Tajikistan's Debt Crisis Risk Tied to Rogun Dam, World Bank Cautions

A new World Bank report gives Tajikistan passing grades for its present economic performance but cautions that an excessive state role in the economy poses a significant threat to continuing stability. The bank’s report on Tajikistan specifically focuses on “the impact of enterprises with state participation and competitive neutrality.” It starts with praise, noting that the Tajik economy grew by 8.3 percent in 2023 and 8.2 percent during the first quarter of this year. Growth, the report adds, was driven by increased revenue…