Executive Board
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July 19, 2013
January 9, 2012
May 11, 2011
April 21, 2009
March 5, 2008

Article IV Staff Reports

Financial Sector Assessment Program

Projected % Change
   2014  2015
Real GDP 6.0 6.0
Consumer Prices 6.6 8.3
Source: World Economic Outlook (October 2014)
Please refer to more recent PIN/Staff reports on this country for possible revisions.

Republic of Tajikistan: Financial Position in the Fund

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Resident Representative Office in Tajikistan

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Republic of Tajikistan and the IMF
Updated October 11, 2014

On July 19, 2013, the Executive Board of the International Monetary Fund (IMF) concluded the consideration of the Article IV consultation with Tajikistan.
Under Article IV of its Articles of Agreement, the IMF has a mandate to exercise surveillance over the economic, financial and exchange rate policies of its members in order to ensure the effective operation of the international monetary system. The IMF’s appraisal of such policies involves a comprehensive analysis of the general economic situation and policy strategy of each member country. IMF economists visit the member country, usually once a year, to collect and analyze data and hold discussions with government and central bank officials. Upon its return, the staff submits a report to the IMF’s Executive Board for discussion. The Board’s views are subsequently summarized and transmitted to the country authorities.
The authorities have not consented to publication of the staff report or the associated press release.

The last Article IV Executive Board Consultation was on July 19, 2013. Listed below are items related to the Republic of Tajikistan, in reverse chronological order (you can also view items by category).

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October 11, 2014 -- IMFC Statement by Ms. Eveline Widmer-Schlumpf, Minister of Finance, Switzerland
On behalf of: Republic of Azerbaijan, Switzerland, Republic of Kazakhstan, Kyrgyz Republic, Republic of Poland, Republic of Serbia, Republic of Tajikistan, Turkmenistan. PDF File Size: 203Kb
April 11, 2014 -- IMFC Statement by Eveline Widmer-Schlumpf, Head of the Federal Department of Finance, Switzerland
On behalf of: Republic of Azerbaijan, Switzerland, Republic of Kazakhstan, Kyrgyz Republic, Republic of Poland, Republic of Serbia, Republic of Tajikistan, Turkmenistan. PDF File Size: 202Kb
October 12, 2013 -- IMFC Statement by Eveline Widmer-Schlumpf, Minister of Finance, Switzerland
On behalf of: Republic of Azerbaijan, Switzerland, Republic of Kazakhstan, Kyrgyz Republic, Republic of Poland, Republic of Serbia, Republic of Tajikistan, Turkmenistan. PDF File Size: 94Kb
April 20, 2013 -- IMFC Statement by Ms. Eveline Widmer-Schlumpf, Minister of Finance of Switzerland
On behalf of: Republic of Azerbaijan, Switzerland, Republic of Kazakhstan, Kyrgyz Republic, Republic of Poland, Republic of Serbia, Republic of Tajikistan, Turkmenistan. PDF File Size: 172Kb
April 09, 2013 -- Press Release: IMF Mission Concludes the 2013 Article IV Mission to Tajikistan
November 15, 2012 -- Press Release: Statement at the Conclusion of an IMF Staff Mission to the Republic of Tajikistan
October 13, 2012 -- IMFC Statement by Eveline Widmer-Schlumpf, Minister of Finance, Switzerland
On behalf of: Republic of Azerbaijan, Switzerland, Republic of Kazakhstan, Kyrgyz Republic, Republic of Poland, Republic of Serbia, Republic of Tajikistan, Turkmenistan. PDF File Size: 537Kb
May 15, 2012 -- Republic of Tajikistan: Sixth Review Under the Three-Year Arrangement Under the Extended Credit Facility - Staff Report; and Press Release
Series: Country Report No. 12/110
May 07, 2012 -- Press Release: IMF Executive Board Completes Sixth Review Under ECF Arrangement for Tajikistan and Approves US$20.2 Million Disbursement
April 23, 2012 -- Republic of Tajikistan -- Letter of Intent, April 23, 2012
PDF File Size: 411Kb
April 21, 2012 -- IMFC Statement by Eveline Widmer-Schlumpf, Minister of Finance, Switzerland
On behalf of: Republic of Azerbaijan, Switzerland, Republic of Kazakhstan, Kyrgyz Republic, Republic of Poland, Republic of Serbia, Republic of Tajikistan, Turkmenistan. PDF File Size: 389Kb
April 05, 2012 -- Press Release: IMF Announces Staff-Level Agreement with Tajikistan on Sixth Review of the Extended Credit Facility
March 27, 2012 -- IMF Program Note on the Republic of Tajikistan
Program Note on the Republic of
March 01, 2012 -- Global Food Price Inflation and Policy Responses in Central Asia
Author/Editor: Al-Eyd, A. J. | Amaglobeli, David | Shukurov, Bahrom | Sumlinski, Mariusz A.
Series: Working Paper No. 12/86
February 07, 2012 -- Republic of Tajikistan: Fifth Review Under the Three-Year Arrangement Under the Extended Credit Facility, Request for Waiver of Nonobservance of Performance Criteria, and Request for Modification of Performance Criteria - Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Tajikistan.
