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Total amount of accumulated Russian investments in Tajikistan exceeds $1.6 bln

August 11, 2014

Russia remains a major investment partner of Tajikistan for several years with a total volume of investments accumulated of $1.6 billion, reported the Russian Embassy in Dushanbe.

"There are more than 130 Russian and joint (with Russian participation) enterprises in Tajikistan," the statement said.

Since 12 November 2013, the total income shortfalls of the federal budget of Russia due to supplies of oil products on a duty-free basis to Tajikistan amounted to about $300 million.

"Every year, labor migrants from Tajikistan working in Russia carry out money transfers which provides a stabilizing effect on the socio-economic situation in the country. In 2013, the volume of money transfers from Russia to Tajikistan amounted to $4.2 billion (48% of the country's GDP of the country)," the Embassy added.

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Source: AKIpress News Agency (Kyrgyz Republic)

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