Traditions of the Kyrgyz people were being formed with the help of economic, trade, domestic and other relations with kindred and other tribes that were closely related to the geography of their ha...

After the coup of 19 March 1953 in the socio-political history of Iran there were fundamental changes: the powers of parliament were limited and the absolute power of Mohammad Reza Shah Pahlavi was...

In the Middle East, Saudi Arabia and the Islamic Republic of Iran are two countries that claim to leadership in the region. With a powerful resources and political potential these countries are the...

Poverty In Tajikistan Reduced By 50% Since 2005

Sunday, July 2, 2017 - 23:14

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.

 

There are also large differences in poverty at the regional level: from 20-22 percent in Sughd and Dushanbe to 39 percent in Gorno-Badakhshan Autonomous Region. Worth recalling, the poverty threshold was determined by the World Bank at 3.1 dollars of daily income per person. Those whose daily expenses are less than this amount are recognized as poor. Those who spend less than $1.1 a day on a daily basis are below the poverty line.

 

According to the Statistics Agency of Tajikistan, the number of poor in the republic is reduced by approximately one percent each year. According to the agency, the level of poverty decreased by 0.7 percent in 2016, and today it stands at 31.3 percent.

 

According to the estimates of the World Bank, money transfers made by labor migrants were the main source of income for many Tajik families until 2015. However, after the outburst of the crisis of the Russian economy, many migrants were left without work and forced to return to their homeland. This resulted in a reduction in the incomes of many Tajik households.

 

Worth recalling, the World Bank recommended that the Government of Tajikistan should carry out a complex of deep structural reforms to improve the state of its economy. According to the experts of the bank, it is necessary to improve and modernize the basic social services, while expanding the transport links with both regional and global markets.



URL of this article:
http://easttime.info/news/tajikistan/poverty-tajikistan-reduced-50-2005