Tajikistan: Recent Economic Developments

International Monetary Fund

No 1996/055, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper reviews economic developments in the Republic of Tajikistan during 1992–95. Aggregate production, dominated by the cotton and aluminum sectors, continued its decline in 1994, falling by an estimated 21 percent to less than half its 1991 level. GDP declined a further 18 percent in the first quarter of 1995 over the same period a year earlier. With production sharply lower across all sectors of the economy, recorded unemployment reached almost 8 percent of the labor force at end-1994, although less than 2 percent were officially registered as unemployed.

Keywords: ISCR; CR; currency unit; U.S. dollar; debt service; foreign exchange; commercial bank; exchange rate; Currencies; Agricultural commodities; Exports; Imports; Central Asia (search for similar items in EconPapers)
Pages: 157
Date: 1996-07-08
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