This joint World Bank/IMF Debt Sustainability Analysis (DSA) indicates that Tajikistan’s debt is sustainable while the overall risk of debt distress remains high (unchanged from the May 2020 DSA). Public debt jumped to 50.1 percent of GDP in 2020 from 44 percent of GDP in 2019, reflecting the fallout from the COVID-19 shock on growth and revenues, notwithstanding emergency financing provided by the IMF and international donors. However, based on the...
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