OREANDA-NEWS Tajikistan's public debt increased by $15 million in 2023, or 0.5% compared to 2022. This is stated in the materials of the Ministry of Finance of the Republic for the press conference of Minister Fayziddin Kahhorzoda.

"The total amount of public debt as of January 1, 2024 is $3.6 billion, or 30.2% of GDP. Of these, $3.2 billion, or 89%, is foreign debt and about $400 million, or 11% is domestic debt," the materials of the Ministry of Finance say.

According to the ministry, the growth was due to an increase in foreign debt, it increased from $3 billion 228 million to $ 3 billion 243 million. The domestic debt decreased by 8.3% to 4.3 billion somoni ($393 million). The republic has the largest debt to the Export-Import Bank of China, it amounts to about $900 million, and another $500 million is debt on Eurobonds.

Last year, the republic paid $274.3 million to repay loans. At a press conference, the Minister stressed that there is no lag in the schedule for servicing debt to international financial organizations.