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 Pu

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.
Publication date: June 2011
ISBN: 9781455287659
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Money and Monetary Policy , International - Economics , Public Policy , external debt , commercial banks , external financing , recapitalization

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