Every third enterprise in Tajikistan unprofitable

As of July 1, 2020, a total debt of enterprises and organizations in Tajikistan has amounted to more than 53.3 billion somoni (equivalent to 5.2 billion U.S. dollars), according to the Agency under the President of Tajikistan. Debts of enterprises of republican importance, including Barqi Tojik (Tajikistan’s national power utility company), Tajik Air (Tajik national […]

As of July 1, 2020, a total debt of enterprises and organizations in Tajikistan has amounted to more than 53.3 billion somoni (equivalent to 5.2 billion U.S. dollars), according to the Agency under the President of Tajikistan.

Debts of enterprises of republican importance, including Barqi Tojik (Tajikistan’s national power utility company), Tajik Air (Tajik national air carrier), Dushanbe International Airport, Tajik Railways (Tajik national railway company), and Tajik Aluminum Company (TALCO), have reportedly totaled some 20 billion somoni

Unprofitable enterprises organizations account for 30.4 percent of a total number of enterprises and organizations registered in the country.  

The majority of unprofitable enterprises are reportedly in the processing industry – 20.6 percent.  

The relatively large debtor is Barqi Tojik.  As of July 1, 2020, the company’ total debt have amounted to 29.5 billion somoni (equivalent to 2.8 billion U.S. dollars).

Recall, the Minister of Industry and New Technologies, Zarobiddin Faizullozoda, told reporters in Dushanbe on July 30 that 181 industrial enterprises and workshops with total of about 2,000 employees have suspended their operations over the first six months of this year.  

According to him, the reasons leading to the suspension of enterprises were different, including external factors, lack of raw materials and floating assets, license expiration, seasonal operations, technological equipment degradation, non-competitiveness of manufactured products, property disputes, and reorientation.

According to statistical data from the Ministry of Industry and New Technologies (MoINT), 2,136 industrial enterprises now operate in Tajikistan.

Join us on social media!

Article translations:

Related Article

Оби зулол
Tenisi
Оби зулол

Most Read

Коммерсбонк Точикистон

Recent Articles

RZD announces the restoration of passenger services between Moscow and Dushanbe

Direct rail services between the capitals of Russia and Tajikistan were suspended in March 2020 due to the COVID-19 pandemic.

#AP30/Stories. “Selam! Heller nichek?” How Tatars live today in Sughd province

On the 30th anniversary of "Asia-Plus," we continue to publish reports that remain relevant even after years. This story was told in 2021, and since then, little has changed in the life of the Tatar community in Tajikistan.

15,000 cameras, drones, and robots: how technology monitors pilgrims in Mecca and Medina

During Hajj 2026, Mecca and Medina were under unprecedented digital control.

Another child in Dushanbe removed from family and sent to boarding school

The Ministry of Internal Affairs reports that the parents did not pay adequate attention to the child.

Emomali Rahmon instructs to address issues in seed production following criticism of the industry

Issues have been noted with certification, seed quality, and the material and technical base of the industry.

Water, climate, and a $130 billion deficit: seven key outcomes of the Water Conference in Dushanbe

At the forum, countries and international organizations discussed new mechanisms for cooperation, investments, and technologies that are essential for addressing the global water crisis.

Eskhata Bank introduces a new generation children’s wallet

"Eshkata Bank" has created a full-fledged digital platform that helps children aged 7 to 16 learn how to manage money.