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.
Tajikistan’s troubled Agroinvestbank announced last week its intention to start selling off assets as its funds are insufficient for returning depositors’ money. The bank aims ... more
Tajikistan plans to borrow $850mn in 2018-2020, Asia-Plus news agency reported on November 15, citing Tajik Finance Minister Abdusalom Korboniyon. The funds will be allocated for “the country's ... more
Deputy head of the Afghan railway administration department, Abdul Bari Seddiqi, has said Uzbekistan is interested in helping Afghanistan build a railway line between the two ... more