The Government of Tajikistan has instructed debtors—state-owned enterprises, as well as companies and organizations with state capital participation—to ensure timely debt repayment and to submit quarterly reports to the Ministry of Finance of the Republic.
This directive is outlined in a government decree regarding measures for the implementation of the 2026 state budget.
The instruction specifically concerns the fulfillment of debt obligations under sub-loan agreements concluded within the framework of state credit agreements.
Sub-loan agreements are contracts through which the state transfers attracted loans to enterprises, requiring them to repay the borrowed funds independently.
The list includes the following enterprises, companies, and organizations:
– OJSC "Barki Tojik"
– SUE "Obu Korezi Dushanbe" (Dushanbe Water Utility)
– OJSC "Tajiktransgaz"
– SUE Savings Bank of the Republic of Tajikistan "Amonatbonk"
– OJSC "Pamir Energy"
– SUE "Tajik Railways"
– OJSC "Tajik Aluminium Company" (TALCO)
– SUE Industry and Export Bank of Tajikistan "Sanoatsodirotbonk"
– OJSC "Rogun HPP"
– SUE "Sharqi Ozod"
– SUE "Housing and Communal Services" (under the Committee of Housing and Communal Services under the Government of the RT)
– SUPE "Khujandobukanal"
– CSUE "Trolleybus" (Dushanbe)
– CSUE "Trolleybus" (Khujand)
– SUE "Sanitation and Transport Services of Khujand City"
– ME "Housing, Communal, and Economic Department" (Tursunzade)
– CSUE "Housing and Communal Services" (Bokhtar)
– CSUE "Housing and Communal Services" (Nurek)
– CSUE "Housing and Communal Services" (Yovon District)
– CSUE "Housing and Communal Services" (Kulob)
– CSUE "Housing and Communal Services" (Khorog)
The document also addresses the regular sale of property belonging to the former commercial banks OJSC "Agroinvestbank" and OJSC "Tojiksodirotbank", which are currently undergoing compulsory liquidation. This refers to property that has transitioned into state ownership. Funds generated from the sale of such assets are planned to be directed toward the repayment of internal national debt and other financial obligations of the Ministry of Finance.
According to Ministry of Finance data, as of July 1, 2025, the total volume of Tajikistan's public debt reached $3.6 billion, equivalent to 21.4% of the country's GDP. Of this amount, $3.1 billion (88%) is attributed to external debt, while $422 million accounts for internal debt.
