▲ Up
 
08:38 23-02-2017
MAIN АКИpress CA-News
About us On-line subscription
KazakhstanKyrgyzstanMongoliaTajikistanTurkmenistanUzbekistanWorld
POLITICSBUSINESSINCIDENTSSOCIETYCULTURESPORTANALYSISSCIENCE
GDP growth in Tajikistan decelerates due to lower growth in Russia – EDB
16:00, 23 July 2014, 584

AKIPRESS.COM - GDP2 The GDP growth in Tajikistan decelerated owing to the lower growth in Russia and the unfavorable terms of trade in the international markets for Tajik exports (aluminum and cotton), but it continues to be high at 7% in annual terms, according to the CIS Macromonitor published by the Eurasian Development Bank's Research Department.

There is a notable improvement in the performance of industry (+3.6%) that is explained by the high rate of growth of the extracting industry and the faster growth in many sectors of the processing industry offsetting the recession in the metals (-27.6%) and textile industries (-33.6%).

The trade deficit deteriorated significantly in the first quarter of 2014 (-$699.8 million compared to -$476.3 million). Due to lower aluminum and cotton exports both in volume and nominal terms, the country’s exports dropped by 37.1% while imports continued growing at a high rate (+10.7%).

Related news:

Tajikistan's GDP exceeds $3.6 bln in January-June 2014


Twitterfacebookprint
LATEST NEWS
18:00 Man handed 20 years in prison for raping 8yo daughter of his live-in lover17:37 Knife rampage occurs in one of Osh city restaurants17:18 Uzbekistan releases journalist Muhammad Bekjon after 17 years in prison16:59 Landslide-affected families of Aksy district will get certificates for loans this year — district head16:56 Mongolian bond prices jump following $440 million IMF bailout16:54 Manas Bank v. Kyrgyz Republic: Paris Appeals Court annuls $16.5 million award for Valeri Belokon16:42 Kyrgyz delegation to visit China to discuss industrial capacity transfer16:41 Russian Embassy employee flees Kyrgyzstan after road accident that left 62yo man dead16:35 Stateless persons receive Turkmenistan passports in Ashgabat16:24 Tajikistan, Algeria discuss cooperation16:16 Chinghiz Aitmatov, the first lady, and President of Kyrgyzstan16:10 Kyrgyz skiers at 2017 Sapporo Winter Asian Games16:05 Paralympians from Kyrgyzstan to take part in Powerlifting World Cup16:02 Tourism potential in Kyrgyzstan and accessible aviation issues discussed at round table16:01 Uzbek-born nurse jailed for 3 years for abusing old man in Russia15:49 Forecast for Kazakhstan's growth is 4.7% over 2018: Central bank15:38 Iraqi Shiite militias push to take villages west of Mosul15:17 50 million som allocated for current Higher School of Justice academic year: Supreme Court15:09 Humanitarian aid delivered to Jalal-Abad residents affected by heavy snow15:01 Experts plan to conduct research on child obesity surveillance in Kyrgyzstan
© AKIpress News Agency - 2001-2017. All rights reserved
Republication of any material is prohibited without a written agreement with AKIpress News Agency. Any citation must be accompanied by a hyperlink to akipress.com.
Our address:
Moskovskaya str. 189, Bishkek, the Kyrgyz Republic
e-mail: english@akipress.org, akipressenglish@gmail.com;
Tel/Fax: +996(312)90-07-75