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DUSHANBE (TCA) — With a huge external debt and China being the country’s largest foreign creditor, Tajikistan struggles to make ends meet when planning, and most importantly, fulfilling its state budget, while the over-reliance on external funds and grants, rather than improvement of the domestic economy, may lead to grave economic consequences. We are republishing this article on the issue, originally published by EurasiaNet.org: Continue reading
BISHKEK (TCA) — At its meeting on February 10, the parliamentary faction of pro-presidential Social Democratic Party of Kyrgyzstan (SDPK) said the work of the Ministry of Economy is unsatisfactory. Continue reading
DUSHANBE (TCA) — In 2016 Tajikistan’s foreign debt reached US $2.3 billion or 32.7 percent of the country’s GDP, Avesta news agency reported with reference to First Deputy Finance Minister of Tajikistan, Jamshed Karimzoda. Continue reading
BISHKEK (TCA) — Kyrgyzstan’s development results for 2016 are encouraging because the country has not faced major upheavals. According to Kyrgyz President Almazbek Atambayev, Kyrgyzstan has shown the best results in terms of economic growth among the CIS countries according to international statistical standards. Continue reading
DUSHANBE (TCA) — In the next three years Tajikistan plans to attract foreign loans and grants worth more than $967 million, Finance Minister Abdusalom Kurboniyon said in parliament on November 16 during the consideration of the country’s program of foreign borrowings for 2017-2019, Avesta news agency reported. Continue reading
BISHKEK (TCA) — As of 31 May 2016 Kyrgyzstan’s state debt amounted to US $3.944 billion, including $3.698 billion of foreign debt and $246 million of internal debt, the country’s Finance Ministry said. Continue reading
