Tajikistan needs US$10.2 billion for implementation of the medium-term development program for 2021-2025

The draft medium-term development program of Tajikistan designed for 2021-2025 was discussed at a roundtable in Dushanbe on March 18.     According to the Ministry of Economic Development and Trade (MoEDT), representatives of relevant ministries and agencies, development partners and experts as well as representatives of civil society participated in the discussion.  Speaking at the meeting, […]

Asia-Plus

The draft medium-term development program of Tajikistan designed for 2021-2025 was discussed at a roundtable in Dushanbe on March 18.    

According to the Ministry of Economic Development and Trade (MoEDT), representatives of relevant ministries and agencies, development partners and experts as well as representatives of civil society participated in the discussion. 

Speaking at the meeting, the Minister of Economic Development and Trade Zavqi Zavqizoda noted that they had taken into account proposals and recommendations of the interested parties while developing the draft program.

According to him, the program provides for taking 765 measures to achieve strategic goals in the medium term using all available resources and opportunities.

It was noted that more than 115 billion somonis (equivalent to some US$10.2 billion) are needed for implementation of this program.  It is expected that 51 billion somonis of budget funds will be allocated for these purposes.

Besides, the authorities expect to attract funds from development partners (35 billion somonis) and private sector (29 billion somonis)       

Representatives of development partners expressed readiness to finance the program, according to the MoEDT press center. 

The program is the second phase of the National Development Strategy 2016–2030 (Strategy) and it is planned for rapid growth of investments; while the third phase (2026–2030) is projected to mark the transition from industrialized growth strategies to diversified production and knowledge-based innovation.

Meanwhile, the previous medium-term development program designed for 2016-2020, which is the first phase of the Strategy, set out a strategic plan of transition to a model of economic growth. The implementation of this program was reportedly based on a balance between the economic, social and environmental components of sustainable development, based on national and social security, democratic and effective governance, the rule of law and human rights, sustainable and equitable economic development, viability and environmental sustainability.

The implementation of the country’s medium-term development program for 2016-2020 reportedly resulted in GDP volume increasing 1.6 times, poverty rate reducing from 31.3% to 26.3%, the population incomes increasing 1.9 times, the share of exports in the country’s foreign trade turnover increasing from 20% to 26%, and Tajikistan's position in World bank’s annual report Doing Business improved by 59 points.  

Join us on social media!

Article translations:

Related Article

Tenisi
Оби зулол
Оби зулол

Most Read

Коммерсбонк Точикистон

Recent Articles

Ensuring Safe and Clean Air: A Global Priority

In recent years, the importance of safe and clean air has become a focal point for governments, environmental agencies, and health organizations worldwide. With...

“Hit with fists on the lower back and abdomen.” A teacher from Nurobod, claiming he was beaten by a student’s brother, details the attack

According to him, he is being threatened with murder, and law enforcement agencies have not yet detained the attacker.

International internet starts coming back in Iran after long shutdown 

Western media reports says Iranians ​isolated by a long...

Tajikistan listed among countries with low generative AI usage

Among the Central Asian countries, Kazakhstan has the highest rate.

Prices in Tajikistan rise almost 2% in January-April: apples, fuel, and utilities become particularly more expensive

In April, inflation was 0.6%: food products became more expensive, non-food products increased in price comparatively less, and tariffs for paid services remained unchanged.

Drought in Central Asia becoming a chronic threat, IWMI expert warns

The temperature in the region is rising faster than the global average.

Emomali Rahmon congratulates Tajikistanis on Eid al-Adha and calls for thrift

The President reminded that Idi Qurbon is not a wedding but a religious ceremony that should take place without ostentatious luxury.

Gazpromneft – Tajikistan launches the “Welcome Skidka” program for corporate customers

New clients - legal entities and individual entrepreneurs - can take advantage of special conditions until the end of the current year.

In Dushanbe, 28 sellers fined for unjustified price increases

On the eve of Idi Qurbon, inspections are being conducted at the capital's retail outlets.