Tajikistan and ADB
In the Spotlight
Tajikistan Needs to Diversify Production and Exports to Improve Incomes and Economic Resilience — ADB
Tajikistan’s reliance on a narrow export base and remittances, coupled with a widening trade deficit, has made the economy vulnerable to external economic shocks. Diversifying production and exports could improve incomes and economic resilience, and sustain economic growth in the country, says a new ADB report.
This study seeks to assess the potential of the Central Asia Regional Economic Cooperation (CAREC) Program as a platform to promote a regional approach to tourism development.
The Asian Development Bank helped Tajikistan upgrade and modernize the Nurek hydropower plant, which produces around 60% of the nation’s electricity, providing a more reliable and stable energy supply that supports economic growth in the country and its neighbors.
Tajikistan is rich with clean energy resources with an average of 320 sunny days in a year. ADB and the Clean Energy Fund helped upgrade the facilities of the Tajikistan Energy Institute to better prepare its 2,000 students for a career in the country’s growing clean energy sector.
With some of the world’s highest mountains covering a staggering 93% of its territory, Tajikistan faces some obvious obstacles to its development. These include unstable food security, limited transport connectivity, and low levels of private investment.
Due to its narrow economic base and a heavy reliance on remittances by labor migrants, Tajikistan’s economy remains vulnerable to external shocks.
ADB's country partnership strategy, 2016–2020 for Tajikistan has broad objectives to diversify the economy and create more high-income jobs.
Tajikistan is a member of the Central Asia Regional Economic Cooperation (CAREC) Program.
Projects in Tajikistan
- Digital Solutions for Improved Efficiency in Agricultural Value Chains
- Climate-Resilient Livestock Value Chain Sector Development Project
- Central Asia Regional Economic Cooperation Corridors 2, 3, and 5 (Obigarm-Nurobod) Road Project
- Better Customs for Better Client Services in Central Asia Regional Economic Cooperation Countries
- Skills and Competitiveness Sector Development Program
- Regional Cooperation on Increasing Cross-Border Energy Trading within the Central Asian Power System - Provision of Solutions to Bottlenecks to the Regional Power Trade (Subproject 2)
- Implementing the Integrated Trade Agenda in the Central Asia Regional Economic Cooperation Program
- Regional Cooperation on Increasing Cross-Border Energy Trading within the Central Asian Power System - Modernization of Coordinating Dispatch Center Energiya (Subproject 1)
- Developing Anti-Money Laundering and Combating the Financing of Terrorism Approaches, Methodologies, and Controls (Subproject B)
- Enhancing Project Readiness and Implementation in Central and West Asia
- Investment Climate Reforms Program - Subprogram 2
- Achieving Food Security through Climate Resilience Dairy Value Chain Development
- Asian Development Outlook 2016-2018 - Asian Development Outlook 2017 (Subproject 2)
- Investment Climate Reforms Program (Subprogram 1)
- Asian Development Outlook 2016-2018 - Asian Development Outlook 2016 (Subproject 1)