asian Development Bank (ADB), The Economic Impact of the COVID-19 Outbreak on Developing Asia , notes that the ongoing novel coronavirus (COVID-19) outbreak will have a

16:58, march 5, 2020

ADB mission reviews its projects in Tajikistan

Representatives of Asian Development Bank (ADB) have arrived in Tajikistan to review investment projects, which are implemented here jointly with the Government of Tajikistan, according to the State

15:27, march 5, 2020

Tajik authorities deny rumors about reduction in food supplies as absolutely ‘baseless’

In a statement released on March 5, the Ministry of Economic Development and Trade of Tajikistan notes that rumors about reduction in procurement of food products, especially wheat flour, are

16:49, march 4, 2020

French commercial banks can open their representative offices in Tajikistan

On Tuesday March 3, Jamshed Nurmahmadzoda, the First Deputy Head of the National Bank of Tajikistan, met here with Mr.

15:41, march 4, 2020

Tajik authorities decide to shave off debts of large state-run enterprises

Tajik authorities have decided to shave off debts of large state-run enterprises, including Tajik Aluminum Company (TALCO), Barqi Tojik (Tajikistan’s national integrated power company), Tajik

10:24, march 4, 2020

Tajik authorities seek additional sources of tax revenue

Tajik authorities are seeking additional funds to replenish the revenue part of the national budget.

11:06, march 3, 2020

Finance ministry expected to launch project on concessional financing of female-founded startups

The Ministry of Finance is expected to launch the project on concessional financing of startups founded by women, people with disabilities and young people returning from migration, Siyovoush

10:03, march 3, 2020

New state-run lending agency expected to start operating in Tajikistan in the near future

A new state-run lending agency is expected to begin operating in Tajikistan in the near future. This state commercial bank will be founded by the Government through the Ministry of Finance.

17:00, march 2, 2020

Tajikistan and Turkmenistan still fail to reach agreement on transit of Tajikistan-bound freight through Turkmen territory

Tajikistan and Turkmenistan have still failed to reach an agreement on transit of Tajikistan-bound freight through Turkmen territory.

17:09, february 28, 2020

Tajikistan to build road bypassing Roghun hydropower plant

Tajikistan’s lower house (Majlisi Namoyandagon) has ratified a number of agreements related to construction of a road bypassing the Roghun hydroelectric power plant (HPP).

15:28, february 28, 2020

EBRD approves new strategy for Tajikistan

The European Bank for Reconstruction and Development (EBRD) Board of Directors has approved a new country strategy for Tajikistan.

14:29, february 28, 2020

Tajik entrepreneur builds multi-purpose business

Alijon Davlatmirov, 31, left his native village of Buni in the Shugnan district of the Gorno Badakhshan Autonomous Region (GBAO), moving to Moscow in 2005, and worked there until 2016.

10:12, february 28, 2020

Spitamen Bank lowers interest rates on loans

Closed Joint-Stock Company (CJSC) Spitamen Bank has launched an action “Light Interest Rates.” The action will be valid until April 30, 2020.

14:53, february 27, 2020

IFC provides loan to MDO Humo to help finance micro-housing and small businesses in Tajikistan

The International Finance Corporation (IFC), a member of the World Bank Group, and the microcredit deposit-taking organization (MDO) Humo on February 19 signed a loan agreement for US$2 million

17:10, february 26, 2020

World Bank to provide US$134 million for recovery of Tajikistan’s national power utility

The World Bank’s Board of Executive Directors on February 25 approved U$134 million in grant financing from the International Development Association for the Power Utility Financial Recovery

15:38, february 26, 2020

Tajik authorities recognize non-transparency of the country’s budget

Relevant bodies of Tajikistan are ordered to take measures to ensure transparency of the country’s basic financial document.

14:25, february 26, 2020

Five Tajik spinning companies participate in leading specialized exhibition in Istanbul

For the ninth time, Tajikistan showcases its cotton yarn to a wide range of international buyers at the International Istanbul Yarn Fair, one of the biggest yarn fairs in the world that will be held

09:54, february 26, 2020

Somon Air increases frequency of flights to Delhi

Somon Air launches the second frequency along the Dushanbe-Delhi-Dushanbe route, according to Somon Air press center.

17:03, february 25, 2020

Two health resorts owned by brothers of president’s son-in-law exempted from paying VAT and tax duties

Two health resorts that according to some media reports are owned by brothers of president’s son-in-law Shamsullo Sohibov have been exempted from paying the value added tax VAT and tax duties

16:56, february 24, 2020

Expensive bank loans impede development of Tajikistan’s industry, says say industry minister

The Minister of Industry and New Technologies Zarobiddin Faizullozoda says that bank loans carrying high-interest rates impede development of the country’s economy.

16:54, february 21, 2020

Tajikistan waits for compensation from downstream countries for its water

More than 60 percent of water resources of Central Asia are formed in Tajikistan but they mostly used by downstream countries of the region (Uzbekistan, Turkmenistan and Kazakhstan).