Sanctions against Russia may hit Tajikistan

Photo: Sanctions against Russia may hit Tajikistan / Tajikistan

Baku, Azerbaijan, July 25

By Elena Kosolapova- Trend:

The U.S. and European sanctions against Russia may have a negative impact on Tajikistan's economy, Avesta.Tj reported with the reference to Tajik official.

These sanctions may first of all hit the earnings of Tajik migrants working in Russia, Tajik First Deputy Finance Minister Djamoliddin Nuraliev said at the press conference in Dushanbe on July 25.

If the sanctions affect the labor market in Russia and some productions are closed, Tajik migrants can lose their work places, he said.

Tajik government understands the problem and is working on creation of new jobs places within the country, according to Nuraliev.

"It is expected that about 300 new medium and small enterprises will be launched in Tajikistan in 2015, and some people will be able to find jobs in these enterprises," Nuraliev said.

Some 800,000 Tajik citizens are working in Russia, according to official data. However, unofficial statistics claims that the number of migrants is twice higher.

Remittances from Russia make up a great contribution to Tajik economy. Such remittances hit $4 billion in 2013 or almost a half of GDP.

Edited by C.N.

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