Thursday, 28 October 2004

WORLD BANK ADDRESSES TAJIK POVERTY

Published in News Digest

By empty (10/28/2004 issue of the CACI Analyst)

Michael Mills, a World Bank economist for Central Asia, presented an updated assessment of poverty in Tajikistan at a conference in Dushanbe on 28 October. Although poverty has fallen 17 percent since 1999, Tajikistan remains the poorest country in Central Asia, the report notes. In 2003, 64 percent of the population lived on no more than $2.
Michael Mills, a World Bank economist for Central Asia, presented an updated assessment of poverty in Tajikistan at a conference in Dushanbe on 28 October. Although poverty has fallen 17 percent since 1999, Tajikistan remains the poorest country in Central Asia, the report notes. In 2003, 64 percent of the population lived on no more than $2.15 a day. Mills said that labor migration, which has seen up to 1 million Tajiks, or 17 percent of the population, leave to seek higher wages in Russia, has somewhat alleviated poverty. But widespread corruption is a serious obstacle to reducing poverty, the report says. Fayzullo Kholboboev, an economic adviser to Tajik President Imomali Rakhmonov, told the conference that the World Bank provides Tajikistan with $30 million-$40 million annually in infrastructure development funds. (ITAR-TASS)
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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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