As of October 1 this year, Tajikistan's external debt has totaled US$3.2504 billion, according to the preliminary data from the Ministry of Finance. This marks a 0.2% increase, or US$7.1 million, compared to the figure recorded on January 1.
Approximately 96% of the external debt consists of direct government obligations, ensuring the provision of government services. State-guaranteed debts account for US$138.8 million.
The external debt-to-GDP ratio remains at a comfortable level of 27%.
China continues to be Tajikistan's largest creditor, with the country owing approximately US$1 billion.
Other significant creditors include:
- The World Bank — US$370 million
- The Asian Development Bank — US$260 million
- The Islamic Development Bank — US$212 million
- The European Bank for Reconstruction and Development — US$167 million
Additionally, the principal debt from Eurobonds issued in 2017 to fund the construction of the Roghun Hydropower Plant remains unpaid, amounting to US$500 million. Currently, only interest payments on these securities are being made in accordance with the repayment schedule.
The government is expected to secure further development partner loans next year to continue the construction of the Roghun hydropower plant, which will significantly increase the country's external debt.
