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Tajikistan

Tajikistan is the EFSD founding state:

  • Tajikistan’s contribution to the EFSD is US$1 million;
  • Tajikistan’s access limit in the EFSD is US$170.26 million (2% of total assets of the Fund).

The authorized representative of Tajikistan in the Council of the Fund is the Minister of Finance of the Republic of Tajikistan — Abdusalom K. Kurbonov.

The member of the EFSD Council of Experts from Tajikistan is  Director of the Main Directorate for Government budget, Ministry of Finance of Tajikistan - Nazullo Abibullaev.

In 2010 the sovereign financial credit in the amount of US$70 million was disbursed to the Republic of Tajikistan to support the budget. The Manager`s Implementation Completion Report on the Financial Credit to Tajikistan was approved at the Fund Council`s meeting on 7 December 2012. The report can be found here.

The EDB carries out analytical work on the social and economic development of Tajikistan Republic.

Key Development Indicators of Tajikistan

Indicator 2011 2012 2013 2014 Source
Real GDP Growth (%) 7,4 7,5 7,4 6,7 Stat. agency
Nominal GDP (US$ million, in current prices) 6523,0 7592,0 8506,0 9210,0 Stat. agency
GDP per capita (US$, in current prices) 835,0 948,0 1042,4 1115,3 WB
Poverty rate (%, national estimate) 41,0 38,3 35,6 32,0 WB/Government
Inflation (CPI, average) 12,4 5,8 5,0 6,1 Stat. agency
Nominal interest rate on 3-month credits to the economy in national currency (end of period %) 29,2 18,5 18,9 19,8 NB
Balance of consolidated state budget (% GDP) -2,0 0,1 -1,3 -0,6 MF
Trade Balance (% GDP) -49,3 -46,2 -48,0 N/A NB
Current Account Balance (% GDP) -4,7 -1,3 -0,7 N/A NB
Gross International Reserves (months of imports, end of period) 1,6 1,7 1,4 N/A NB
External Public Debt/GDP (%) 32,1 28,3 25,7 22,5 MF
Gross External Debt/GDP (%) 48,6 46,4 43,3 N/A NB
Public External Debt Service/ Exports of Goods and non-factor Services (%) 5,4 8,0 10,3 10,3 MF
Human Development Index (rank out of 187 countries) 127 125 133 N/A UNDP
Global Competitveness Index (rank out of the amount of observed countries) 105 100 not rated 91 WEF
Exchange rate of the National Currency against U.S. dollar (period average, somoni/dollar) 4,61 4,76 4,76 4,93 NB
Exchange rate of the National Currency against Euro (period average, somoni/euro) 6,43 6,13 6,25 6,56 NB
Exchange rate of the National Currency against Russian Rouble (period average, somoni/rouble) 0,15 0,16 0,14 0,09 NB
Remittances (% GDP) 41,0 44,2 48,8 42,7 NB, CB

Contacts

Ministry of Finance of the Republic of Tajikistan
National Bank of the Republic of Tajikistan

Representative Office of the EDB
in Dushanbe:
24 “A” Aini Street
Business Centre C.A.C., 4th Floor

Dushanbe, 734012
Republic of Tajikistan

Tel.: +992 (44) 6 40 04 45
Fax: + 992 (44) 6 40 04 46




Member States

  • The Republic of Armenia

    Republic
    of Armenia

  • The Republic of Belarus

    Republic
    of Belarus

  • The Republic of Kazakhstan

    Republic
    of Kazakhstan

  • Kyrgyz Republic

    Kyrgyz
    Republic

  • Russian Federation

    Russian
    Federation

  • The Republic of Tajikistan

    Republic
    of Tajikistan