Experts note that under the current unfavorable conditions for Tajik entrepreneurs, loan interest rates at commercial banks of the country should be drastically lower.
A significant part of the Tajik economy is monopolized. It is the monopolies that are to blame for the fact that Tajikistan has not yet created a competitive environment, said Khodzhimuhammad Umarov, professor of Tajik State University, doctor of economic sciences.
What are the reasons for the new initiative of the National Bank of Tajikistan (NBT) on reforming the money transfer system? (more…)
British Ambassador Charles Garret: In Order to Protect and Develop Democracy, Everyone in the Country Needs to Play a Role
«Institutions and individuals all need to play their roles openly and in line with the law. This is very much a challenge for the UK as well as Kyrgyzstan and other countries that believe democracy is best foundation for a fair and prosperous society», – said His Excellency British Ambassador to the Kyrgyz Republic Charles Garrett, in the interview to CABAR.asia analytical platform.
According to the research of the World Bank ranking, Kazakhstan entered the top 30 leading countries for ease of doing business for the first time, thus 2019 in the country was marked by this fact. This indicator turned out to be the best among the countries of Central Asia and ahead of many advanced economies of the world. What is the secret of success and who felt the ease of doing business in the Kazakh market?
«According to the World Bank’s 2018 report, Uzbekistan appeared on the 76th place in the “Doing Business” rating, notably the rating dramatically improved in the period of 2012–16 when no reforms were practically implemented in the country. Such “progress” does not correspond to the reality», – notes Yuliy Yusupov, director of the Center for Economic Development.
Rural tourism can become another mechanism for increasing the efficiency of Tajik agriculture and economy altogether.