DUSHANBE, July 4, 2013, Asia-Plus — The economic bloc ministries have presented macroeconomic indicators and economic forecasts for the coming three years.
According to report posted on the Ministry of Finance (MoF)’s website, this year’s gross domestic product will stand at 42.1 billion somoni. In 2014, GDP is expected to stand at 48.45 billion somoni, in 2015 – 55.53 billion somoni, and in 2016 – 63.2 billion somoni.
The growth rate of nominal GDP will be 17.6 percent in 2013, 15.1 percent in 2014, 14.6 percent in 2015, and 13.8 percent in 2016.
Meanwhile, the real GDP growth rate is expected to stand at 7.4 percent in 2013, 7.6 percent in 2014, 7.6 percent I 2015 and 7.7 percent in 2016.
Inflation is expected to fall from 9.0 percent in 2013 to 7.5 percent in 2014, 7.0 percent in 2015 and 6.5 percent in 2016.
According to data from the National Bank of Tajikistan, the exchange rate of the dollar against the national currency, the somoni, is expected not to differ considerably over the report period: 1:5 in 2013; 1:4.84 in 2014; 1:4.88 in 2015; and 1:4.92 in 2016.
In 2013, the revenue part of the budget will stand at 12.5706 billion somoni (28.6 percent of GDP). The expenditure part this year will stand at 12.2681 billion somoni (29.1 percent of GDP).
The revenue part of the national budget is expected to stand at 15.5263 billion somoni (27.9 percent of GDP) in 2014, 14.7928 billion somoni (26.6 percent of GDP) in 2015, and 16.2491 billion somoni (25.7 percent of GDP) in 2016.
The expenditure part of the national budget is expected to stand at 13.7686 billion somoni in 2014, 15.705 billion somoni in 2015, and 16.5651 billion somoni in 2016.
Compared to 2013, the wage fund will increase nominally by 28.1 percent in 2014. The national budget for 2014 I expected to earmark 739.1 million somoni for increasing the wage fund. Wages of employees of federally funded enterprises and organizations will increase on average by 21.8 percent.