Series: Country Report No. 12/32
February 07, 2012 -- Republic of Tajikistan: Poverty Reduction Strategy Paper - Progress Report
Series: Country Report No. 12/33
January 09, 2012 -- Press Release: IMF Executive Board Completes Fifth Review Under ECF Arrangement for Tajikistan and Approves US$20.1 Million Disbursement
December 22, 2011 -- Republic of Tajikistan -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, December 22, 2011
PDF File Size: 437Kb
September 24, 2011 -- IMFC Statement by Eveline Widmer-Schlumpf, Head, Federal Department of Finance, Switzerland
On behalf of: Republic of Azerbaijan, Switzerland, Republic of Kazakhstan, Kyrgyz Republic, Republic of Poland, Republic of Serbia, Republic of Tajikistan, Turkmenistan. PDF File Size: 304Kb
September 21, 2011 -- Press Release: Statement at the Conclusion of an IMF Staff Mission to the Republic of Tajikistan
June 17, 2011 -- Press Release: IMF Concludes Staff Visit to Tajikistan
June 13, 2011 -- 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.
Series: Country Report No. 11/130
Notes: Also Available in Russian
May 25, 2011 -- Public Information Notice: IMF Executive Board Concludes 2011 Article IV Consultation and Fourth Review Under the ECF Arrangement with Tajikistan
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
May 11, 2011 -- Press Release: IMF Executive Board Completes 2011 Article IV Consultation and Fourth Review Under ECF Arrangement for Tajikistan and Approves US$20.9 Million Disbursement
April 28, 2011 -- IMF Survey: Caucasus, Central Asia Rebound, But Inflation Poses Risk
Countries in the Caucasus and Central Asia are seeing a second year of strong growth following the crisis, but the region must tackle inflation and other issues if it is to sustain the recovery, the IMF says in its latest forecast for the region.
April 28, 2011 -- IMF Survey: Caucasus, Central Asia Rebound, But Inflation Poses Risk
Countries in the Caucasus and Central Asia are seeing a second year of strong growth following the crisis, but the region must tackle inflation and other issues if it is to sustain the recovery, the IMF says in its latest forecast for the region.
April 19, 2011 -- Republic of Tajikistan -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, April 19, 2011
Also available in Russian PDF File Size: 528Kb
April 16, 2011 -- IMFC Statement by Eveline Widmer-Schlumpf, Head, Federal Department of Finance, Switzerland
On behalf of: Republic of Azerbaijan, Switzerland, Republic of Kazakhstan, Kyrgyz Republic, Republic of Poland, Republic of Serbia, Republic of Tajikistan, Turkmenistan. PDF File Size: 384Kb
March 02, 2011 -- Press Release: IMF Announces Staff-Level Agreement with Tajikistan on Fourth Review of the Extended Credit Facility
December 20, 2010 -- Republic of Tajikistan: Third Review Under the Three-Year Arrangement Under the Extended Credit Facility, Request for Waiver of Nonobservance of a Performance Criterion and Request for Modification of a Performance Criterion-Staff Report; Staff Supplements; Press Release on the Executive Board Discussion.
Series: Country Report No. 10/374
November 30, 2010 -- Press Release: IMF Executive Board Completes Third Review Under ECF Arrangement for Tajikistan and Approves US$20 Million Disbursement
November 09, 2010 -- Republic of Tajikistan -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, November 09, 2010
PDF File Size: 544Kb
October 28, 2010 -- IMF Survey: Recovery Takes Hold in Caucasus, Central Asia
The economic upturn in the Caucasus and Central Asia is gathering momentum, with growth for the region projected to increase to 5¾ percent in 2010 from 3½ percent in 2009, the IMF says in its latest forecast for the region.
October 09, 2010 -- IMFC Statement by Hans-Rudolf Merz, Minister of Finance, Federal Department of Finance, Switzerland
On behalf of: Republic of Azerbaijan, Switzerland, Kyrgyz Republic, Republic of Poland, Republic of Serbia, Republic of Tajikistan, Turkmenistan, Republic of Uzbekistan. PDF File Size: 333Kb
September 24, 2010 -- Press Release: Statement at the Conclusion of an IMF Staff Mission to the Republic of Tajikistan
July 09, 2010 -- Tajikistan: First and Second Review Under the Three-Year Arrangement Under the Extended Credit Facility, Request for Waiver of Performance Criteria, and Request for Augmentation of the Arrangement - Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Tajikistan.
Series: Country Report No. 10/203
June 07, 2010 -- IMF completes Reviews Under Extended Credit Facility Arrangement with Tajikistan, and Approves Request for Augmentation and Waivers
May 03, 2010 -- Republic of Tajikistan: Poverty Reduction Strategy Paper
Series: Country Report No. 10/104
April 24, 2010 -- IMFC Statement by the Honorable Hans-Rudolf Merz, Minister of Finance of Switzerland
On behalf of: Republic of Azerbaijan, Switzerland, Kyrgyz Republic, Republic of Poland, Republic of Serbia, Republic of Tajikistan, Turkmenistan, Republic of Uzbekistan. PDF File Size: 332Kb
April 13, 2010 -- Press Release: Statement at the Conclusion of an IMF Staff Mission to the Republic of Tajikistan
February 12, 2010 -- Press Release: Statement at the Conclusion of an IMF Staff Mission to the Republic of Tajikistan
January 01, 2010 -- Inflation in Tajikistan: Forecasting Analysis and Monetary Policy Challenges
Author/Editor: Vtyurina, Svetlana | Alturki, Fahad
Series: Working Paper No. 10/17
October 04, 2009 -- Statement by the Honorable Hans-Rudolf Merz, Minister of Finance of Switzerland
On behalf of: Republic of Azerbaijan, Switzerland, Kyrgyz Republic, Republic of Poland, Republic of Serbia, Republic of Tajikistan, Turkmenistan, Republic of Uzbekistan. PDF File Size: 292Kb
October 03, 2009 -- IMF Survey: Caucasus, Central Asia Feel Crisis Impact, But Set for Modest Upturn
The global crisis has severely impacted the Caucasus and Central Asia (CCA), with growth for the region projected to drop from 6.6 percent in 2008 to 1.5 percent in 2009, according to the IMF’s latest forecast for Middle East and Central Asia
September 24, 2009 -- Press Release: IMF Announces Staff-Level Agreement with Tajikistan on First Review under PRGF Arrangement
June 22, 2009 -- IMF Survey: IMF to Step Up Its Engagement, Support in Central Asia
Managing Director Dominique Strauss-Kahn assures countries of Central Asia during a four-country tour that the IMF stands ready to help manage the effects of the global financial crisis and step up its engagement and support in the region.
