Translated with AI
In its macroeconomic forecast for 2026–2028, the Eurasian Development Bank (EDB) predicted that the region's economy will continue to experience robust growth for seven member states. Specifically, Tajikistan's economy is projected to expand by 8.1% in 2026, according to the CIS Executive Committee press service.
According to the Eurasian Development Bank (EDB), economic growth rates in most countries in the region will remain elevated in 2026, driven by strong investment activity. Gross domestic product (GDP) growth in other countries is projected to be: Armenia – 5.3%, Kazakhstan – 5.5%, the Kyrgyz Republic – 9.3%, Uzbekistan – 6.8%, Russia – 1.4%, with budget expenditures exceeding revenues, and Belarus – 1.8%, with growth rates close to medium-term expectations.
The forecast notes that inflationary pressures in the region will continue to ease in 2026. Inflation is projected to move toward the target level in all countries of the region. Inflation is expected to decline in Armenia to 3.3% y/y, Belarus to 6.9% y/y, Kazakhstan to 9.7% y/y, the Kyrgyz Republic to 8.3% y/y, Russia to 5.5% y/y, and Uzbekistan to 6.7% y/y. In Tajikistan, inflation is expected to remain within the target range at 4.5% y/y.
The EDB forecast underscores positive expectations for the region's economies in the coming years, with sustained economic growth and a gradual reduction in inflationary pressure.
