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 Economy of Tajikistan

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Economy of Tajikistan Empty
PostSubject: Economy of Tajikistan   Economy of Tajikistan EmptySun 31 Oct 2010, 14:46

Tajikistan was the poorest republic of the Soviet Union and is the poorest country in Central Asia as well as in the former Soviet Union today. With foreign revenue precariously dependent upon exports of cotton and aluminum, the economy is highly vulnerable to external shocks. In FY 2000, international assistance remained an essential source of support for rehabilitation programs that reintegrated former civil war combatants into the civilian economy, thus helping keep the peace. International assistance also was necessary to address the second year of severe drought that resulted in a continued shortfall of food production.

In 2006 GDP per capita of Tajikistan was 85% of 1990s level.[30] While population has increased from 5.3 mln in 1991 to 7.3mln in 2009

On August 21, 2001, the Red Cross announced that a famine was striking Tajikistan, and called for international aid for Tajikistan and Uzbekistan. Tajikistan's economy grew substantially after the war. The GDP of Tajikistan expanded at an average rate of 9.6 % over the period of 2000–2007 according to the World Bank data. This improved Tajikistan's position among other Central Asian countries (namely Turkmenistan and Uzbekistan), which seem to have degraded economically ever since.[31] Tajikistan is an active member of the Economic Cooperation Organization (ECO).

The recently completed Anzab tunnel which connects the previously hard to access Northern part of the country to the capital Dushanbe has been labeled as part of the new Silk Road. It is part of a road under construction that will connect Tajikistan to Iran and the Persian Gulf through Afghanistan.

A new bridge between Afghanistan and Tajikistan has been built which will help the country have access to trade lines with South Asia. The bridge was built by the United States

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