June 16, 2009 -- Press Release: Statement by IMF Managing Director Strauss-Kahn at the Conclusion of his Visit to the Republic of Tajikistan
June 12, 2009 -- IMF Survey: IMF Chief Visits Central Asia Amid Sharp Slowdown
IMF Managing Director Dominique Strauss-Kahn makes his first visit to Central Asia June 14-20 as countries in the region tackle the fallout from lower commodity prices, declining exports, and a slump in overseas remittances.
June 03, 2009 -- Republic of Tajikistan - 2009 Article IV Consultation, Final Review Under the Staff-Monitored Program, and Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility - Staff Report; Staff Supplement; Staff Statement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Tajikistan.
Series: Country Report No. 09/174
Notes: Full text also available in Russian.
May 11, 2009 -- IMF Survey: Crisis Virtually Halts Growth in Caucasus and Central Asia
Growth in the Caucasus and Central Asia is expected to come to a near halt this year—contracting to 0.9 percent in 2009 from 6.3 percent in 2008—and recover only gradually in 2010, according to the latest IMF forecast for the region.
April 30, 2009 -- Public Information Notice: IMF Executive Board Concludes Article IV Consultation with the Republic of Tajikistan
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
April 25, 2009 -- IMFC Statement by H.E. Hans-Rudolf Merz, Minister of Finance of Switzerland
On behalf of: Republic of Azerbaijan, Kyrgyz Republic, Republic of Poland, Republic of Serbia, Republic of Tajikistan, Turkmenistan, Republic of Uzbekistan. PDF File Size: 327Kb
April 22, 2009 -- IMF Survey: IMF Lends Tajikistan $116 Million
The IMF has approved a $116 million loan for Tajikistan to help its economy adjust to the impact of the global crisis, which threatens to undo the recent gains made against poverty in the country.
April 21, 2009 -- Press Release: IMF Executive Board Approves US$116 Million PRGF Arrangement for the Republic of Tajikistan
March 31, 2009 -- Republic of Tajikistan -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, March 31, 2009
Also available in Russian PDF File Size: 505Kb
March 06, 2009 -- Republic of Tajikistan: Poverty Reduction Strategy Paper
Series: Country Report No. 09/82
March 06, 2009 -- Republic of Tajikistan: Poverty Reduction Strategy Paper - Joint Staff Advisory Note
Series: Country Report No. 09/83
February 18, 2009 -- Press Release: IMF Mission Reaches Preliminary Agreement on PRGF-Supported Program for the Republic of Tajikistan
December 24, 2008 -- Republic of Tajikistan: First Assessment Under the 2008 Staff-Monitored Program
Series: Country Report No. 08/382
Notes: Also available in Russian
December 11, 2008 -- Republic of Tajikistan: Financial System Stability Assessment, including Reports on Observance of Standards and Codes on the following topics, Banking Supervision, and Monetary and Financial Policy Transparency
Series: Country Report No. 08/371
Notes: Also available in Russian
November 26, 2008 -- Republic of Tajikistan -- Letter of Intent, November 26, 2008
Also availalbe in Russian PDF File Size: 278Kb
October 11, 2008 -- IMFC Statement by Mr. Jean-Pierre Roth, Chairman of the Governing Board of the Swiss National Bank
On behalf of: Republic of Azerbaijan, Kyrgyz Republic, Republic of Poland, Republic of Serbia, Kingdom of Swaziland, Republic of Tajikistan, Turkmenistan, Republic of Uzbekistan. PDF File Size: 378Kb
June 30, 2008 -- Republic of Tajikistan: Staff-Monitored Program
Series: Country Report No. 08/197
Notes: Also available in Russian
June 10, 2008 -- Republic of Tajikistan -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, June 10, 2008
PDF File Size: 256Kb
April 12, 2008 -- IMFC Statement by the Honourable Hans-Rudolf Merz, Minister of Finance of Switzerland
On behalf of: Republic of Azerbaijan, Switzerland, Kyrgyz Republic, Republic of Poland, Republic of Serbia, Republic of Tajikistan, Turkmenistan, Republic of Uzbekistan. PDF File Size: 225Kb
March 06, 2008 -- Transcript of a Press Briefing by Masood Ahmed, Director, External Relations Department, IMF
March 05, 2008 -- Press Release: IMF Executive Board Reviews Noncomplying Disbursements to Republic of Tajikistan and Breach of Obligations Under Article VIII, Section 5
October 20, 2007 -- IMFC Statement by Hans-Rudolf Merz, Minister of Finance, Switzerland
On behalf of: Republic of Azerbaijan, Switzerland, Kyrgyz Republic, Republic of Poland, Republic of Serbia, Republic of Tajikistan, Turkmenistan, Republic of Uzbekistan. PDF File Size: 218Kb
May 29, 2007 -- Press Release: IMF's Middle East and Central Asia Department Sees the Growth Boom Continuing in the Caucasus and Central Asia, but Highlights the Need for Vigilance Against Inflationary Pressures and Excessive External Borrowing
April 27, 2007 -- Republic of Tajikistan: 2006 Article IV Consultation - Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Tajikistan
