230 million U.S. dollars as a gift: China’s generosity alerts

Asia-Plus

China allots 230 million U.S. dollars in no-strings aid to Tajikistan for construction of the parliamentary complex.  Tajik authorities recommend that journalist do not ask ‘inappropriate’ questions…   

Tajik authorities plan to build a new parliamentary complex and China will provide them with $230 million to build the new parliament.  The news about China's unprecedented no-strings aid has alerted many ordinary people in Tajikistan.  Assuming that China will agree to provide grant for construction of a new government complex (negotiations on this subject are under way), the question will be of nearly half a billion U.S. dollars. 

Such a big money is not given without reason…

Officials assure that there is no cause for concern and recommend that we take this just as a gesture of goodwill from friendly China.  

Do we really need this aid?  Do we need such an expensive parliamentary complex?  Would not it be better if this money is spent for anything more substantial? 

The Minister of Economic Development and Trade Nematullo Hikmatullozoda has given the short answer to these questions: “I consider it inappropriate to ask such questions.” 

Meanwhile, some experts consider that by awarding this grant China seeks to increase ties in the Central Asian region which Russia has traditionally viewed as its backyard.

Thus AFP reports China, which already owns over half of Tajikistan's public debt, has long sought to increase ties in the ex-Soviet Central Asia region which Moscow has traditionally viewed as its backyard.

China is a vital source of investments in mainly agrarian Tajikistan, which is also strongly dependent on remittances sent home by migrant workers in Russia.

Beijing now owns some $1.2 billion of the country's total external debt of $2.3 billion, a share equal to around a sixth of GDP.

For the most part, Chinese economic assistance to Tajikistan has targeted key infrastructure projects including roads and railways linking the country’s north and south.

Article translations:

Related Articles

spot_imgspot_img

Most Read

Join us on social media!

Реклама на asia +spot_imgspot_img

Recent Articles

Navruz, Wrestling, and Cars: How the Pahlavon from Rogun Conquered the Gushtingiri Tournament in Dushanbe

Subkhiddin Khalilzoda won the final of the gushingiri in Dushanbe and became the hero of the spring holiday.

Navrouz greetings

Dear readers and subscribers! Asia-Plus News Agency congratulates you...

Eid al-Fitr greetings

Dear readers and subscribers, Eid Mubarak! May this blessed...

Russian ruble weakens against the Tajik national currency and major global currencies

In recent weeks, the Russian ruble has experienced a...

Over 2,500 participants expected at Water Conference in Dushanbe

The Fourth High-Level International Conference on the International Decade...

BARQ becomes new IT Park Dushanbe resident, launches power bank rental service

A common problem for many city dwellers: a dead...

Some bazaars and shopping centers in Dushanbe to close for up to four days during Navrouz celebrations

During the Navrouz holiday celebrations, some bazaars and shopping...

Eurasian Development Bank Predicts 8.1% Economic Growth for Tajikistan in 2026

Analysts from the Eurasian Development Bank (EDB) forecast a...

Iran’s intelligence minister killed in air strike

Iranian President Masoud Pezeshkian confirmed the death of intelligence...

Russian parliament tightens immigration rules for migrant children and patent holders

On March 18, the State Duma (Russia’s lower chamber...