Republic of Tajikistan: Sixth Review Under the Three-Year Arrangement Under the Extended Credit Facility: Staff Report; and Press Release

May 15, 2012

Preview Citation

Format: Chicago

Republic of Tajikistan: Sixth Review Under the Three-Year Arrangement Under the Extended Credit Facility: Staff Report; and Press Release, (USA: International Monetary Fund, 2012) accessed November 21, 2024

Summary

This paper presents key findings of the Sixth Review for Tajikistan under the Extended Credit Facility. Real GDP growth for 2011 reached 7.4 percent, driven mainly by agriculture, construction, and services. The authorities plan to maintain a conservative fiscal stance in line with the macroeconomic framework agreed during recent reviews, targeting a deficit of 0.5 percent of GDP. The fiscal stance for 2012 remains appropriate, but further consolidation will be necessary over the medium term to maintain fiscal and external sustainability.

Subject: Banking, Commercial banks, Credit, External debt, Financial institutions, Loans, Monetary base, Money, Public financial management (PFM)

Keywords: Bank team request, Banking system, Broad money, CR, Credit, Foreign exchange, Global, Headline inflation, IMF's executive board, ISCR, Loans, Monetary base, SDR, WB FSD mission

Publication Details

Pages:

51
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2012/110
Stock No:

1TJKEA2012003
ISBN:

9781475503593
ISSN:

1934-7685

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