DUSHANBE, Tajikistan, April 10. Tajikistan's public debt will continue to decline over the next two years, Trend Report via the Asian Development Bank (ADB), Trend reports.
ADB forecasts external public debt to decline to 21.5 percent of GDP in 2025 and further to 18.9 percent in 2026.
This follows a significant reduction in overall public debt in 2024, which dropped from 30.2 percent of GDP to 25.1 percent, driven by decreases in both external and domestic borrowing.
Specifically, external public debt declined from 26.5 percent of GDP in 2023 to 22.5 percent in 2024, while domestic debt fell from 3.2 percent to 2.7 percent.
In 2024, public spending was primarily directed toward essential sectors, with education, energy, and social protection accounting for around 48 percent of total expenditures. This targeted approach, the ADB notes, reflects a continued effort to balance development needs with financial stability.
