First Intersession of the Consultative Council on the Improvement of the Investment Climate under the President of the Republic of Tajikistan
National Library, Dushanbe – 22 November 2019
Jan-Peter Olters, Chair, Development Coordination Council in Tajikistan
At present, Tajikistan is looking at an important window of opportunity—a window much larger than seen in a long time, but also one that will not stay open indefinitely. In fact, by the time that this country will be celebrating its 30th anniversary in 2021, it will become have evident whether or not it has been successful in, or is en route to, (i) financing its potentially transformative public investment program within a stable and consistent macro-fiscal framework; (ii) advancing domestic revenue mobilisation (by increasing the relative reliance on direct taxes, broadening the overall tax base, and limiting tax incentives to only those activities with clear development impacts); (iii) providing enterprises with the space and confidence to invest, innovate, and take full advantage of emerging export opportunities also outside the energy sector; (iv) creating resultant employment opportunities and socio-economic perspectives for the fast growing, mostly rural population; and. This makes 2020 a critically important year with long-term consequences for Tajikistan’s socio-economic development potential. Read More