Series: Country Report No. 07/144
April 14, 2007 -- IMFC Statement by the Honorable Hans-Rudolf Merz, Minister of Finance of Switzerland
On behalf of: Republic of Azerbaijan, Switzerland, Kyrgyz Republic, Republic of Poland, Republic of Serbia, Republic of Tajikistan, Turkmenistan, Republic of Uzbekistan. PDF File Size: 210Kb
April 10, 2007 -- Public Information Notice: IMF Executive Board Concludes 2006 Article IV Consultation with the Republic of Tajikistan
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
February 09, 2007 -- Republic of Tajikistan: Report on Observance of Standards and Codes - Fiscal Transparency Module
Series: Country Report No. 07/56
November 10, 2006 -- Press Release: IMF Working with Tajik Authorities Towards Program Under Policy Support Instrument
October 16, 2006 -- Press Release: IMF's Middle East and Central Asia Department Sees Continued Strong Growth in Central Asian Countries
September 17, 2006 -- IMFC Statement by the Honorable Hans-Rudolf Merz, Minister of Finance of Switzerland
On behalf of: Republic of Azerbaijan, Switzerland, Kyrgyz Republic, Republic of Poland, Republic of Tajikistan, Turkmenistan. PDF File Size: 184Kb
April 22, 2006 -- IMFC Statement by H. E. Hans-Rudolf Merz, Minister of Finance of Switzerland
On behalf of: Republic of Azerbaijan, Switzerland, Kyrgyz Republic, Republic of Poland, Republic of Tajikistan, Turkmenistan, Republic of Uzbekistan. PDF File Size: 989Kb
February 17, 2006 -- Republic of Tajikistan: Sixth Review Under the Poverty Reduction and Growth Facility - Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Tajikistan
Series: Country Report No. 06/62
February 17, 2006 -- Republic of Tajikistan: Ex Post Assessment of Longer-Term Program Engagement
Series: Country Report No. 06/63
February 07, 2006 -- Press Release: IMF Executive Board Completes Sixth and Final Review Under the Republic of Tajikistan's PRGF Arrangement and Approves US$14.1 million Disbursement
February 01, 2006 -- Quasi-Fiscal Deficits and Energy Conditionality in Selected CIS Countries
Author/Editor: Saavalainen, Tapio | Berge, Joy Mylène ten
Series: Working Paper No. 06/43
January 12, 2006 -- Republic of Tajikistan -- Letter of Intent, January 12, 2006
PDF File Size: 305Kb
January 05, 2006 -- Republic of Tajikistan: Poverty Reduction Strategy Paper Second Progress Report
Series: Country Report No. 06/1
January 05, 2006 -- Republic of Tajikistan: Joint Staff Advisory Note of the Poverty Reduction Strategy Paper Second Progress Report
Series: Country Report No. 06/2
January 01, 2006 -- The Macroeconomics of Remittances: the Case of Tajikistan
Author/Editor: Kireyev, Alexei
Series: Working Paper No. 06/2
December 23, 2005 -- Press Release: IMF to Extend 100 Percent Debt Relief to Tajikistan Under the Multilateral Debt Relief Initiative
December 21, 2005 -- Press Release: IMF to Extend 100 Percent Debt Relief for 19 Countries Under the Multilateral Debt Relief Initiative
December 08, 2005 -- Republic of Tajikistan - Staff Assessment of Qualification for the Multilateral Debt Relief Initiative
Subject: Multilateral debt relief initiative | Tajikistan
October 13, 2005 -- Republic of Tajikistan: Fifth Review Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criterion - Staff Report; and Press Release on the Executive Board Consideration
Series: Country Report No. 05/368
September 26, 2005 -- Press Release: IMF Executive Board Completes Fifth Review Under the Republic of Tajikistan's PRGF Arrangement and Approves US$14.3 million Disbursement
September 24, 2005 -- IMFC Statement by H. E. Hans-Rudolf Merz, Minister of Finance of Switzerland
On behalf of: Republic of Azerbaijan, Switzerland, Kyrgyz Republic, Republic of Poland, Republic of Tajikistan, Turkmenistan, Republic of Uzbekistan. PDF File Size: 727Kb
July 02, 2005 -- Republic of Tajikistan -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, July 02, 2005
PDF File Size: 231Kb
May 23, 2005 -- IMF Survey:
De Rato travels to Africa; Turkey's new loan; Cameroon; Singapore; Tajikistan; Asia's economic outlook; Kydland interview; Value-added tax; IMF trade policy; Trade conference; Political economy of hatred. PDF File Size: 716Kb
May 01, 2005 -- Regional Trade Integration and WTO Accession: Which is the Right Sequencing? An Application to the CIS
Author/Editor: Tumbarello, Patrizia
Series: Working Paper No. 05/94
April 16, 2005 -- IMFC Statement by H. E. Hans-Rudolf Merz, Minister of Finance of Switzerland
On behalf of: Republic of Azerbaijan, Switzerland, Kyrgyz Republic, Republic of Poland, Republic of Tajikistan, Turkmenistan, Republic of Uzbekistan. PDF File Size: 717Kb
April 15, 2005 -- Republic of Tajikistan: 2004 Article IV Consultation and Fourth Review Under the Poverty Reduction and Growth Facility--Staff Report; Staff Statement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Tajikistan.
