Tajikistan intends to borrow $1.4 billion 

Tajikistan plans to borrow more than $1.4 billion over the next three years, despite a considerable amount of debt accumulated, Finance Minister Fayziddin Kahorzoda said.

Tajikistan’s Minister of Finance announced before the adoption of the project “Tajikistan’s External Government Borrowing Programme for 2024 and its indicator projections for 2025-2026” that the Republic plans to borrow $1.4 billion over the next three years (2024-2026) to implement 12 government agreements.

“The external borrowing program for the next three years is based on the provisions of the Law “On State Debt and State-secured Debt” and also conforms to the criteria of the Strategy for Public Debt Management of the Republic of Tajikistan 2021-2023,” Kahorzoda said.

According to the information provided, Tajikistan’s borrowing program for the next three years provides for 48 loan agreements, of which 36 with a total value of $1.4 billion are already under implementation.

“It is planned to allocate loan funds for 2024–2026 under this program for a total amount of $1 billion, 150.6 million, including $381.5 million in 2024, $377.4 million in 2025, and $391.7 million in 2026,” Tajikistan’s Minister of Finance said.