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 following the outbreak of COVID-19 (coronavirus...

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Bibliographic Details
Corporate Author: World Bank Group
Format: eBook
Language:English
Published: Washington, D.C The World Bank 2021
Series:Economic Updates and Modeling
Subjects:
Online Access:
Collection: World Bank E-Library Archive - Collection details see MPG.ReNa
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520 |a 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