Series: Country Report No. 05/132
April 14, 2005 -- Republic of Tajikistan: Selected Issues and Statistical Appendix
Series: Country Report No. 05/131
April 08, 2005 -- Republic of Tajikistan: Report on Observance of Standards and Codes--Data Module, Response by the Authorities, and Detailed Assessments Using the Data Quality Assessment Framework
Series: Country Report No. 05/130
March 25, 2005 -- Public Information Notice: IMF Executive Board Concludes 2005 Article IV Consultation with the Republic Tajikistan
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
March 21, 2005 -- Press Release: IMF Executive Board Completes Fourth Review Under the Republic of Tajikistan's Three-Year PRGF Arrangement and Approves US$15.1 million Disbursement
March 10, 2005 -- Press Release: Republic of Tajikistan Accepts Article VIII Obligations
February 17, 2005 -- Republic of Tajikistan -- Letter of Intent and Memorandum of Economic and Financial Policies, February 17, 2005
PDF File Size: 558Kb
November 29, 2004 -- Press Release: The Republic of Tajikistan Formally Begins Participation in the IMF's General Data Dissemination System
October 02, 2004 -- IMFC Statement by H. E. Hans-Rudolf Merz, Minister of Finance of Switzerland
On behalf of: Republic of Azerbaijan, Switzerland, Kyrgyz Republic, Republic of Poland, Republic of Tajikistan, Turkmenistan, Republic of Uzbekistan. PDF File Size: 82Kb
August 25, 2004 -- Republic of Tajikistan: Joint Staff Assessment of the Poverty Reduction Strategy PaperProgress Report
Series: Country Report No. 04/278
August 25, 2004 -- Republic of Tajikistan: Poverty Reduction Strategy Paper Progress Report
Series: Country Report No. 04/280
August 10, 2004 -- Republic of Tajikistan: Third Review of the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Request for Waiver of Performance Criterion--Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Tajikistan
Series: Country Report No. 04/248
August 01, 2004 -- Analysis of Recent Growth in Low-Income CIS Countries
Author/Editor: Loukoianova, Elena | Unigovskaya, Anna
Series: Working Paper No. 04/151
July 21, 2004 -- Press Release: IMF Completes Third Review of the Republic of Tajikistan's Three-Year PRGF Arrangement and Approves US$14.5 million Disbursement
July 07, 2004 -- Tajikistan -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, July 7, 2004
This Letter of Intent of the government of Tajikistan describes the policies that Tajikistan intends to implement in the context of its request for financial support from the IMF.
May 01, 2004 -- Debt Accumulation in the CIS-7 Countries: Bad Luck, Bad Policies, or Bad Advice
Author/Editor: Helbling, Thomas | Mody, Ashoka | Sahay, Ratna
Series: Working Paper No. 04/93
April 26, 2004 -- Press Release: IMF, World Bank, EBRD and AsDB Release Report on CIS-7 Initiative
April 24, 2004 -- IMFC Statement by Hon. Jean-Pierre Roth, Chairman of the Governing Board of the Swiss National Bank
On behalf of: Republic of Azerbaijan, Switzerland, Kyrgyz Republic, Republic of Poland, Republic of Tajikistan, Turkmenistan, Republic of Uzbekistan. PDF File Size: 556Kb
April 23, 2004 -- Recent Policies and Performance of the Low-Income CIS Countries -- An Update of the CIS-7 Initiative
The second report to the Executive Boards since the launch of the CIS-7 Initiative in April 2002. This Initiative was designed to increase donor awareness about the problems of these countries, and to enhance donor and country coordination. Presents a review of recent trends and developments in the seven low-income countries of the CIS, Armenia, Azerbaijan, Georgia, Kyrgyz Republic, Moldova, Tajikistan, and Uzbekistan. Also describes donor activities in support of reforms in these areas.
January 22, 2004 -- Republic of Tajikistan: Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Request for a Waiver of Performance Criterion--Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Tajikistan
Series: Country Report No. 04/17
January 16, 2004 -- Press Release: IMF Completes Second Review of the Republic of Tajikistan's Three-Year PRGF Arrangement and Approves Request for Waiver of Performance Criterion
December 19, 2003 -- Republic of Tajikistan -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, December 19, 2003
This Letter of Intent of the government of Tajikistan describes the policies that Tajikistan intends to implement in the context of its request for financial support from the IMF.
December 01, 2003 -- Country Focus: The Commonwealth of Independent States -- Finance & Development - December 2003 - Volume 40 - Number 4
A decade after starting their transition to market economies, the CIS countries have achieved impressive economic growth but need to implement further structural reforms to strengthen the investment climate; a statistical analysis illustrated with six graphs.
PDF File Size: 63 Kb
December 01, 2003 -- Bridging the "Great Divide" -- Finance & Development - December 2003 - Volume 40 - Number 4
Poorly developed financial systems in the CIS-7 countries may jeopardize their sustained growth.
PDF File Size: 195 Kb
November 12, 2003 -- Press Release: IMF Managing Director Horst Köhler's Statement at the Conclusion of a Visit to the Republic of Tajikistan
November 07, 2003 -- Press Release: IMF Managing Director Horst Köhler to Visit Armenia, Kazakhstan, Kyrgyz Republic, Russia and Tajikistan
October 01, 2003 -- Of Openess and Distance: Trade Developments in the Commonwealth of Independent States, 1993-2002
Author/Editor: Elborgh-Woytek, Katrin
Series: Working Paper No. 03/207
October 01, 2003 -- Priorities for Further Fiscal Reforms in the Commonwealth of Independent States
Author/Editor: Lorie, Henri
Series: Working Paper No. 03/209
October 01, 2003 -- Financial Development in the CIS-7 Countries: Bridging the Great Divide
Author/Editor: De Nicoló, Gianni | Geadah, Sami | Rozhkov, Dmitriy
Series: Working Paper No. 03/205
September 21, 2003 -- Statement by the Honorable Kaspar Villiger, Minister of Finance of Switzerland, on the Occasion of the International Monetary and Financial Committee (IMFC) Meeting, September 21, 2003
on behalf of Azerbaijan, Kyrgyz Republic, Poland, Serbia and Montenegro, Switzerland, Tajikistan, Turkmenistan, Uzbekistan
September 01, 2003 -- Reforming Tax Systems: Experience of the Baltics, Russia, and Other Countries of the Former Soviet Union
Author/Editor: Stepanyan, Vahram
Series: Working Paper No. 03/173
September 01, 2003 -- Nominal Anchors in the CIS
Author/Editor: Keller, Peter | Richardson, Thomas J.
