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.

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