Rahmon calls major challenges that could affect fulfillment of targets in H2 2019

Asia-Plus

President Emomali Rahmon yesterday held a meeting to review the past half-year’s results, according to the Tajik president’s official website.

Speaking at the meeting, Tajik leader, in particular, noted that existing opportunities and resources are not used efficiently that adversely affects the fulfillment of targets and strategic goals of the country.  

According to him, 8.3 percent decrease of investment, 5.2 percent decline in the growth rate of total trade turnover will negatively impact the implementation of targets in the second half of the year.  

The gross domestic product for the first six months of this year was reportedly 31.27 billion somoni, an increase of 0.3 percent over the same period last year in comparable prices.

Over the first six months of this year, industrial production has increased by 12.5 percent and agricultural production has increased by 10.8 percent.

Trade turnover and paid service have increased over the same six-month period by 9.4 and 0.9 percent respectively. 

At the same time, capital investment has declined 8.6 percent in January-June this year.

Over the same period, foreign trade turnover has increased by 3.8 percent compared to January-June of 2018.  

Over the same-six month period, the rate of inflation in the food market has been 4.0 percent.

The revenue part of the budget for the same period has been overfulfilled by 1.1 percent and amounted to 10.531.5 billion somoni, which was 33.7 percent of the GDP for January-June this year. 

The draft law on making amendments to the country’s penal code was also discussed at the meeting, the president’s website said.  

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