Thursday, 21 July 2005

TAJIK NATIONAL DEBT CLOSE TO $1 BILLION

Published in News Digest

By empty (7/21/2005 issue of the CACI Analyst)

Tajik Finance Minister Safarali Najmuddinov told a news conference in Dushanbe on 20 July that Tajikistan\'s national debt now stands at $905 million, or 40 percent of GDP, RFE/RL\'s Tajik Service reported. The national debt in 2000 was $1.3 billion, or 70 percent of GDP, Najmuddinov said.
Tajik Finance Minister Safarali Najmuddinov told a news conference in Dushanbe on 20 July that Tajikistan\'s national debt now stands at $905 million, or 40 percent of GDP, RFE/RL\'s Tajik Service reported. The national debt in 2000 was $1.3 billion, or 70 percent of GDP, Najmuddinov said. Of the $905 million, $710 million is in direct government debt and $127 million in loans taken by Tajikistan\'s National Bank. Tajikistan\'s chief creditors are the World Bank, at $308 million; the Asian Development Bank, at $97 million; the Islamic Development Bank, at $40 million, the European Commission, at $46 million, and the OPEC Fund, at $11 million. (RFE/RL)
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The Central Asia-Caucasus Analyst is a biweekly publication of the Central Asia-Caucasus Institute & Silk Road Studies Program, a Joint Transatlantic Research and Policy Center affiliated with the American Foreign Policy Council, Washington DC., and the Institute for Security and Development Policy, Stockholm. For 15 years, the Analyst has brought cutting edge analysis of the region geared toward a practitioner audience.

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