Migration, Remittances and Living Standards in Tajikistan - September 2007

Migrant remittances have been playing an unprecedented role in macroeconomic stabilization, growth, and alleviation of poverty in developing countries without any government intervention. Remittances sent by Tajik migrants have helped millions of families survive the painful period of transition in the aftermath of the demise of the former Soviet Union and the ensuing Civil War (1992-97), have underpinned the growth of the Tajik economy, have given the budding financial sector a shot in the arm, have facilitated structural reforms, and have provided a valuable source of savings and foreign exchange to finance badly needed imports.

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