The World Bank has announced that Tajikistan's medium-term outlook remains favourable, with growth projected to moderate to 7% in 2025 and converge toward a growth rate of 4.5% in 2026 and 5% in 2027.
Economic outlook faces several downside risks that stem from Russia’s labor migration policies, global policy instability, and ongoing regional conflicts.
The World Bank’s annual Tajikistan Economic Update, released today, emphasized that sustaining Tajikistan’s strong economic momentum and unlocking its growth potential will require the government’s firm commitment to accelerating reforms. Key priorities include attracting greater private investment by strengthening the competition framework, streamlining investment procedures, enhancing investor protection, and improving public sector efficiency and accountability to ensure better public service delivery.
Tajikistan’s real gross domestic product (GDP) growth reached 8.4% in 2024 and 8.2% in the first quarter of 2025 with services and industry driving the expansion. Domestic demand was bolstered by substantial remittance inflows, which totaled approximately 49% of GDP in 2024 compared to 39% in 2023, and by increased public sector wages.
The World Bank draws the attention to the importance of digital transformation in Tajikistan’s trade sector, pointing to significant infrastructure and regulatory gaps, which could bring substantial benefits. The report notes that poor internet connectivity affects nearly half of the country’s customs checkpoints. Additionally, there are shortcomings in areas such as digital identity, paperless trade, data protection, security standards, cross-border data transfers, and consumer safeguards.
“Tajikistan stands at a crucial juncture in its economic development, where smart digital transformation can positively shape its trade prospects for years to come,” said Bakhrom Ziyaev, the World Bank Senior Economist for Tajikistan and author of the report. “By prioritizing these reforms, Tajikistan has the potential to significantly facilitate trade and digitalization of the economy thus unlocking substantial economic growth, generating new high-value employment opportunities, and enhancing its integration into the regional and global digital economy.”
The World Bank's report identifies several priority areas for accelerating digitalization in Tajikistan, including strengthening digital connectivity and cybersecurity, modernizing government digital services to improve online service efficiency, creating an integrated ecosystem for seamless trade and implementing performance monitoring.
The Bank projected that e-commerce market in the country is expected to grow at a modest 4.7% annual rate from 2025 to 2029, reaching $28.4million by 2029. Referring to an international experience, strong digital trade regulations can reduce goods trade costs by up to 20% and service costs by up to 30%.
However, Tajikistan needs to accelerate the improvement of its legal and regulatory frameworks, which currently have significant gaps hindering the development of digital commerce. It also emphasizes the importance of strengthening the legal framework to align with international standards for electronic transactions and data protection.
Pop Mart has posted stunning interim results for the first half of 2025, riding on the explosive popularity of its breakout character Labubu....
The Trump administration on Wednesday sanctioned two judges and two prosecutors at the International Criminal Court (ICC), maintaining its pressure on...
Valentino has named luxury industry veteran Riccardo Bellini as its new chief executive, marking a major leadership shift as the fashion house navigat...
A Russian artillery strike on Kostiantynivka has left at least three civilians dead and several others injured, as Moscow’s forces intensify efforts...
On August 19, President of the Republic of Azerbaijan Ilham Aliyev received Jared Cohen, President of Global Affairs at Goldman Sachs Group Inc....
Tajikistan and China launched a joint biodiversity lab in Dushanbe on July 21, aiming to advance ecological research and sustainable resource use across Central Asia under the Belt and Road Initiative.
The President of Mongolia, Khurelsukh Ukhnaa, will pay his first-ever state visit to Tajikistan on 23rd July. The three-day visit will be held at the invitation of President Emomali Rahmon.
An integrated mountain agropastoral system in Tajikistan has become the first Central Asian addition to the Globally Important Agricultural Heritage Systems (GIAHS), - the Food and Agriculture Organization of the United Nations (FAO) announced.
Kyrgyzstan and Tajikistan have signed 13 agreements during President Sadyr Japarov’s visit to Dushanbe, marking a new chapter in bilateral ties following the resolution of a decades-long border dispute.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
Honduras has brought back mask mandates as COVID-19 cases and a new variant surge nationwide.
Kuwait says oil prices will likely stay below $72 per barrel as OPEC monitors global supply trends and U.S. policy signals. The remarks come during market uncertainty fueled by new U.S. tariffs on India and possible sanctions on Russia.
Pop Mart has posted stunning interim results for the first half of 2025, riding on the explosive popularity of its breakout character Labubu.
Estee Lauder (EL.N) said on Wednesday that its annual profit forecast has come in below Wall Street expectations, as the cosmetics giant continues to face weakness in the United States and China alongside uncertainty over tariffs.
The U.S. Commerce Department has expanded steel and aluminium tariffs on Tuesday, to include more than 400 products, aiming to protect domestic industries.
Canada’s annual inflation eased to 1.7% in July, helped by falling gasoline prices, raising hopes of a potential Bank of Canada rate cut in September.
The Trump administration is expected to shed roughly 300,000 federal workers in 2025, Office of Personnel Management (OPM) Director Scott Kupor said Thursday.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment