Tajikistan Economic Outlook
June 4, 2019The latest cumulative data suggests the economy sustained a strong pace of expansion in January–April. Industrial production grew robustly in the period, thanks to double-digit upturns in manufacturing and mining, while the electricity supply sector lost traction. Activity in the agricultural sector was also buoyant on favorable weather conditions. Meanwhile, on the expenditure side, growth was supported by a surge in fixed investment, underpinned by construction of electric power facilities, while healthy remittance inflows—mainly from Russia—continued to shore up private consumption. On the downside, the external sector weighed on growth owing to flagging demand for cotton and energy exports.
Tajikistan Economic GrowthGrowth is expected to moderate this year on softer domestic demand as a weaker business climate and China’s slowdown weigh on investment. Nonetheless, the economy should remain healthy, with Russia’s recovery boosting remittance inflows and supporting private consumption. Met the why particular panelists see the economy growing 5.7% in 2019, which is unchanged 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||9.44||0.06 %||Jun 13|
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