Page 3 - Recent Economic News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Highlights The COVID-19 pandemic had a significantly adverse impact on Tajikistan’s economy. Growth slowed to 4.2% in the first nine months of 2020, compared to 7.2% during the same period a year earlier. A growing share of the population have reported reducing their food consumption. The economy is expected to bounce back in 2021-22, assuming the availability and distribution of a vaccine, and restoration of remittances and international trade. The fall 2020 edition of the biannual Tajikistan Economic Update outlines the economic situation in the country, as well as the medium-term develop...

Tajikistan Economic Update – Fall 2020 12/23/2020 | 07:13am EDT Send by mail : Message : Recent Economic Developments The COVID-19 pandemic had a significantly adverse impact on Tajikistan's economy and created major social and health sector pressures. Restrictions on labor mobility and economic activity at home and abroad have resulted in lower migrant remittances, weaker consumer demand, and reduced investments. Although exports have enjoyed a record global demand for gold, the domestic market collapsed, suggesting a more severe impact of COVID-19 on domestic jobs and inco...