Tajikistan Economic Outlook
November 27, 2018Available data for July and August point to weaker growth in the third quarter. Export growth lost traction, while imports grew at a faster average pace due to a surge in capital investment. Moreover, both the industrial and agricultural sectors slowed in Q3, contracting in July before rebounding in August. On the upside, strong remittance inflows and rising wages have propelled private consumption. Moreover, on 16 November, the country opened a USD 3.9 billion dam, which is expected to double energy output and help alleviate persistent shortages.
Tajikistan Economic GrowthStrong growth is expected again next year with improving labor market dynamics, coupled with solid remittances—led by Russia’s ongoing economic recovery—driving healthy expansion in private consumption. A less supportive external environment owing to tighter global financial conditions, along with the escalating tit-for-tat trade war, continue to pose downside risks. Met the why particular panelists see the economy growing 5.5% in 2019, which is down 0.2 percentage points from last month’s forecast, and 5.4% in 2020.
Tajikistan Economy Data
5 years of Tajikistan economic forecasts for more than 30 economic indicators.
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|Exchange Rate||9.42||0.06 %||Nov 29|
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