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Tajikistan's external debt hits $2.1 billion

Tajikistan Materials 13 October 2011 17:03
Tajikistan's external debt hit $2.1 billion at the end of the third quarter of 2011, or 33.4 percent of the country's GDP
Tajikistan's external debt hits $2.1 billion

Azerbaijan, Baku, Oct. 13/ Trend V. Zhavoronkova/

Tajikistan's external debt hit $2.1 billion at the end of the third quarter of 2011, or 33.4 percent of the country's GDP, KyrTAG reports.

In the third quarter the short term debt increased by $25 million.

Tajikistan's main creditors include the Asian Bank for Development and the Islamic Development Bank, the World Bank and the Export-Import Bank of China. As much as $800 million of the external debt accounts for the Export-Import Bank of China.

Tajikistan's Finance Ministry reported $40 million was allocated from the state budged to serve the country's external debt during the first nine months of 2011.

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