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.

Format:

Book

Government document

Author/Creator:

International Monetary Fund.

Series:

IMF Staff Country Reports; Country Report ; No. 2011/130

IMF Staff Country Reports

Language:

English

Subjects (All):

Tajikistan--Economic policy.

Tajikistan.

Tajikistan--Politics and government.

Physical Description:

1 online resource (82 p.)

Place of Publication:

Washington, D.C. : International Monetary Fund, 2011.

Language Note:

English

Summary:

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.

Contents:

Cover; Contents; Executive Summary; I. Overview: Recovery Gains Ground but Challenges Remain; A. Growth Returns, Inflation Rises; B. External Accounts-Temporary Shift to Surplus; C. Financial Sector-Post-Crisis Problems Remain; D. Policy Stance; Boxes; 1. Exchange Rate Analysis; 2. Financial Sector Developments; II. Medium-Term Outlook; III. Policy Discussions; A. Coping with Price Shocks; B. Financial Sector-Vulnerabilities and Policies; C. Maintaining Fiscal and Debt Sustainability; 3. Medium-Term Fiscal Sustainability; 4. Financial Market Developments

IV. Program Review and Policies for 2011V. Staff Appraisal; 5. State Enterprise Sector and the Problem of Arrears; 6. Financing the Agricultural Sector; Tables; 1. Selected Economic Indicators, 2008-16; 2. General Government Operations, 2007-11; 3. General Government Operations, 2007-11; 4. Accounts of the National Bank of Tajikistan, 2007-11; 5. Monetary Survey, 2007-11; 6. Balance of Payments, 2008-16; 7. External Financing Requirements and Sources, 2008-15; 8. Capacity to Repay the Fund, 2010-20; 9. Reviews and Disbursements under the Three-Year ECF Arrangement, 2009-12

10. Financial Soundness Indicators, 2004-10Attachments; I. Letter of Intent; II. Memorandum of Economic and Financial Policies (MEFP) for 2009-12; III. Technical Memorandum of Understanding; Contents; I. Relations with the Fund; II. The JMAP Bank-Fund Matrix; III. Statistical Issues

Notes:

Description based upon print version of record.

Description based on online resource; title from PDF title page (ebrary, viewed September 26, 2014).

ISBN:

9786613865137

9781462358694

1462358691

9781462319343

1462319343

9781283552684

128355268X

9781455285617

1455285617