Could 2020 see strongman leader of 28 years Emomali Rahmon succeeded by his son? With GDP slowing and a private sector providing few jobs, Central Asia’s poorest nation is going nowhere fast. Moreover, its Rogun dam geared bond looks shaky.
Despite posting solid real GDP growth rates over the past decade, poverty reduction has stagnated in Central Asia’s most vulnerable economies.
Rock bottom global interest rates have been a boon for so-called frontier-market countries, which have been able to borrow cheaply to finance their development needs. But there can be too much of a good thing
The plan is to raise the credit on preferential terms.
Walking down Rudaki Avenue, in the heart of the Tajik capital of Dushanbe the roads have been fixed, but there are few people on the street and even fewer businesses