Tajikistan: external debt-GDP ratio up

Tajikistan’s external debt-to-GDP ratio has reached 35.9%, Tajik Finance Minister Abdusalom Qurboniyon announced at a news conference in Dushanbe. “As of June 30, Tajikistan’s external debt amounted to $2.27 billion, or 35.9% of the country’s gross domestic product (GDP)”, the minister said. Qurboniyon attributed increase in the external debt to implementation of a number of…

Tajikistan seeking investors to resume operations at the loss-making fertilizer plant

Tajikistan is seeking investors for resumption of operations at the debt-ridden and loss-making fertilizer plant, which is located in the southern province of Khatlon. Tajik Minister of Industry and New Technologies Shavkat Bobozoda noted that some Chinese and European companies had shown interest in TojikAzot, the fertilizer factory located in the Tajik southern city of…

Tajikistan: gold output up in H1 2016

Over the first six months of this year, gold mining companies operating in Tajikistan have produced 2,096 kilograms of gold, up by 2% YoY, Tajik Minister of Industry and New Technologies Shavkat Bobozoda said. According to him, most gold has been produced by Tajik-Chinese joint venture – Zeravshan Gold Company (ZGC). “ZGC has reportedly produced…