Series: Working Paper No. 03/179
July 23, 2003 -- Republic of Tajikistan: First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Modification and Waivers of Performance Criteria--Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Tajikistan
Series: Country Report No. 03/222
July 21, 2003 -- Press Release: IMF Completes First Review of the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Approves Request for Modification and Waivers of Performance Criteria for the Republic of Tajikistan
June 21, 2003 -- Republic of Tajikistan -- Letter of Intent, Supplemental Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, June 21, 2003
This Letter of Intent of the government of Republic of Tajikistan describes the policies that Republic of Tajikistan intends to implement in the context of its request for financial support from the IMF.
May 10, 2003 -- Economic Performance and Trade in the CIS -- Speech by John Odling-Smee, Director, European II Department, IMF
Given at the International Conference dedicated to the 10th Anniversary of the National Currency of the Kyrgyz Republic, Bishkek
April 12, 2003 -- IMFC Statement by Kaspar Villiger, Minister Finance, Switzerland, April 12, 2003
The International Monetary and Financial Committee statement on behalf of the constituency consisting of Azerbaijan, Kyrgyz Republic, Poland, Switzerland, Serbia and Montenegro, Tajikistan, Turkmenistan, Uzbekistan
January 22, 2003 -- Press Release: Lucerne Conference on the CIS-7 Initiative
January 15, 2003 -- Republic of Tajikistan: 2002 Article IV Consultation and Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility--Staff Report; Staff Supplement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Tajikistan
Series: Country Report No. 03/10
January 07, 2003 -- Republic of Tajikistan: Selected Issues and Statistical Appendix
Series: Country Report No. 03/5
January 03, 2003 -- Public Information Notice: IMF Concludes 2002 Article IV Consultation with the Republic of Tajikistan
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
December 16, 2002 -- News Brief: CIS-7 Poverty Reduction Strategy Forum Sees New Opportunity to Reduce Poverty
December 11, 2002 -- Press Release: IMF Approves Three Year, US$87 Million Poverty Reduction and Growth Facility Arrangement for the Republic of Tajikistan
December 08, 2002 -- Tajikistan -- Supplementary Letter of Intent, December 8, 2002
This Letter of Intent of the government of Tajikistan describes the policies that Tajikistan intends to implement in the context of its request for financial support from the IMF.
December 01, 2002 -- Cross-Border Issues in Energy Trade in the CIS Countries
Author/Editor: Dodsworth, John | Mathieu, Paul Henri | Shiells, Clinton R.
Series: Policy Discussion Paper No. 02/13
November 13, 2002 -- Joint Staff Assessment of the Poverty Reduction Strategy Paper
Evaluates the strengths and weaknesses of a country's poverty reduction objectives and strategies, and in it the staffs of the IMF and World Bank make recommendations about whether the PRSP or IPRSP provides a sound basis for concessional assistance from the Bank and Fund, as well as for debt relief under the Enhanced Heavily Indebted Poor Countries (HIPC) Debt Initiative. PDF File Size: 142Kb
November 13, 2002 -- Tajikistan -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, November 13, 2002
This Letter of Intent of the government of Tajikistan describes the policies that Tajikistan intends to implement in the context of its request for financial support from the IMF.
September 28, 2002 -- IMFC Statement by the Honorable Kaspar Villiger, President of Switzerland and Minister of Finance
The International Monetary and Financial Committee statement on behalf of the of the constituency comprising Azerbaijan, Kyrgyz Republic, Poland, Switzerland, Tajikistan, Turkmenistan, Uzbekistan
September 28, 2002 -- Press Briefing on Developments in Baltic and CIS Countries, Opening Remarks by John Odling-Smee, Director, European II Department, IMF
August 02, 2002 -- Transcript of a Press Briefing By Thomas C. Dawson, Director, External Relations Department, IMF
I expect this will be my last briefing prior to the Board recess, which goes from August 12th to 26th. I suspect we will have a briefing in that first week when we are back, which will be the week before Labor Day. But we will, of course, be staffed during the recess to respond any inquiries you may have.
June 30, 2002 -- Tajikistan -- Poverty Reduction Strategy Paper
Describes the countries macroeconomic, structural, and social policies in support of growth and poverty reduction, as well as associated external financing needs and major sources of financing.
April 20, 2002 -- Press Release: Ministers Endorse International Initiative for Seven Poor Countries of the Commonwealth of Independent States
April 20, 2002 -- Statement by the Honorable Kaspar Villiger, President of Switzerland and Minister of Finance, International Monetary and Financial Committee, Washington, D.C., April 20, 2002
IMFC member for the constituency consisting Azerbaijan, Kyrgyz Republic, Poland, Switzerland, Tajikistan, Turkmenistan, Uzbekistan, Serbia and Montenegro
March 28, 2002 -- Tajikistan--Staff Monitored Program--Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, March 28, 2002
This memorandum describes the policies that Tajikistan is implementing in the framework of a staff-monitored program.
