The fallout from Russia's invasion of Ukraine will lead to an economic contraction of about 2 percent in 2022 in Tajikistan. A projected 40 percent fall in remittances, higher food and energy prices, and financial services and trade disruptions will lower household incomes and increase poverty. Fiscal space, already constrained by structural impediments to private sector growth, is further limited by rising debt distress risks from a weakening exchange rate. This Macro Poverty Outlook presents GDP, debt and fiscal forecasts and examines the implications for critical economic and social concepts such as growth, poverty reduction and macroeconomic stability.
Details
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Author
World Bank
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Document Date
2022/04/22
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Document Type
Brief
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Report Number
170623
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Volume No
1
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Country
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Disclosure Date
2022/04/22
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Disclosure Status
Disclosed
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Doc Name
Macro Poverty Outlook for Tajikistan : April 2022
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Citation
World Bank
Macro Poverty Outlook for Tajikistan : April 2022 (English). Macro Poverty Outlook (MPO) Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099059404222219775/IDU0bb97c77e078dc0447b0bcba053613318b8c6