Tajikistan Country Economic Update, Summer 2021 : Rebounding Economy, Challenges Remain
After the economic slowdown in 2020, Tajikistan’s GDP grew at an annual rate of 8.7 percent in the first half of 2021. According to the Listening-to-Tajikistan (L2T) survey, the social and economic wellbeing of the population severely deteriorated...
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| Format: | Report |
| Language: | English |
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World Bank, Washington, DC
2021
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| Online Access: | http://documents.worldbank.org/curated/en/532641628870881778/Tajikistan-Rebounding-Economy-Challenges-Remain http://hdl.handle.net/10986/36126 |
| Summary: | After the economic slowdown in 2020,
Tajikistan’s GDP grew at an annual rate of 8.7 percent in
the first half of 2021. According to the
Listening-to-Tajikistan (L2T) survey, the social and
economic wellbeing of the population severely deteriorated
following the outbreak of COVID-19 (coronavirus), and the
country remained far from full recovery at the end of 2020.
The strong economic rebound was mainly supported by a
continued sharp increase in the export of precious metals,
and a pickup in private investment and consumption. The
cautious and incremental resumption of air traffic with
regional countries allowed migrants to resume traveling
abroad and restore the inflow of remittances. Domestic
economic activity strengthened as the government gradually
relaxed lockdown measures. In the beginning of 2021,
Tajikistan adopted a National Deployment and Vaccination
Plan (NDVP) and launched it on March 23, 2021, after
receiving the first 192,000 doses of the Oxford/AstraZeneca
vaccine from COVAX. |
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