February 13, 2002 -- Press Release: IMF Executive Board Reviews Tajikistan Misreporting, Remedial Steps
February 04, 2002 -- Poverty Reduction, Growth and Debt Sustainability in Low-Income CIS Countries
Armenia, Azerbaijan, Georgia, the Kyrgyz Republic, Moldova, Tajikistan and Uzbekistan are the poorest countries in the CIS, and their transition to market-based economies over the past decade has been extremely difficult. In many cases, the economic disruptions created by the break-up of the former Soviet Union were compounded by diverse shocks, including armed conflicts and massive changes in the terms of trade. For the group as a whole, real GDP fell by an average of almost 50 percent between 1990 and 1995, and poverty and inequality increased substantially. Since then, growth has resumed, but both financial and physical (life expectancy and nutritional status) indicators of living standards remain depressed or may have deteriorated in some countries. In several cases, a large volume of external debt has also been accumulated, undermining prospects for growth and poverty reduction.
November 17, 2001 -- Statement by Mr. Jean-Pierre Roth, Chairman of the Swiss National Bank, to the International Monetary and Financial Committee, Washington, D. C., November 17, 2001
The International Monetary and Financial Committee member for the constituency consisting of Azerbaijan Republic, Kyrgyz Republic, Republic of Poland, Switzerland, Republic of Tajikistan, Turkmenistan, Uzbekistan, and the Federal Republic of Yugoslavia
October 01, 2001 -- The Russian Financial Crisis and its Consequences for Central Asia
Author/Editor: Pastor, Gonzalo C. | Damjanovic, Tatiana
Series: Working Paper No. 01/169
October 01, 2001 -- The Russian Financial Crisis and its Consequences for Central Asia
Author/Editor: Pastor, Gonzalo C. | Damjanovic, Tatiana
Series: Working Paper No. 01/169
July 27, 2001 -- Tajikistan: Second Review Under the Third Annual Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of a Performance Criterion--Staff Report and News Brief on the Executive Board Discussion
Series: Country Report No. 01/115
July 27, 2001 -- Tajikistan: Second Review Under the Third Annual Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of a Performance Criterion--Staff Report and News Brief on the Executive Board Discussion
Series: Country Report No. 01/115
July 11, 2001 -- News Brief: IMF Approves US$8 Million Loan for Tajikistan Under Third Annual PRGF Program
June 22, 2001 -- Republic of Tajikistan Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, June 22, 2001
This Letter of Intent of the government of the Republic of Tajikistan describes the policies that the Republic of Tajikistan intends to implement in the context of its request for financial support from the IMF.
May 08, 2001 -- Republic of Tajikistan: Statistical Appendix
Series: Country Report No. 01/69
April 29, 2001 -- IMFC Statement by Mr. Kaspar Villiger Minister of Finance of Switzerland Alternate Governor of the IMF for Switzerland
The International Monetary and Financial Committee member for the constituency consisting of Azerbaijan Republic, Kyrgyz Republic, Republic of Poland, Switzerland, Republic of Tajikistan, Turkmenistan, and the Serbia and Montenegro
April 29, 2001 -- IMFC and Development Committee Joint Meeting Statement by Messrs. Kaspar Villiger, Minister of Finance and Pascal Couchepin, Minister of Economic Affairs of Switzerland
The International Monetary and Financial Committee member for the constituency consisting of Azerbaijan, Kyrgyz Republic, Poland, Switzerland, Tajikistan, Turkmenistan, Uzbekistan, Serbia and Montenegro
April 24, 2001 -- Public Information Notice: IMF Concludes Article IV Consultation with the Republic of Tajikistan
Public Information Notices (PINs) form part of the IMF's efforts to promote transparency of the IMF's views and analysis of economic developments and policies.
April 24, 2001 -- Tajikistan: 2001 Article IV Consultation, First Review Under the Third Annual Arrangement Under the Poverty Reduction and Growth Facility; and Request for Waiver and Modification of Performance Criteria -- Staff Report; Public Information Notice and News Brief; Statement on Behalf of the Authorities of Tajikistan
Series: Country Report No. 01/65
April 12, 2001 -- News Brief: IMF Concludes First Review of Tajikistan's Third Annual PRGF Program
March 29, 2001 -- Tajikistan Letter of Intent and Technical Memorandum of Understanding, March 29, 2001
This Letter of Intent of the government of Tajikistan describes the policies that Tajikistan intends to implement in the context of its request for financial support from the IMF.
March 08, 2001 -- Transcript of a Joint Briefing by IMF European II Department Assistant Director, Mohammad Shadman-Valavi, and World Bank Sector Manager, Samuel Otoo, on External Debt and Fiscal Sustainability in Armenia, Georgia, Kyrgyz Republic, Moldova, and Tajikistan
These countries have received little in the way of bilateral grants and have relied increasingly on the Fund and the Bank for financial assistance. Their debt burden is expected to create serious balance of payments and fiscal difficulties and adversely affect poverty reduction efforts in these countries in the coming years.
February 07, 2001 -- Armenia, Georgia, Kyrgyz Republic, Moldova, and Tajikistan: External Debt and Fiscal Sustainability
This paper examines the debt situation in the five CIS countries that are eligible for PRGF and IDA only. It describes the size and composition of the debt and the key factors that have led to its rapid accumulation in recent years.
November 03, 2000 -- News Brief: IMF Approval of Tajikistan PRGF Credit Takes Effect
October 26, 2000 -- News Brief: IMF Management Welcomes Tajikistan's Currency Reform
October 25, 2000 -- Press Release: IMF Approves in Principle Third Annual PRGF Loan for Tajikistan
October 11, 2000 -- Letter of Intent and Memorandum of Economic Policies of the Government of Tajikistan, October 11, 2000
This Letter of Intent of the government of Tajikistan describes the policies that Tajikistan intends to implement in the context of its request for financial support from the IMF.
