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Tajikistan

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.

29.12.2016

Recently, Dushanbe hosted a meeting of Tajik President Emomali Rahmon and Deputy Prime Minister of Uzbekistan Rustam Azimov, who is also co-chairman of the intergovernmental commission on trade and economic cooperation. According to the press service of the Tajik leader, the Uzbek delegation's visit to the capital of the Republic of Uzbekistan is an important step in terms of further development and deepening of the bilateral relations. In particular, the Tajik president appreciated the initiative of the Uzbek side on restoring air links between the two capitals.

 

27.12.2016

This year, the gross domestic product (GDP) of Tajikistan has increased by 6.9 percent, amounting to more than TJS54 billion in value terms ($6.86 billion at the current rate). President Emomali Rakhmon announced this information at a meeting of the Parliament. In general, the head of state called the year 2016 “good and historic” for the Tajik people.

23.12.2016

As of today, Russian investors are facing great difficulties in Tajikistan, as Russian Ambassador to the Republic Igor Lyakin-Frolov reported in his article. He expressed hope that the Tajik side will continue to take the necessary steps towards allowing Russian investors to continue implementation of their projects in the country. Commenting on his article in one of the Tajik media, the ambassador noted that he had a meeting with representatives of a number of large Russian companies that are present in Tajikistan – namely, Beeline, Megaphone and Gazpromneft.

 

23.12.2016

In the first nine months of 2016, the remittances to Tajikistan from Russia amounted to 1 billion 432 million dollars, which is 14.5 percent less than during the same period of 2015. Comparing this result with the 2013 figures, the decline is 47 percent. Before 2014, the remittances sent home by Tajik labor migrants were a very significant part of the national gross domestic product. In 2013, before the West imposed sanctions against Moscow, the volume of remittances exceeded $4 billion, or almost half of the total GDP of the republic.

 

20.12.2016

The “Khoday Group of Industries” (India) is studying the possibility of building three hydropower plants of average capacity in Tajikistan.

19.12.2016

The European Union will allocate €2.5 million to Tajikistan for construction of a wastewater treatment plant in Sughd Province. The project will take three years, and it will be part of the EU program aimed to the environmental recovery in Central Asia. In addition, after the meeting of the intergovernmental Tajik-German Commission on Technical and Financial Cooperation, the German authorities announced their intention to allocate a grant of €33.5 million to Tajikistan for implementation of a number of clauses of the republic's the 2030 National Development Strategy.