DUSHANBE, Tajikistan, September 27. The European Bank for Reconstruction and Development (EBRD) expects Tajikistan's GDP growth rate to reach 7.5 percent in both 2023 and 2024, Trend reports.
The bank’s analysts said that the economy in Tajikistan kept growing, with a real GDP growth of 8.3 percent in the first half of 2023. This growth was supported by higher public expenditures and more money sent from Russia by Tajik workers.
The bank's analysts have also identified stronger regional cooperation, the resumption of gold exports, and increased public investment in water and energy infrastructure as the main drivers of Tajikistan's economic growth.
However, the main risk to the economy includes uncertainties regarding China's economic slowdown and potential conflicts arising from shared water resources across borders.
At the same time, the Asian Development Bank (ADB) expects that Tajikistan's GDP growth rate will reach 6.5 percent in 2023 and 7 percent in 2024.
According to the Ministry of Economic Development and Trade of Tajikistan, the GDP growth of Tajikistan in 2022 amounted to 8 percent.