September 24, 2000 -- Statement to the IMFC by Mr. Kaspar Villiger, Minister of Finance of Switzerland
The International Monetary and Financial Committee member for the constituency consisting of Azerbaijan Republic, Kyrgyz Republic, Republic of Poland, Switzerland, Republic of Tajikistan, Turkmenistan, Republic of Uzbekistan
April 16, 2000 -- Statement by Mr. Kaspar Villiger, Minister of Finance of Switzerland to the International Monetary and Financial Committee, April 16, 2000
The International Monetary and Financial Committee member for the constituency consisting of Azerbaijan Republic, Kyrgyz Republic, Republic of Poland, Switzerland, Republic of Tajikistan, Turkmenistan, Republic of Uzbekistan
March 24, 2000 -- Interim Poverty Reduction Strategy Paper -- Tajikistan -- Table of Contents
Summarizes the current knowledge and analysis of a country's poverty situation, describes the existing poverty reduction strategy, and lays out the process for producing a fully developed PRSP in a participatory fashion.
March 06, 2000 -- Republic of Tajikistan: Recent Economic Developments
Series: IMF Staff Country Report No. 00/27
February 14, 2000 -- Public Information Notice: IMF Concludes Article IV Consultation with Tajikistan
Public Information Notices (PINs) form part of the IMF's efforts to promote transparency of the IMF's views and analysis of economic developments and policies.
January 27, 2000 -- News Brief: IMF Completes Tajikistan Review and Approves US$18 Million Credit Tranche
December 30, 1999 -- Tajikistan Letter of Intent, December 30, 1999
This Letter of Intent of the government of Tajikistan describes the policies that Tajikistan intends to impement in the context of its request for financial support from the IMF.
September 26, 1999 -- Statement by Mr. Kaspar Villiger, Minister of Finance, Switzerland, to the Interim Committee Meeting on September 26, 1999
The Interim Committee member for the constituency consisting of Azerbaijan, Kyrgyz Republic, Poland, Switzerland, Tajikistan, Turkmenistan, Uzbekistan
August 31, 1999 -- Economic Reforms in Kazakhstan, Kyrgyz Republic, Tajikistan, Turkmenistan, and Uzbekistan
Author/Editor: Gürgen, Emine | Snoek, Harry | Craig, J. D. | McHugh, James | Izvorski, Ivailo | van Rooden, Ron
Series: Occasional Paper No. 183
July 02, 1999 -- Press Release: IMF Approves Second Annual ESAF Loan for Tajikistan
June 18, 1999 -- Policy Framework Paper -- Tajikistan: Enhanced Structural Adjustment Facility Policy Framework Paper 1999 - 2002 Table of Contents
Describes economic objectives, macroeconomic and structural policies for three-year adjustment programs supported by ESAF resources, as well as associated external financing needs and major sources of financing
June 17, 1999 -- Tajikistan Letter of Intent, June 17, 1999
The Letter of Intent of the government of Tajikistan describes the policies that Tajikistan intends to implement in the context of its request for financial support from the IMF
December 21, 1998 -- Public Information Notice: IMF Concludes Article IV Consultation with the Republic of Tajikistan
Public Information Notices (PINs) form part of the IMF's efforts to promote transparency of the IMF's views and analysis of economic developments and policies.
December 11, 1998 -- REVISED News Brief: New Financial Support for Poorest Countries Neighboring Russia
June 25, 1998 -- Press Release: IMF Approves Three-Year ESAF Credit for Tajikistan
June 10, 1998 -- Policy Framework Papers--Tajikistan--Enhanced Structural Adjustment Facility—Policy Framework Paper, 1998–2001 Table of Contents
June 10, 1998 -- Policy Framework Papers--Tajikistan--Enhanced Structural Adjustment Facility—Policy Framework Paper, 1998-2001--Tables
June 10, 1998 -- Policy Framework Papers--Tajikistan--Enhanced Structural Adjustment Facility-Policy Framework Paper, 1998-2001 - Text
May 01, 1998 -- Government Expenditure Arrears - Securitization and Other Solutions
Author/Editor: Ramos, Alberto M.
Series: Working Paper No. 98/70
April 01, 1998 -- Press Release: IMF Approves Second Emergency Post-Conflict Credit Assistance for Tajikistan
February 11, 1998 -- Republic of Tajikistan - Recent Economic Developments
Series: IMF Staff Country Report No. 98/16
December 19, 1997 -- Press Release: IMF Approves Emergency Post Conflict Assistance for Tajikistan
September 24, 1997 -- Statement by the Hon. Yakhyo N. Azimov, Governor of the World Bank for the Republic Of Tajikistan, at the Joint Annual Discussion.
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July 08, 1996 -- Republic of Tajikistan--Recent Economic Developments
Series: IMF Staff Country Report No. 96/55
May 08, 1996 -- Press Release: IMF Approves First Credit Tranche Stand-By for Republic of Tajikistan
August 01, 1995 -- Price Measurement and Mismeasurement in Central Asia
Author/Editor: Koen, Vincent
Series: Working Paper No. 95/82
Notes: Prepared for a conference on "Poverty and Social Security in Central Asia" organized by the European University Institute, in Florence, on September 22-23, 1995, and to be published in Household Welfare in Central Asia.
August 01, 1995 -- Price Measurement and Mismeasurement in Central Asia
Author/Editor: Koen, Vincent
Series: Working Paper No. 95/82
Notes: Prepared for a conference on "Poverty and Social Security in Central Asia" organized by the European University Institute, in Florence, on September 22-23, 1995, and to be published in Household Welfare in Central Asia.

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