Tajikistan’s external debt has seen a modest reduction, standing at $3.1 billion as of April 1, 2025 — a decline of $87 million, or 2.7%, from the start of the year, according to data released by the Ministry of Finance.
The country’s debt structure is overwhelmingly composed of direct sovereign borrowing, which accounts for 95.6% of the total. The remaining 4.4% reflects state-backed liabilities, including loans taken by state-owned enterprises with government guarantees.
The People’s Republic of China remains Tajikistan’s largest bilateral creditor, holding roughly $1 billion in outstanding loans. Other key lenders include international financial institutions such as the World Bank, Asian Development Bank (ADB), Islamic Development Bank, and the European Bank for Reconstruction and Development (EBRD).
A prominent component of Tajikistan’s foreign obligations remains the $500 million Eurobond issued in 2017. The bond was primarily used to finance the ambitious Rogun hydropower project, which is central to the country’s long-term energy strategy.
In its 2025 fiscal plan, the government has allocated 4 billion somoni (approximately $385 million) for debt servicing, indicating a continued commitment to meeting its international obligations.
The slight decline in foreign debt suggests measured progress in managing public finances, although Tajikistan remains heavily dependent on external borrowing to fund infrastructure and development. The government has not yet indicated whether it plans to issue additional sovereign bonds or seek new loans in the near future.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 24th of August, covering the latest developments. ...
Only four commodity vessels crossed the Strait of Hormuz on Sunday, following 13 transits a day earlier, as disruptions continue to restrict traffi...
New Zealand Prime Minister Christopher Luxon said on Monday that his party will introduce a bill to ban children under 16 from using social media. ...
Iran on Saturday denounced U.S. plans to announce new sanctions that could put further strain on the Islamic Republic's economy and have an impact on its most important trading partners including China.
A large-scale drone attack has hit Russia's Samara region, damaging facilities and disrupting operations at an Ozon logistics complex, according to regional authorities and the company.
Ukrainian President Volodymyr Zelenskyy has rejected calls for a wartime election, arguing that holding a vote while Russia's full-scale invasion continues would divide the country and undermine national unity.
A newly created pro-government political party has secured a commanding victory in Kazakhstan's snap parliamentary election, according to exit polls, strengthening President Kassym-Jomart Tokayev's influence at a pivotal moment in the country's political transition.
Azerbaijan and Uzbekistan have elevated bilateral ties with a Treaty on Eternal Friendship signed by Presidents Ilham Aliyev and Shavkat Mirziyoyev in Tashkent on 23 August. The leaders also agreed to expand trade, investment, transport, and regional cooperation.
Only four commodity vessels crossed the Strait of Hormuz on Sunday, following 13 transits a day earlier, as disruptions continue to restrict traffic through the key energy chokepoint.
A newly created pro-government political party has secured a commanding victory in Kazakhstan's snap parliamentary election, according to exit polls, strengthening President Kassym-Jomart Tokayev's influence at a pivotal moment in the country's political transition.
Kazakhstan has concluded its first election to the new unicameral Kurultai, with turnout reaching 74.19 per cent, as vote counting begins following a major overhaul of the country’s parliamentary system.
Azerbaijan and Uzbekistan have elevated bilateral ties with a Treaty on Eternal Friendship signed by Presidents Ilham Aliyev and Shavkat Mirziyoyev in Tashkent on 23 August. The leaders also agreed to expand trade, investment, transport, and regional cooperation.
Syria has called for international action after an Israeli drone strike hit a civilian vehicle near Damascus, warning that continued Israeli attacks could deepen instability and put civilians at greater risk.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment