DUSHANBE, Tajikistan, December 17. President
Emomali Rahmon of Tajikistan emphasized the necessity of
strengthening the nation's financial system and expanding access to
credit for both businesses and individuals, particularly in terms
of facilitating mortgage loans for housing acquisition, Trend reports via the
press service of the Tajik President.
Speaking in parliament on December 16, he emphasized that
further improvement of Tajikistan’s economic situation requires the
development and implementation of a capital market development
strategy.
"I propose the creation and adoption of a national capital
market development strategy. This strategy will serve as a
foundation for improving access to financial resources for
businesses and citizens, stimulating the growth of the capital
market, and increasing Tajikistan’s attractiveness to foreign
investors," he noted.
Furthermore, the president highlighted the importance of
mortgage lending for Tajik citizens. To improve the social
well-being of the population and expand homeownership
opportunities, he proposed improving the mechanisms for issuing
housing loans.
"It is necessary to enhance the mechanisms for the development
of mortgage lending and take appropriate measures to increase the
volume of such loans available to the population," he said.
Earlier, Tajikistan's state budget revenues from January to
November this year totaled 50 billion somoni ($5.4 billion), with
projections indicating that the figure will rise to 65 billion
somoni (approximately $7 billion), representing a 31% increase over
the initially approved budget revenues for the current year.
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