Tajikistan

Abstract

With some of the world’s highest mountains covering 93% of its territory, Tajikistan faces obvious obstacles to its development. These include a lack of reliable power supply, unstable food security, limited transport connectivity, and low levels of private investment. Due to its narrow economic base and a heavy reliance on remittances by labor migrants, Tajikistan’s economy remains vulnerable to external shocks. The Asian Development Bank (ADB) has partnered with Tajikistan since 1998 and has approved over $1.5 billion in concessional loans, grants, and technical assistance.