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.
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Start your day informed with AnewZ Morning Brief: here are the top news stories for the 11th of December, covering the latest developments you need to know.
Scores of demonstrators gathered outside the Norwegian Nobel Institute in Oslo Tuesday (9 December) to protest against the awarding of this year’s Nobel Peace Prize to Venezuelan opposition leader Maria Corina Machado.
Iran and Saudi Arabia reiterated their commitment to enhance ties following a joint meeting with China in Tehran on Tuesday to follow up on implementation of the 2023 Beijing Agreement which resulted in resumption of their diplomatic relations after eight years.
The world’s leading minds and voices will be honoured on Wednesday, 10 December, the anniversary of Alfred Nobel’s death, as Nobel Prizes are presented in Stockholm and Oslo.
In a dramatic Champions League clash at Baku’s Tofiq Bahramov Stadium, Qarabağ grabbed an early lead, but Ajax staged a thrilling comeback to win 4-2.
Ukraine "deeply appreciates" the humanitarian support of Pope Leo XIV. This was stated by Ukrainian President Volodymyr Zelenskyy after a meeting between the two at the papal residence of Castel Gandolfo, on Tuesday, 9 December.
U.S. President Donald Trump has formally launched a scheme offering fast-tracked U.S. visas to foreigners who can pay at least $1 million — or companies willing to spend $2 million to sponsor a worker they want to bring into the country.
Iran's President Massoud Pezeshkian has begun a two day visit to Kazakhstan, with officials from both sides describing the trip as an opportunity to advance cooperation in trade, transport, industry, mining and cultural exchanges.
Uzbekistan will introduce a nationwide system to assess the resilience of officials and civil service candidates to corruption risks from 2026, according to a presidential decree adopted this week.
A new five-year partnership framework between Georgia and the United Nations has set out priorities for development through 2030. The agreement outlines economic, social, and governance goals.
Iranian President Masoud Pezeshkian arrived in Astana on Wednesday, 10 December, for a two-day visit aimed at expanding trade, transit, and economic ties, with more than ten agreements expected to be signed.
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