Tajik government takes measures to mitigate effects of possile external risks

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Tajik authorities have developed a plan of actions to prevent and mitigate effects of possible external risks on the national economy.  The plan, in particular, provides for increasing food production and providing abundance at markets. 

The Ministry of Economic Development and Trade (MoEDT) declares significant domestic manufacturing capabilities and measures provide the country with domestic products under conditions of the influence of external risks on the country's economy. 

In a press release issued on March 18, a MoEDT notes that oil price crash, depreciation of the Russian ruble and the coronavirus pandemic have not spared the economies of most countries of world, including Tajikistan’s trading partners.  

“In this connection, a plan of actions to prevent and mitigate effects of possible external risks on the national economy (the Plan of Actions) has been developed,” the press release said.

The Plan of Actions reportedly includes a number of urgent measures aiming to provide macroeconomic stability, high-quality execution of the national budget and efficient utilization of its resources.  

The Plan of Actions reportedly provides for launching new industrial workshops and enterprises with attraction of state and direct investments, taking measures on efficient use of lands, increasing production and stocks of essential goods and providing market with food products.  

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