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The fallout from Russia's invasion of Ukraine will lead to an economic contraction of about 2 percent in 2022 in Tajikistan. A projected 40 percent fall in remittances, higher food and energy prices, and financial services and trade disruptions will lower household incomes and increase poverty. Fiscal space, already constrained by structural impediments to private sector growth, is further limited by rising debt distress risks from a weakening ...
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