Growth of Tajik economy in first third of year exceeded expectations

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Real GDP growth in Tajikistan for the four months of 2023 amounted to 8%, while the inflation rate was 2.3%. This is lower than in other countries of the region, was noted at the eighth meeting of the National Council for Financial Stability of Tajikistan, which was held at the National Bank of the country.

The meeting of the National Council was held under the leadership of the Chairman of the National Council, Minister of Economic Development and Trade of Tajikistan Zavka Zavkizoda, according to a press release from the Ministry of Economic Development and Trade of Tajikistan, Avesta reports.

Such results were ensured through the timely adoption of measures within the framework of the Action Plan to prevent the impact of potential risks on the national economy of Tajikistan, regardless of the impact of external factors, especially the state of the global economy, macroeconomic and financial stability in the country.

In such a favorable atmosphere, the uninterrupted operation of the banking system was maintained, and the exchange rate of the national currency was recognized as stable.

At the meeting, members of the Council made presentations related to the development of cashless payments, the adaptation of financial accounting in state enterprises to international standards, and the development of the mortgage market.

The expansion of non-cash payments and the creation of a single window for paying for all public services, as well as improving the financial reporting of state enterprises, studying the world experience of the mortgage market and the possibility of its application will contribute to the development of the national economy and improve the social situation of the population, the meeting participants in Dushanbe said.

CentralasianLIGHT.org

May 31, 2023