Since its national independence in 1991 and subsequent civil war until 1997, Tajikistan has faced formidable challenges in political restructuring, reorganizing the economy and responding to the socio-economic needs of the people. There was a steep economic decline with disruption of trade with countries in Central Asia, withdrawal of subsidies from Moscow, and decline in both industrial and agriculture production. The civil war contributed to the deterioration of the physical infrastructure and an already weak institutional capacity. After a decade of political unrest and social and economic instability, institutional reforms have been underway since 1997. The government has been pursuing measures towards macro-economic stabilization, restructuring financial systems, privatization and controlling inflation. While there has been an overall decline in the poverty level, 64 percent of the population lives below the poverty line. Recurrent humanitarian crises have slowed down development and diverted the focus from long-term development issues.

Related Subject(s): Economic and Social Development
Countries: Tajikistan
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