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DUSHANBE (TCA) — Tajikistan’s economic growth is forecast to slow further in 2016, reflecting the need for accelerating reforms to develop competitive industries and exports, and to create jobs, says a new Asian Development Bank (ADB) report. Continue reading
BISHKEK (TCA) — Theoretically, Kyrgyzstan may withdraw from the Eurasian Economic Union (EEU) with Armenia, Belarus, Kazakhstan, and Russia as its regulations allow its member countries to do so, but the country would not have any good alternative, Kyrgyz Deputy Prime Minister Oleg Pankratov told a press conference in Bishkek. Continue reading
BISHKEK (TCA) — Kyrgyzstan still holds on to overall economic growth – in contrast to its other major-size partners within the EEU namely Russia, Kazakhstan and Belarus, which have suffered from considerable contractions through the year 2015. In this country, the main question is not just growth, but how to adjust the breakdown of the national economy in such a manner that the staggering 40 per cent of the population consisting of deprived citizens can get the opportunity to improve their lives. Continue reading
DUSHANBE (TCA) — The demand for real estate, especially for housing, and motor vehicles has been declining in Tajikistan, Avesta news agency reported. Continue reading
DUSHANBE (TCA) — The results of the high frequency survey Listening to Tajikistan covering the period of September to November 2015 were published on February 8 on the World Bank Tajikistan website. The survey aimed at measuring the impact of the economic slowdown in 2015 on households in Tajikistan was initiated by the World Bank in May 2015, with the opening of the high season for many workers from Tajikistan working abroad. Continue reading
DUSHANBE (TCA) — An equivalent of up to US $50 million may be lost by Tajik families that receive money remittances from their relatives working in Russia and which are sent in Russian rubles, Avesta news agency reported. Continue reading