Tajikistan and ADB
In the Spotlight
Diversifying the Economy and Structural Reforms are Key for Fighting External Shocks in Tajikistan: ADB
Landlocked and possessing limited arable land and a narrow industrial base, Tajikistan is highly vulnerable to external shocks. In 2014, growth slowed to 6.7% from 7.4% a year earlier, reflecting sharp declines in remittances and aluminum and cotton exports, ADB says in its annual economic report.
ADB has agreed to boost its assistance to Tajikistan by around $20 million in 2015, raising its full year planned assistance program to $79 million.
Tatiana Evstifeeva from ADB’s Tajikistan Resident Mission explains how a national business competition made her realize the importance of the contribution of women entrepreneurs to her country’s development.
ADB welcomed Tajikistan as a member in 1998. During 15 years of partnership with the country, ADB has helped improve the welfare of the Tajik people. The partnership has promoted social development, restored or built new infrastructure, expanded agriculture production, and encouraged regional cooperation and trade.
During its 15 years of partnership with Tajikistan, ADB has used its financial resources and technical expertise to help improve the welfare of the Tajik people. The partnership has promoted social development, restored and built new infrastructure, expanded agricultural production, and encouraged regional cooperation and trade within the framework of the Central Asia Regional Economic Cooperation (CAREC) Program.
ADB interventions in Tajikistan in the next 3 years will support inclusive growth by creating economic opportunities and ensuring greater access to growth.