Tajik external debt decreases to $2.12bn in October

By bne IntelliNews November 18, 2014

Tajikistan's external debt decreased to $2.12bn at the beginning of October from $2.18bn, or 25.7% of GDP, at the end of 2013, local news website Asia-Plus reported on November 17 quoting figures from the national agency on statistics.

Repayments on loans provided by the Asian Development Bank and the European Union contributed to reducing the country's overall debt burden in the first half of 2014, the World Bank highlighted in its latest country report published in October.

The Chinese Export-Import Bank remained Tajikistan’s largest creditor; as of July 1, its loans represented about 41.3% of total external public debt, the World Bank added. The other large lenders are the World Bank itself with a 16.4% share and the ADB with a 14.3% share.

Related Articles

Tajik government-affiliated clerics discourage Rogun dam construction workers from Ramadan fasting

Muslim clerics in Tajikistan have advised Tajiks working on the construction of the Rogun hydropower project to skip Ramadan, echoing earlier comments by the country’s President Emomali Rahmon, AFP ... more

Russia offers Tajikistan observer status within EEU trade bloc

Russia has offered Tajikistan observer status in the Eurasian Economic Union (EEU), Avesta news agency reported on April 20, citing remarks made by Russia’s First Deputy Prime ... more

ADB sees general Central Asia slowdown in 2018

The Asian Development Bank’s (ADB’s) Asian Development Outlook anticipates a general slowdown across the Central Asian region, with the exceptions of Uzbekistan, where the development bank ... more