Tajikistan to increase gold-and-currency reserves

Tajikistan intends to increase its gold-and-currency reserves, according to the National Bank of Tajikistan (NBT). The country’s gold-and-currency reserves rose by 37% YoY by December 31, 2016, reaching $681.98 million, which was an equivalent of about 2.7 months of imports. Last year, Tajikistan’s average monthly imports amounted to $252 million. As of January 1, 2016…

Tajikistan: Dushanbe and Baku to resume mutual flights

Dushanbe and Baku intend to restore direct air communication. This issue was reportedly discussed at a meeting of Tajik Minister of Economic Development and Trade Nematullo Hikmatullozoda with Azerbaijan’s Ambassador to Tajikistan Abbasali Hasanov. According to the press center of the Ministry of Economic Development and Trade, the parties also discussed preparations for the next…

Tajikistan: government initiates formation of reserve fund for unforeseen expenses

The government of Tajikistan has initiated the formation of the reserve fund in the national budget for extraordinary expenses. The so-called “safety cushion” will be created from the resources of state-owned enterprises (SOE) with an allowance for potential risk from them. The strategy of managing fiscal risks from state-owned enterprises designed for the period until…



Tajikistan: Kazakhstan invites investors to participate in privatization of state assets

Kazakh Ambassador to Tajikistan Nurlan Seitimov has invited Tajik investors to participate in privatization of Kazakhstan’s state assets. A source at the Kazakh Embassy in Dushanbe says this issue has been discussed at a meeting of Seitimov with Fayziddin Qahhorzoda, the head of the State Committee on Investment and State-owned Property Management of Tajikistan (GosKomInvest).…

Tajikistan: companies take part in Textillegprom fair in Moscow

A delegation of Tajikistan textile and clothing companies took part in a three-day leading international textiles and apparel trade fair Textillegprom. For the seventh time the International Trade Center (ITC) organized participation of Tajik companies at this largest specialized industry event in the Russian Federation. According to ITC Tajikistan, this year the following companies from…

Tajikistan: wheat imports up in 2016

In 2016 the imports of wheat to Tajikistan totaled over 1.34 million tons, up by 16.9% YoY. Kazakhstan was the main country-supplier of wheat, the Head of the Antimonopoly service at the Government of Tajikistan Sajdi Kodirzoda said. Also, in the reporting period Tajikistan imported nearly 88.8 thousand tons of flour (the average price totaled…

Tajikistan: ADB assistance to be around $107 million in 2017

The Asian Development Bank (ADB) has released its updated 2017 to 2019 country program for Tajikistan. In accordance with this program, ADB will support energy and road development, improving food security, strengthening investment climate, inclusive health, and sustainable urban infrastructure in the country, according to the message posted on the bank’s website. The indicative financial…