The increase in money supply in circulation is one of the factors accelerating inflation processes in Tajikistan, says The Macroeconomic Review prepared by the Chief Economist Group at the Eurasian Development Bank (EDB). Money supply in circulation in Tajikistan has reportedly increased by 62%. This factor has also strengthened pressure on the exchange rate in…
The first consignment of buses assembled in Turkey arrived in Tajikistan. Tajikistan has purchased 40 Isuzu buses assembled in Turkey for Dushanbe and they have moved to Tajikistan through the territories of Iran, Turkmenistan and Uzbekistan. The buses were reportedly moving from Turkey to Tajikistan for 12 days. “The buses will enter into service on…
The National bank of Tajikistan (NBT) is reportedly taking measures to stabilize the country’s currency market. “Since the beginning of the year, the Tajik national currency, the somoni, has lost 7.32% of its value against the dollar at the official exchange rate,” said an official source at Tajik central bank. “Meanwhile, the somoni has lost…
The first consignment of buses assembled in Turkey has arrived in Tajikistan. Tajikistan has purchased 40 Isuzu buses assembled in Turkey for Dushanbe and they have moved to Tajikistan through the territories of Iran, Turkmenistan and Uzbekistan. Tajikistan plans to purchase 24 more Anadolu Isuzu buses from Turkey in tsummer. Dushanbe authorities intend to remove…
Tajikistan and Uzbekistan have reestablished regular connecting flights after a 25-year break, paving the way for improved relations, a spokeswoman at Tajikistan’s international airport said. “An Uzbekistan airways flight (from Tashkent) landed at Dushanbe international airport at 8:03 am (0303 GMT),” she said. According to her, “the plane and the passengers were very well met.”…
A shortage of dollars in circulation in Tajikistan has led to the further devaluation of the national currency, the somoni. The somoni has lost 2.2% of its value against the dollar over the last day alone – from 8.82 somoni per $1 on April 10, to 9.02 somoni per $1 on April 11. Meanwhile, it…
The direct work on implementation of the Dushanbe-Qurghon Teppa road rehabilitation project will start in June. “This 90-kilometer highway is one of the most heavily traveled roads in the country because it has not been rehabilitated for more than 30 years, with the exception of a partial recovery work carried out in the early 2000s,”…