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The ancient strength in Tajikistan in summer

The ancient strength in Tajikistan in summer. iStock photo.

Tajikistan Resident Representative Site

Resident Representative Office in Tajikistan

This web page presents information about the work of the IMF in Tajikistan, including the activities of the IMF Resident Representative Office. Additional information can be found on the Tajikistan and IMF country page, including IMF reports and Executive Board documents that deal with Tajikistan.

News — Highlights

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Video: Resident Representative Ari Aisen meets with President Emomali Rahmon

On July 10, 2013 His Excellency Mr. Emomali Rahmon, President of the Republic of Tajikistan, received Mr. Ari Aisen, outgoing IMF Resident Representative in Tajikistan, and Mr. Aidyn Bibolov, the new IMF Resident Representative in Tajikistan. Mr. President thanked Mr. Aisen for the great work during 3 years (July 2010-July 2013) in Tajikistan and valuable assistance to the republic in a difficult period after the outbreak of the global financial crisis. Mr. President also welcomed Mr. Bibolov and wished him every success in his new position. The meeting was followed by a short press briefing. click for more

Article: Meeting with Resident Representative of IMF in Tajikistan Ari Aisen

President Emomali Rahmon received the Resident Representative of the International Monetary Fund in Tajikistan Ari Aisen. click for more

Meeting with Management and Teaching Staff of the Tajik National University (TNU)

On May 3, 2013 Mr. Ari Aisen, IMF Resident Representative in Tajikistan, met the Management and teaching staff of the Tajik National University (TNU), where he got acquainted with the TNU’s organizational structure and activities as well as discussed cooperation prospects in the field of training and retraining of the TNU’s teaching staff. The same day, in the TNU Mr. Aisen delivered a lecture IMF: Roots and Mandate to over 130 students of economics and answered numerous questions about IMF’s global and local activities. click for more

Presentation Overview of Tajikistan’s Financial Sector

Presentation Overview of Tajikistan’s Financial Sector made by Mr. Ari Aisen, IMF Resident Representative in Tajikistan, at the round table organized by the National Bank of Tajikistan and IMF Representative Office in Tajikistan in Dushanbe on February 14, 2013. click for more

Presentation: Financial Sector in Tajikistan

by Mr. Ari Aisen, IMF Resident Representative in Tajikistan, at the Principals' Group meeting organized by Tajikistan's Development Coordination Council in Dushanbe on January 31, 2013 click for more

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Tajikistan and the IMF

Press Release: IMF Mission Concludes the 2013 Article IV Mission to Tajikistan

April 9, 2013

Press Release: Statement at the Conclusion of an IMF Staff Mission to the Republic of Tajikistan

November 15, 2012

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

May 15, 2012
Series: Country Report No. 12/110 click for more

Press Release: IMF Executive Board Completes Sixth Review Under ECF Arrangement for Tajikistan and Approves US$20.2 Million Disbursement

May 7, 2012

Republic of Tajikistan -- Letter of Intent, April 23, 2012

April 23, 2012
PDF File Size: 411Kb click for more

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Regional Economic Outlook: Middle East and Central Asia

image from the publication cover

The near-term economic outlook for the Middle East and North Africa region has weakened. In the oil-importing countries, many of which are Arab countries in transition, regional conflict, heightened political tensions, and delays in reforms continue to weigh on growth. In this context, the immediate policy priorities are to restore confidence and create jobs, make inroads into fiscal consolidation to restore debt sustainability and rebuild buffers, and embark on structural reforms needed to support private sector-led, job-intensive growth. Most oil-exporting countries continue to enjoy steady growth in the non-oil sector, supported in part by high levels of public spending. Although headline growth has declined because of domestic oil supply disruptions and lower global demand, a recovery in oil production is expected to lift growth next year. Increased vulnerability to a sustained decline in oil prices and intergenerational equity considerations underscore the need for countries to strengthen their fiscal buffers. Key medium-term challenges remain economic diversification and faster private-sector job-creation for nationals.

Economic activity in the Caucasus and Central Asia (CCA) is expected to continue expanding rapidly, with the CCA remaining among the fastest-growing regions in the world. Growth will be driven by a recovery in the hydrocarbon sector and firm growth in domestic demand, supported in part by stable remittance inflows. Considerable downside risks weigh on this outlook, however, stemming in particular from slower-than-expected growth in Russia, an important trading partner and source of remittance inflows. CCA economies should take advantage of the favorable near-term economic conditions to rebuild fiscal policy buffers that were eroded after the global crisis. In some cases, more exchange rate flexibility would help increase resilience to unanticipated shocks while supporting competitiveness. The positive near-term outlook is also an opportunity to strengthen policy frameworks and set in motion a process of structural transformation into dynamic emerging economies. Click for more