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Tajikistan

20.01.2017

The Asian Development Bank has updated the program for providing financial assistance to Tajikistan in the period 2017-2019. According to the bank's press release, the funds allocated to the country will be spent on solving major issues. These include improvement of the infrastructure (especially the condition of roads), establishment of a favorable investment climate in the republic, as well as maintaining food security. In addition, attention will also be paid to development of the energy sector.

 

20.01.2017

In 2016, Tajikistan's state budget received TJS407 million (about $52 million at the official rate) less revenue than in 2015. Deputy head of the Customs Service under the Government of the Republic Hurshed Karimzod reported this information during the recent press conference in Dushanbe. According to him, these losses amounted to 9.6 percent and were associated with the shortfall of customs payments planned for 2016.

 

In total, TJS3.8 billion were collected in the budget, although the target figure was $4.2 billion (about $537.7 dollars).

 

19.01.2017

At present, Tajikistan continues the study of the matter of entering the Eurasian Economic Union (EEU). This comprehensive discussion analyzes the pros and cons of the republic's possible accession, including the examples of other countries joining the association. First deputy head of the Customs Service of the Republic Hurshed Karimzoda made this statement during the recent Dushanbe-based press conference.

 

18.01.2017

In 2016, the largest in Tajikistan personal pension in the amount of TJS15,000 was paid to nine pensioners; two of them passed away as of early 2017. First deputy director of the Agency of Pensions and Social Security under the Government of the Republic Nazokat Odinazoda reported this information on January 16. She also added, “The size of the minimum pension currently stands at TJS156; the maximum pension is equal to TJS748. The size of a citizen's pension depends on factors such as length of service and the total amount credited.”

 

18.01.2017

This year, another increase in the tariffs for water supply is expected in Tajikistan. Director General of the State Unitary Enterprise “Housing and Communal Services” Alimurod Islomzoda made this statement during the recent Dushanbe-based press conference. He added that the increase will amount to about 10 percent. Worth recalling, in 2016, the water tariffs in the country were increased by 10 percent twice: it occurred on March 1 for the population, commercial and business enterprises, and on July 1 for budgetary organizations.

 

18.01.2017

In the United States, there has been prepared a grant program for students from Tajikistan, as reported by the US embassy in Dushanbe. There has begun the acceptance of applications for grants under the 2017 Democracy Support Program for graduates of the US programs. “The purpose of this program is to award grants to graduates of the US programs or organizations in which they are members for implementation of activities aimed at development of economic reforms and democracy in Tajikistan,” the press release reads.

 

16.01.2017

Tajikistan has fully canceled the previously established limits on energy consumption, as reported by the press service of the President Emomali Rahmon. “In order to improve the standard of living of the population, to ensure efficient operation of enterprises of industrial and other social and economic spheres of Tajikistan, the energy limit shall be completely abolished starting from January 14, 2017.

09.01.2017

In recent years, Tajikistan's coal industry has been going through a period of development. It began after a long period of stagnation that lasted virtually since independence. The impetus for these changes was the reduction if the supply of natural gas from neighboring Uzbekistan in 2012. As a result, the Tajik industry had to quickly switch to other sources of energy. In 2016, the coal enterprises of Tajikistan produced about 1.1 million tons of coal, which is currently used as fuel by more than 200 enterprises of the republic.

 

06.01.2017

The Tajik authorities intend to completely remove the existing limitations on the consumption of electricity. Thus, on January 4, the daily supply of electricity was increased by five hours: that is, from 5 am to 22 pm. According to the National Energy Holding
“Barki Tojik,” plans are afoot to completely abolish all the energy limits in the future.

 

05.01.2017

“The fragile stability” – this is how the situation in the economy of Tajikistan is characterized by most experts, based on the republic's economic performance in the year 2016. In their view, its fragility has been proved by two events: the fast devaluation of the national currency (TJS) in early 2016, and the crisis of several banks that were critical for the banking system of the republic. However, according economist Konstantin Bondarenko, the republic managed to stabilize the situation, not without great effort.