Tajikistan Economic Outlook
February 5, 2019The economy likely slowed in the second half of 2018, following a robust first half. A contraction in exports amid slowing global growth and reduced inflows of remittances from Russia—likely owing to the depreciation of the ruble and tepid economic growth in the country—led the deterioration. Moreover, weaker activity in the agricultural and construction sectors also weighed on growth. On 21 January, Prime Minister Kohir Rasulzoda affirmed that GDP growth edged up to 7.3% in 2018, although an official release from the Central Bank has yet to confirm this. Meanwhile, the European Bank of Reconstruction and Development announced USD 1 million funds for small businesses, which will be targeted to regions with a dearth of banking services.
Tajikistan Economic GrowthGrowth is expected to remain robust in 2019, thanks to strong infrastructure spending. The economy will likely lose some pace from the previous year, however, owing to Russia’s lackluster growth, a challenging business environment, and a fragile banking sector. Met the why particular panelists see the economy growing 5.6% in 2019, which is up 0.1 percentage points from last month’s forecast, and 5.5% in 2020.
Tajikistan Economy Data
5 years of Tajikistan economic forecasts for more than 30 economic indicators.
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|Exchange Rate||9.44||0.06 %||Feb 14|
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