Tajikistan: NBT predicts further price hike under pressure on the national currency’s exchange rate

The National Bank of Tajikistan (NBT) predicts further food price hike under the pressure on the exchange rate of the national currency, the somoni, against the dollar (USD). Tajik central bank forecasts that prices for imported food products will begin to rise starting from the second quarter (April-June). The NBT specialists say negative inflation expectations…

Tajikistan to reduce wheat imports

According to forecasts of the UN Food and Agriculture Organization (FAO), in the following season (June-July) Tajikistan will import 1 million tons of wheat, which is below the annual average level for the country. In February-March the weather conditions in the agricultural regions of Tajikistan were favorable for development of winter crops. Precipitation was higher…

Tajikistan: AKFED buys Tcell from Telia

The Aga Khan Fund for Economic Development (AKFED) has added another telecoms operator to its portfolio by buying Telia Company’s 60% stake in Tajikistan operator Tcell. AKFED already owned the other 40% and is reportedly paying just $27.7 million for the rest. AKFED owns Afghanistan’s Roshan mobile operator, which in turn also owns Smart Telecom,…

Tajikistan: company purchases 2000 cars from Kazakhstan to renew Dushanbe’s taxi fleet

Tajikistan will purchase 1,500 Peugeot 301s and 500 JAC S3s assembled in Kazakhstan in order to renew Dushanbe’s taxi fleet. Tajikistan’s Holding Asia Group Tajikistan and Kazakhstan’s AllurGroup have signed a memorandum of understanding on cooperation. Holding Asia Group Tajikistan will purchase 1,500 Peugeot 301s and 500 JAC S3s from AllurGroup. AllurGroup is expected to…