Tajikistan’s economic growth and its debt-distress risk
In an Al Jazeera opinion piece, Ali Abu Issam says the World Bank still classifies Tajikistan at high risk of debt distress. That does not mean default is imminent, he says, but it leaves little room for a financing mistake or external shock.
TLDR
Al Jazeera’s opinion piece describes rapid growth that masks Tajikistan’s reliance on remittances and risky state debt. Author Ali Abu Issam says the World Bank still classifies the country at high risk of debt distress. He cautions that default is not necessarily imminent, but a financing mistake or external shock could be hard to absorb.
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