Page 21 - DIALOGUE FOR DEVELOPMENT №2
P. 21
Use of retroactivity;
10) Access to the "big and long" money;
11) Reasonable access to the rental of movable and immovable property, assets;
12) Inflated the conditions for leasing and loans.
A major obstacle to private enterprises in Tajikistan, according to entrepreneurs is the
high level of corruption - the level of unofficial payments to government officials asking
from the entrepreneur.
Analysis of the development of small business in Tajikistan showed that, despite of the
measures taken, the country has not yet created conditions conducive to not only to
increase in the number of small businesses, but their effective and sustainable
development, i.e., small business did not become the basis for growth and stabilization
of the economy. The solving of this problem is impossible without the creation of special
infrastructure to support small businesses.
A significant trend in recent years in Tajikistan was the formation of large holdings of
state unitary enterprises and monopolizing a number of sectors of the economy.
However, the acute problem is the restructuring of natural monopolies, which means a
fundamental change in the entire structure of the national economy. Therefore, many
experts have proposed measures to reduce the state's share in the market economy,
changing its role, eradication of interference of state bodies in economic activities, the
elimination of state unitary enterprises, the exclusion from the functions of the ministries
the economic activities, extensive development of the delegation of authority from the
public sector to the private, as well as using of outsourcing.
Despite the reforms, tax administration remains one of the key issues in the business
and entrepreneurial environment of the country. The results of numerous studies,
including business associations of Tajikistan shows that the tax burden in the Republic
of Tajikistan has a stable dynamics to increase and adversely affect the economic
growth of the country, in particular on the growth rate of GDP. The increasingly negative
impact of the tax burden affects the total performance of the national economy, which
demonstrates the extensive development of Tajikistan, as the economy grows only
because of the increased involvement of resources. At the same time, assessment of
the impact of the current Tax Code of RT again shows an increase in the tax burden by
an average of 0.3%. The analysis calculations show that an increase in the tax burden
of only 0.01% of GDP leads to lower GDP growth rates by as much as 0.12%!
It is necessary to develop mechanisms to facilitate the establishment of new industries
with a focus on expansion of not commodity-oriented import substitution and export
promotion. These mechanisms should include import of new technologies, creation and
development of joint international companies and beneficial partnerships for the country,
as well as the massive training of local personnel.
10) Access to the "big and long" money;
11) Reasonable access to the rental of movable and immovable property, assets;
12) Inflated the conditions for leasing and loans.
A major obstacle to private enterprises in Tajikistan, according to entrepreneurs is the
high level of corruption - the level of unofficial payments to government officials asking
from the entrepreneur.
Analysis of the development of small business in Tajikistan showed that, despite of the
measures taken, the country has not yet created conditions conducive to not only to
increase in the number of small businesses, but their effective and sustainable
development, i.e., small business did not become the basis for growth and stabilization
of the economy. The solving of this problem is impossible without the creation of special
infrastructure to support small businesses.
A significant trend in recent years in Tajikistan was the formation of large holdings of
state unitary enterprises and monopolizing a number of sectors of the economy.
However, the acute problem is the restructuring of natural monopolies, which means a
fundamental change in the entire structure of the national economy. Therefore, many
experts have proposed measures to reduce the state's share in the market economy,
changing its role, eradication of interference of state bodies in economic activities, the
elimination of state unitary enterprises, the exclusion from the functions of the ministries
the economic activities, extensive development of the delegation of authority from the
public sector to the private, as well as using of outsourcing.
Despite the reforms, tax administration remains one of the key issues in the business
and entrepreneurial environment of the country. The results of numerous studies,
including business associations of Tajikistan shows that the tax burden in the Republic
of Tajikistan has a stable dynamics to increase and adversely affect the economic
growth of the country, in particular on the growth rate of GDP. The increasingly negative
impact of the tax burden affects the total performance of the national economy, which
demonstrates the extensive development of Tajikistan, as the economy grows only
because of the increased involvement of resources. At the same time, assessment of
the impact of the current Tax Code of RT again shows an increase in the tax burden by
an average of 0.3%. The analysis calculations show that an increase in the tax burden
of only 0.01% of GDP leads to lower GDP growth rates by as much as 0.12%!
It is necessary to develop mechanisms to facilitate the establishment of new industries
with a focus on expansion of not commodity-oriented import substitution and export
promotion. These mechanisms should include import of new technologies, creation and
development of joint international companies and beneficial partnerships for the country,
as well as the massive training of local personnel.
