Tajikistan's growth masks remittance reliance and rising state debt risk

Tajikistan's rapid economic growth is underpinned by heavy reliance on remittances and accumulating state debt, raising sustainability concerns. The article questions whether the debt-financed boom can withstand external shocks, such as a downturn in Russia, the primary source of remittances. This matters because a debt or remittance crisis could destabilize the Central Asian economy and affect regional stability.