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Tajkistan, Economy

16:37, january 23, 2020

Tajik experts about pros and cons of Tajikistan’s accession to the Eurasian Economic Union

Professor Hojimuhammad Umarov, expert on Tajik economy, considers that accession to the Eurasian Economic Union promises the country more benefits than harm.

17:49, january 22, 2020

World Bank provides $30 million to Tajikistan for development of its rural economy

The World Bank will provide a grant to Tajikistan for development of its rural economy, according to the Ministry of Finance (MoF) Secretariat. A grant agreement for 30 million U.S.

17:13, january 22, 2020

Number of individual entrepreneurs increases while private companies see decline in numbers

Around 26,000 business entities declared insolvency in 2019, according to the Agency for Statistics under the President of Tajikistan.

10:01, january 22, 2020

Foodstuffs reportedly rose in cost 10.9 percent last year

The year-end inflation in the consumer goods sector last year reportedly stood at 8.0 percent. The cost of products of the food industry last year increased by 10.

09:41, january 22, 2020

Tajikistan’s external trade turnover estimated at more than 4.5 billion U.S. dollars in 2019

In 2019, the external trade turnover of Tajikistan amounted to 4.523.7 billion U.S. dollars, which was 107.1 percent of the 2019 level or 294.4 million U.S.

11:43, january 21, 2020

Tajikistan reports new record coal production

Tajik coal-mining enterprises produced more than 2 million tons of coal last year, which is 121,000 tons more than in 2018, according to the Ministry of Industry and New Technologies (MoINT).

09:58, january 20, 2020

Tajikistan produces record amount of cement

Tajikistan produced 4.2 million of cement last year, which was 400,000 tons more than in 2018, according to the Ministry of Industry and New Technologies (MoINT). In 2018, Tajikistan produced 3.

16:48, january 17, 2020

Record amount of gold produced by Tajikistan in 2019

Tajikistan produced a record amount of gold in 2019 – nearly 8.1 tons. According to the Ministry of Industry and New Technologies (MoINT), Tajikistan last year produced gold 26.

14:17, january 17, 2020

New ADB President Masatsugu Asakawa assumes office

Mr. Masatsugu Asakawa assumed office as the 10th President of the Asian Development Bank (ADB) on January 17, succeeding Mr. Takehiko Nakao, who stepped down on January 16.

14:11, january 15, 2020

New hosiery factory introduce into operation in Dushanbe

A new hosiery factory has been introduced into operation in Dushanbe, according to the Tajik president’s official website.

13:51, january 15, 2020

Tajikistan diversifies geography of export of food products

Tajikistan last year diversified geography of export of food products.

10:43, january 14, 2020

Iran awards $5.5 million grant to Tajikistan for completion of the construction of the Istiqlol Tunnel

Under a draft agreement that will be signed by the Ministry of Transport of Tajikistan and the Iran Water & Power Resources Development Company (IWPRC), Iran will award $5.

17:00, january 13, 2020

Government writes off the country’s power utility company’s debt in the amount of 10 million USD

The government has written off the country’s power utility company’s debt in the amount of 10 million U.S. dollars (USD).

15:16, january 9, 2020

Russia halves VAT rate for imported fruits and berries

The Russian government has expanded the list of food products that could be delivered to the country at a preferential tax rate.

11:35, january 9, 2020

Tajikistan, Turkey expected to sign water cooperation agreement

Tajikistan and Turkey are expected to sign a water cooperation agreement in the near future.

16:32, january 6, 2020

How much does this year’s national budget earmark for culture and sports?

This year, the Tajik government is expected to earmark for culture and sports practically as much as it will spend for enhancement of the country’s agrarian, industrial and construction sectors.

15:55, january 6, 2020

Vice-premier Ibrohim inspects the progress of rehabilitation of the Dushanbe-Bokhtar highway

During the inspection of the progress of rehabilitation of the Dushanbe-Bokhtar highway, Deputy Prime Minister, Azim Ibrohim, has criticized the pace of implementation of project aimed at

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.