As of April 1, 2026, the total amount of Tajikistan’s external debt amounted to $2.8392 billion, the country’s Ministry of Finance (MoF) reports. This is almost $170 million less compared to the beginning of this year.
In the structure of the country’s external debt, over $2.7 billion accounts for direct government debt, which ensures the fulfillment of the country’s government services, and about $130 million for state-guaranteed debts.
The financing of Tajikistan’s main external debt in the state budget for 2026 is set at about 5.1 billion somoni (approximately $540 million).
Simultaneously, in 2026, the government plans to attract new loans amounting to more than 6.3 billion somoni (approximately $670 million) for the implementation of state investment projects.
The country’s main external creditor remains the Export-Import Bank of China, the debt to which, according to a MoF, has decreased to almost $700 million.
The country also owes comparatively more to the World Bank (about $380 million), the Asian Development Bank (more than $250 million), the Islamic Development Bank (over $250 million), the International Monetary Fund ($195 million), and the European Bank for Reconstruction and Development ($165 million).
At the beginning of this year, the government, by its decree, instructed debtors — state enterprises, as well as companies and organizations with state capital participation — to ensure timely repayment of debts and to submit quarterly reports to the MoF.
This concerns the fulfillment of debt obligations under subloan agreements concluded within the framework of state credit agreements.
The list of debtors includes 20 enterprises, companies, and organizations with state capital, including Open Joint-Stock Company (OJSC) Barqi Tojik, State Unitary Enterprise (SUE) Obu Korezi Dushanbe (Dushanbe municipal waterworks), OJSC Tojiktransgaz (Tajik state-run natural gas distributor), Amonatbonk (Tajikistan’s savings bank), OJSC Pamir Energy, SUE Tajik Railways, OJSC Tajik Aluminum Company, OJSC NBO Roghun, and others.
