Tajikistan's external debt significantly falls


(MENAFN- Trend News Agency ) Baku, Azerbaijan, May 22

Trend:

Tajikistan's external debt fell by almost $20 million in the first quarter of this year to $2,859.7 million as of April 1, 2018, Tajik media reported citing the Statistical Agency.

In early 2018, Tajikistan owed about $2,879 million to external creditors.

About $100 million in the structure of external debt accounts for the National Bank of Tajikistan.

The National Bank owes $87.3 million to the International Monetary Fund, $7 million - to China, and $4.1 million - to the Islamic Development Bank.

The main creditor of Tajikistan is the Eximbank of China, to which the republic owes more than $1.2 billion.

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