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.
Nexperia’s China unit has told its employees to follow directives from local management and disregard instructions from the company’s Dutch head o...
Russia said that its Foreign Minister, Sergei Lavrov, and U.S. Secretary of State, Marco Rubio, had a “constructive” conversation as they began pr...
Iranian Foreign Minister Abbas Araghchi spoke to his Egyptian counterpart Badr Abdelatty in a telephone conversation over the weekend where issues of ...
The Communist Party of China has opened the fourth plenary session of its 20th Central Committee in Beijing, as Xi Jinping outlined the country’s ac...
The Louvre, one of the world’s most visited museums, saw its priceless 19th-century crown jewels stolen in just seven minutes....
Ilham Aliyev, President of the Republic of Azerbaijan, had a one-on-one meeting with Emomali Rahmon, President of the Republic of Tajikistan, on 10 October in Dushanbe.
The second 'Central Asia – Russia' summit has concluded in Dushanbe, held under the chairmanship of the President of Tajikistan, Emomali Rahmon. This meeting continued the efforts to build a sustainable platform for cooperation between the countries of the region and the Russian Federation.
At the invitation of President of the Republic of Tajikistan Emomali Rahmon, President of the Republic of Azerbaijan Ilham Aliyev has arrived in Dushanbe on 9 October to participate in the meeting of the CIS Heads of State Council.
Dushanbe enters one of its busiest diplomatic weeks in recent times as it gears up to host the Commonwealth of Independent States (CIS) heads of state and a Central Asia – Russia meeting. Both events are set to hold from 8 - 12 October in Tajikistan.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
A shooting in Nice, southeastern France, left two people dead and five injured on Friday, authorities said.
Snapchat will start charging users who store more than 5GB of photos and videos in its Memories feature, prompting backlash from long-time users.
New Zealand's annual inflation accelerated in the third quarter, reaching 3.0%, which aligns with analysts' expectations and is at the upper end of the central bank's target range, according to official data released on Monday.
On Sunday, the Netherlands' Economy Minister, Vincent Karremans, stated that he expects to meet with a Chinese government official in the coming days to discuss how to resolve the standoff over Nexperia NV, a computer chip maker whose issues are threatening global automotive supply chains.
In the first nine months of this year, 10.2 billion cubic metres of gas were produced from the Azeri-Chirag-Gunashli (ACG) block in the Azerbaijani sector of the Caspian Sea, according to operational data released by the Ministry of Energy.
Apple’s latest smartphone, the iPhone Air, sold out within minutes of its launch in China on Friday, highlighting the brand’s enduring appeal among Chinese consumers despite growing competition from local Android makers.
Wall Street closed lower on Thursday as renewed concerns about regional banks and intensifying U.S.-China trade tensions weighed on investor sentiment, pulling major indexes off recent record highs.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment