DUSHANBE, January 20, 2016, Asia-Plus – The ratio between Tajikistan’s external debt and its gross domestic product (GDP) rose 5.4 percent in a year to December 31, 2015, reaching 27.9 percent, Tajik President Emomali Rahmon noted in his address to both houses of the parliament on January 20.

“According to international norms, these figures are moderate,” the president said.

According to him, the country’s GDP rose 6 percent in a year to December 31, 2015, reaching more than 48 billion somoni,” Rahmon noted.   

According to the Ministry of Finance (MoF), by the end of last year, Tajikistan’s foreign debt has amounted to little more 2 billion U.S. dollars.

The government''s debt in the structure of the country’s foreign debt was estimated at more than 1.8 billion U.S. dollars.

As of January 1, 2015, the country’s foreign debt reportedly amounted to 2.1 billion U.S. dollars. 

China is Tajikistan’s largest creditor.  According to some data, Tajikistan now owes almost 1 billion U.S. dollars to China.

Besides, Tajikistan owes 326.5 million U.S. dollars to the World Bank (WB) and 277 million U.S. dollars to the Asian Development Bank (ADB)