Executive Board
Calendar
Board Discussions
on the Republic of Tajikistan:

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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

Transactions with the Fund


Resident Representative Office in Tajikistan

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Republic of Tajikistan and the IMF
Updated November 19, 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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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.

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