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Over the last 12 years, poverty in Tajikistan has declined by over 50 percent. According to the recent report of the World Bank, in the period 2003-2015, the poverty level fell from 73 to 31 percent in Tajikistan. In general, poverty has declined significantly; however, its level still remains high. According to the World Bank, 13 percent of Tajikistan's population live below the poverty line, and this figure has not changed since 2009. With that, 81 percent of the poor live in rural areas.



The administrative center of Sughd Province of Tajikistan, the city of Khujand, hosted the fourth trade fair “Sughd 2017.” This traditional event is intended to demonstrate the achievements of the region, which has been recognized as the most economically developed province of the country. The event is also a platform for development of international cooperation in the field of investment and business.



The lower house of the Tajik parliament has ratified the agreement on the modernization of the Kairakkum HPP. As reported by the Tajik Telegraph Agency, adding the project for rehabilitation of the Kairakkum HPP will be implemented in two phases. The agreement directly envisages launching the first phase of this project, which has an estimated total cost of $71 million. The funds will be allocated by the EBRD (European Bank for Reconstruction and Development of Technical Assistance).



Tajikistan plans to issue government securities worth a total of $1 billion to be sold in the international financial markets. Such a proposal of the government of the republic was approved by the deputies of the lower house of the national parliament on June 20. According to Deputy Minister of Finance Jamshed Nurmahmadien, this case is about raising financial resources for the strategic project that involves construction of the Rogun HPP.



While delivering a report at the Geneva Conference of European Statisticians, the leading expert of the World Bank, Joao Pedro Avezededo, spoke positively about the work of the Statistics Agency under the President of Tajikistan. As reported by the Agency's press center, the leaders of the statistical services of many countries, including the CIS countries, took part in the conference held in Switzerland on June 19-22. Tajikistan was represented by the head of the Agency for Statistics of the Republic, Gulnor Khasanzoda.



On June 16, an international round table devoted to the problems and prospects for development of the youth movement in the Eurasian space took place at the Institute of Energy of Tajikistan in Dushanbe. The organizer of the event was the “Eurasian Commonwealth,” a Russian fund for social and economic development headquartered in Chelyabinsk.


Tajikistan and Armenia intend to create a working group to study the trade potential of the two countries, which will help expand mutual trade. Minister of Investments and Economic Development of Armenia Suren Karayan announced this news on the sidelines of the meeting of the Armenian-Tajik intergovernmental commission. According to him, it is also planned to create a number of distribution companies that will organize the import and export of products, and establish industrial cooperation in the light industry and the jewelry field.



The capital of Tajikistan has hosted an international high-level symposium on the theme “Strengthening cooperation in achieving sustainable development in the context of current challenges and threats.” At the opening ceremony of this event President Emomali Rahmon said that the strengthening of cooperation in the process of achieving the goals of sustainable development was closely linked with the joint initiatives aimed at ensuring sustainable peace and eliminating the current threats.



On June 11, Tajik President Emomali Rahmon met UN Secretary-General Antonio Guterres in Dushanbe. According to the press service of the head of the Tajik state, the parties called the cooperation with the United Nations “important in terms of strengthening Tajikistan's statehood, implementing economic reforms, and ensuring sustainable development.” They stressed that today Tajikistan has a total of 23 representative offices of various UN programs, offices, and specialized projects.



In accordance with the decree of the President of Tajikistan, Emomali Rahmon, it is planned to divide the Committee for Sports, Youth and Tourism into two separate structures. One of them will be the Committee for Development of Tourism. Its central apparatus will be financed at the expense of funds allocated from the national budget and a number of other sources, in agreement with the Ministry of Finance. Within the next two months, this body will submit a number of proposals on reforms to the normative legal acts of the republic.