Office Activities
-
An International Monetary Fund (IMF) staff mission, led by Mr. Paul Ross, visited Tajikistan
An International Monetary Fund (IMF) staff mission, led by Mr. Paul Ross, visited Tajikistan from August 22 to 31, 2016 to discuss macroeconomic policies and the structural reform agenda with the National Bank of Tajikistan (NBT) and the government. The authorities and the IMF staff team held fruitful discussions on Tajikistan’s recent economic performance, developments in the banking sector, the authorities’ macroeconomic policy framework, and reform plans. The mission noted the good progress made in discussions, which creates a positive momentum toward agreement, and looks forward to continuing these discussions in the coming weeks.
September 16, 2016
-
IMF presentation at the Branch of Lomonosow Moscow State University in Dushanbe
On May 31st , 2016, Mr. Aidyn Bibolov, IMF Resident Representative in Tajikistan delivered a presentation about the IMF’s work in Tajikistan at the branch of the Lomonosow Moscow State University in Dushanbe (MSU). The presentation was attended by students of the 2nd and 3rd courses of the following faculties of the university: State and Municipal Administration; Geology; Chemistry, Physics and Mechanics of Materials. Mr. Abdurashid Davlyatov, Head of the Sector for International Relations, welcomed the IMF team, and expressed his desire for the long and fruitful cooperation between the IMF office in Tajikistan and the MSU. Ms. Zuhro Qurbonova, Economist of the IMF office in Tajikistan, delivered analysis of the headline economic indicators for Tajikistan. The presentation was followed by a very lively Q&A session from the students and the teaching staff of the institute. The participants received copies of REO bulletins, Finance and Development Magazines, and other IMF publications in English and Russian languages.
June 3, 2016
-
IMF REO Update at the American Chamber of Commerce business breakfast
Mr. Aidyn Bibolov, IMF Resident Representative in Tajikistan, was invited as a Guest Speaker to present the Regional Economic Outlook Update 2016 for Middle East and Central Asia at the AmCham business breakfast on May 26, 2016. The presentation was well attended with over 30 participants - Heads and Representatives of international companies and organizations, and diplomatic community. The presentation was well received and was followed by a lively Q&A session. The questions were related to different aspects of the business climate of the country. The AmCham Board thanked Mr. Bibolov for the presentation and expressed hope for continued cooperation. The participants received copies of the IMF publications.
May 26, 2016
-
IMF office meets the students and faculty (русский)
IMF Resident Representative Office delivered presentations at leading universities in Dushanbe; December 2015
April 29, 2016
-
The Resident Representative Office in Tajikistan continues to build upon its outreach activities with academia and university students. The month of May, marked series of presentations delivered at prominent universities of the country.
May 31, 2015
IMF's work on Tajikistan
-
How More Effective Monetary Policy Can Tame Inflation in the Caucasus and Central Asia
August 28, 2023
Addressing persistent inflation also requires tackling structural factors that are making monetary policy less effective.
-
How to Accelerate Economic Growth in the Caucasus and Central Asia
July 10, 2023
Since independence in the early 1990s, income levels and living standards in the Caucasus and Central Asia (CCA) have improved but remain well below the levels of emerging Europe. In the medium-term, reforms can increase output in the region by 5 to 7 percent.
-
March 28, 2023
Series:Country Report No. 2023/125
-
IMF Executive Board Concludes 2022 Article IV Consultation with the Republic of Tajikistan
March 24, 2023
Tajikistan continued to experience strong growth in 2022, with minimal disruption from the war in Ukraine as strong financial inflows supported domestic demand and liquidity. Real GDP increased by 8 percent in 2022, while higher remittances kept the current account in surplus and helped increase FX reserves to around 8 months’ import coverage. Twelve-month inflation remained well-contained at 4.2 percent in December, below the mid-point of the NBT’s medium-term target range of 6 (±2) percent. The fiscal deficit is estimated at 1.4 percent of GDP in 2022, implying a modest expansion due to increased capital spending, but remained below the 2.5 percent of GDP deficit target, helping to anchor a projected decline in public debt to 35 percent of GDP. Financial soundness indicators continued to improve as the resolution of two large banks in 2021 has helped clean up legacy loans in the banking system.
-
Tajikistan: Staff Concluding Statement of the 2022 Article IV Mission
December 23, 2022
Tajikistan: Staff Concluding Statement of the 2022 Article IV Mission
Regional Economic Outlook
October 12, 2023
Building Resilience and Fostering Sustainable Growth
Across the Middle East and Central Asia, the combined effects of global headwinds, domestic challenges, and geopolitical risks weigh on economic momentum, and the outlook is highly uncertain. Growth is set to slow this year in the Middle East and North Africa region, driven by lower oil production, tight policy settings in emerging market and middle-income economies, the conflict in Sudan, and other country-specific factors. In the Caucasus and Central Asia, although migration, trade, and financial inflows following Russia’s war in Ukraine continue to support economic activity, growth is set to moderate slightly this year.
Read the Report