Deputies of Tajikistan’s lower house (Majlisi Namoyandagon) of parliament have unanimously voted for ratification of a financial agreement for rehabilitation of the Dushanbe-Qurghon Teppa highway that was signed between the government of Tajikistan and the Asian Development Bank (ADB) in November last year. A regular sitting of the Majlisi Namoyandagon, presided over by its head,…
Over the first four months of this year, Tajikistan’s inflation rate has stood at 4.4 , which was 0.7% higher than in the same period last year, according to the National Bank of Tajikistan (NBT). Last month, Tajikistan’s inflation rate reportedly stood at 1.2%, which was 0.3% lower than in the same period last year.…
Tajik President Emomali Rahmon met the visiting Head of Russia’s Republic of Daghestan Ramazan Abdulatipov. Rahmon highly appraised the role of Ramazan Abdulatipov, who served as Russian Ambassador to Tajikistan from May 23, 2005 to March 6, 2009, in expansion of bilateral cooperation between Tajikistan and the Russian Federation. According to the Tajik president’s official…
President Emomali Rahmon visited the site for construction of the Roghun hydroelectric power plant (HPP) in order to get acquainted with the pace of construction works, according to the Tajik president’s official website. About 75% of work on filling the stone-and-gravel mixture has been completed and the process of installation of two units is underway,…
Since the start of the month, Agroinvestbonk, Tajikistan’s largest lender, began telling its clients that as of May 4 they would only be able to withdraw 500 somoni ($58) daily on their cards. Since February, the bank had been allowing account-holders to withdraw double that amount. Things have not quite yet got as bad as…
Tajikistan’s oil product imports are continuing to decrease while the country’s liquefied gas imports are continuing to increase. Over the first quarter of this year, Tajikistan’s oil product imports have fallen by 12% while its liquefied gas imports have risen by nearly 3% YoY. According to the statistical data from the Customs Service, Tajikistan has…
Germany’s Kreditanstalt fur Wiederaufbau (KfW) will provide 7 million euros for the rural housing finance in Tajikistan. An agreement on this subject has been signed by Ms. Kristin Laabs, Country Director, KfW Development Bank Tajikistan, and Mr. Nematullo Hikmatullozoda, Minister of Economic Development and Trade of Tajikistan. The German and the Tajik governments reportedly agreed…