Tajikistan

EDB investment portfolio

01/11/2020

6 projects

$51.4 million

0.6% of the total

EFSD investment portfolio

01/08/2020

4 projects

$132 million

2% of the total


Tajikistan became a full member of Eurasian Development Bank in June 2009. Its contribution to the Bank’s capital is US $500,000.

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Publications

Eurasian Economic Integration – 2019
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Macroeconomic Forecasts for 2021
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30 November 2020
What is a “safe” and optimal debt level? How does rising debt affect economic growth? The COVID-19 pandemic has forced countries around the world to reconsider these issues facing the reality wherein the budgetary stimulus accompanied by government debt accumulation became principal instruments used to curtail shocks. The current EFSD Working Paper “Optimal Debt and the Quality of Institutions” indicates that, in countries with strong institutions, the debt threshold is above 55% of GDP, while economies with weaker political institutions feature a 37-38% debt-to-GDP threshold. Hence, the quality of institutions is one of the key factors for economic and debt sustainability and an efficient debt policy
26 November 2020
The Eurasian Development Bank forecasts an increase in the aggregate GDP of its member countries by 3.2% in 2021, after a 3.8% decline in 2020. The easing of restrictions globally and in the region’s countries as the fight against the pandemic progresses will be a key factor in reviving economic activity. Due to weak investment demand and partial preservation of social distancing, the full recovery of the region’s GDP to pre-crisis levels will take time. Kazakhstan is expected to achieve it in the second half of 2021; Russia, the Kyrgyz Republic, and Armenia in the first half of 2022; and Belarus in 2023. Because of persistently high risks, the EDB’s projections remain shifted toward lower estimates
23 November 2020
The Eurasian Development Bank’s analysts assessed the economic effects of Tajikistan’s possible accession to the EAEU. The main advantages of the country’s possible joining the EAEU are expected to materialise in three areas: realisation of the advantages of the common labour market; the EAEU; and development of the country’s trade and investment potential. The authors estimate that the annual growth rate of the nation’s economy may increase by up to 3 percentage points
19 November 2020
The Eurasian Development Bank (EDB) borrowed CNY 1.5 billion (around US $230 million) from the Export-Import Bank of China (Exim Bank of China) to finance transboundary transactions between China and the Bank’s member countries – Armenia, Belarus, Kazakhstan, the Kyrgyz Republic, Russia, and Tajikistan. The respective agreement was signed on 16 November 2020. The loan facility has been extended for five years
02 November 2020
The Eurasian Development Bank (EDB), acting as the Resources Manager of the Eurasian Fund for Stabilization and Development (EFSD), transferred a US $50 million EFSD financial credit to Tajikistan
12 October 2020
The Eurasian Intergovernmental Council’s (EIC) meeting in Yerevan discussed the Travelling without COVID-19 project developed and presented by the Eurasian Development Bank’s (EDB) Digital Initiative Fund to foster economic activity and free movement
24 September 2020
The Ministry of Finance of Tajikistan and the Eurasian Development Bank (EDB), as the Resources Manager of the Eurasian Fund for Stabilization and Development (EFSD), signed an agreement to extend a financial credit to Tajikistan from the EFSD to support the country’s budget amid the COVID-19 pandemic. The document was executed by Faiziddin Qahhorzoda, Minister of Finance of Tajikistan, and Andrey Shirokov, Acting Executive Director of the EFSD Project Unit
24 September 2020
Representatives of the Eurasian Development Bank (EDB) and the Eurasian Fund for Stabilization and Development (EFSD) visited the Kulob Free Economic Zone (FEZ) in Tajikistan. Pasha Sadykhov, EDB Director for Tajikistan, and Masrur Nazriyev, EFSD Project Representative, met with Mustafo Abdullozoda, Head of the Kulob FEZ Administration, to discuss investment projects to construct new industrial enterprises in the Kulob FEZ using the existing tax and customs preferences
27 August 2020
The EFSD has presented the results of its efforts to stress test debt sustainability and financial needs of the Kyrgyz Republic and Tajikistan
25 August 2020
The coronavirus pandemic may speed up centrifugal forces and weaken globalisation further, which will become one of its most significant consequences. This finding is presented in Eurasian Economic Integration 2020, a report disseminated by the Eurasian Development Bank’s (EDB) Centre for Integration Studies

Dushanbe Representative Office

Address:
48, Aini Street, Sozidanie Business Center, Dushanbe 734024, Republic of Tajikistan

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