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.
June 13, 2011
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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.
Subject: Arrears, Banking, Commercial banks, Credit, Economic and financial statistics, External debt, Financial institutions, Government finance statistics, Loans, Money
Keywords: Arrears, Commercial banks, CR, Credit, digit inflation, exchange rate, Global, governance, governance of the NBT, Government finance statistics, ISCR, liquidity lending, Loans, Tajik government, Tajikistan, wage-price spiral
Pages:
81
Volume:
2011
DOI:
Issue:
130
Series:
Country Report No. 2011/130
Stock No:
1TJKEA2011001
ISBN:
9781455287659
ISSN:
1934-7685
