Republic of Tajikistan: 2011 Article IV Consultation, Fourth Review Under the Three-Year Arrangement Under the Extended Credit Facility, Request for Waiver of Nonobservance for Performance Criteria and Modification of Performance Criterion-Staff Report; Staff Supplements; and Public Information Notice on the Executive Board Discussion

International Monetary Fund

No 2011/130, IMF Staff Country Reports from International Monetary Fund

Abstract: Tajikistan’s economic performance has been satisfactory, but challenges still remain. Executive Directors agreed that the challenge is to support recovery while addressing risks to macroeconomic stability. They emphasized for prudent monetary stance to avoid inflation and also to address vulnerabilities in the financial sector. Directors agreed that structural reforms should be given top priority. They welcomed progress in establishing a framework for agricultural financing. Directors commended plans to improve the business climate through a reform of the tax regime and improved transparency and accountability of state-owned enterprises.

Keywords: ISCR; CR; Tajik government; Tajikistan; liquidity lending; exchange rate; governance; digit inflation; governance of the NBT; wage-price spiral; Loans; Credit; Arrears; Commercial banks; Government finance statistics; Global (search for similar items in EconPapers)
Pages: 81
Date: 2011-06-13
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