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  Thursday, May 26, 2022
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Tajikistan's foreign debt grew at an annual rate of 39.4%,
Tajikistan's foreign debt grew at an annual rate of 39.4%, from $877.4 million as of April 1, 2007 to $1.223 billion as of April 1, 2008, the country's national bank said on Thursday.

Sharif Rakhimzoda, chairman of the National Bank of Tajikistan, said the country's foreign debt accounted for 27% of gross domestic product as of April 1, 2008.

Tajikistan's gold and foreign currency reserves increased from $280 million to $363 million in the reporting period, Rakhimzoda said.

Inflation in the first quarter of 2008 dropped to 1.8% from 2.2% in the same period last year. Consumer price growth is expected to reach 12-13% by the end of the year, Rakhimzoda said.


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