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Contagious ills

Central Asia needs life support as Russia suffers

Rachel Morarjee 

Rachel Morarjee Russia's central Asian satellite states lack the immunity to fend off the economic ills, which have beset their larger neighbour. Tajikistan has appealed to the International Monetary Fund (IMF) for support. Other countries in Russia's economic orbit may need similar treatment. The land-locked nation of 8.5 million people, which has been in talks with the international lender about a bailout package since early February, is most directly exposed to trouble further north. Falling oil prices and economic sanctions have hit remittances from workers in Russia that are the lifeblood of ...

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First Published: Thu, February 25 2016. 21:31 IST
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