The Islamic Corporation for Development of the Private Sector (ICD) intends to establish the investment fund in Tajikistan to support small and medium-sized enterprise (SME) business there, according to the National Bank of Tajikistan (NBT). This issue was reportedly discussed on February 17, at the meeting of the NBT head Jamshed Nourmahmadzoda with the ICD…
Closed Joint-Stock Company Tajprombank (Tajik Joint-Stock Commercial Industrial Bank for Reconstruction and Development), one of Tajikistan’s distressed commercial banks, does not hurry up to pay out savings to its customers. The customers complain that they cannot take their money from the bank, although it received 450 million somoni from the government at the beginning of…
President Emomali Rahmon held a meeting with senior representatives of the Dushanbe administration. The meeting took place at the Kokhi Borbad State Complex and members of the government, parliamentarians, heads of financial institutions as well as representatives of the public and journalists also attended the meeting. The meeting focused on issues related to seeking solution…
Last month Tajikistan’s inflation stood at 0.6%, down by 0.8% YoY, according to the National Bank of Tajikistan. The government reportedly expects the year-end inflation for this year to stand at 7%. The year-end inflation for 2016 stood at 6.1%, down by 0.9% from the forecast. Tajik central bank notes that an average monthly inflation…
Gazprom International, an affiliate of Russia’s state-controlled company Gazprom, has given up the two last licenses for exploration of hydrocarbon fields in Tajikistan. According to information posted on Gazprom International’s website, the company decided to give up licenses for exploration of the Sariqamish and Western Shohambari gas fields in Tajikistan as “no commercial inflow was…
Tajik national air carrier, Tajik Air, is reportedly continuing to work on resuming domestic flights en route Dushanbe – Khorog – Dushanbe. The airline, however, says it needs benefits to operate domestic flights. “We are currently doing everything in our power to resume the flight Dushanbe – Khorog – Dushanbe,” Aziz Khairulloyev, a spokesman for…
Tajikistan’s first privately owned air company, Somon Air, operated a test flight to the Uzbek capital of Tashkent. The airline was operating the test flight to Tashkent with a delegation of the Tajik civil aviation authorities on board. Meanwhile, regular flights are expected every Monday from February 20, onward. Somoni Air has said in an…