Tajikistan will gain access to concessional loans from the Asian Development Bank (ADB) starting in 2027, ADB Director General for Central and West Asia Lea Gutierrez said at a media briefing in Samarkand on May 5.
According to her, the country currently receives financing only in the form of grants through the Asian Development Fund. “Moving forward, from 2027… Tajikistan will be classified an IDA gap country, which means… getting access to concessional loans,” she said.
An IDA gap country refers to a country transitioning from grant-only support to a mix of grants and concessional lending.
Gutierrez added that as Tajikistan moves into this new category, ADB will also seek to mobilize additional grant resources through thematic funding windows, including climate and regional cooperation programs, to increase overall support for the country.
Inflation expected to remain elevated
ADB expects inflation in Tajikistan to remain elevated, primarily due to rising utility tariffs.
Additional pressure on prices is coming from external factors, including higher global commodity prices, increased logistics costs, and the impact of the Middle East conflict.
According to the bank, these factors are increasing macroeconomic risks and may affect food prices and agricultural production.
Regional outlook: growth continues amid rising risks
Across Central and West Asia, economic growth reached 4.6% in 2025, according to ADB, but was accompanied by elevated inflation.
Key risks for the region include high energy prices, trade and logistics disruptions, and ongoing external uncertainty linked to the Middle East conflict.
In this context, countries in the region are advised to maintain prudent macroeconomic policies, support vulnerable populations, and continue structural reforms.
