Economy of Tajikistan

Common card · No. 413400

Tajikistan has a developing economy. The economy is heavily dependent on remittance from Tajik labor migrants in Russia, making up nearly half of Tajikistan's GDP. Since independence, it has gradually followed the path of transition economy, reforming its economic policies. With foreign revenue precariously dependent upon exports of cotton and aluminium, the economy is highly vulnerable to external shocks. Tajikistan's economy also incorporates a massive black market, primarily focused on the drug trade with Afghanistan. Heroin trafficking in Tajikistan is estimated to be equivalent to 30-50% of national GDP as of 2012. In the fiscal year (FY) 2000, international assistance remained an essential source of support for rehabilitation programs that reintegrated former combatants of the Tajikistani Civil War into the civilian economy, thus helping maintain the peace. International assistance also was necessary to address the second year of severe drought that resulted in a continued shortfall...

Read on Wikipedia · Image Шухрат Саъдиев, CC BY-SA 4.0