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
April 24, 2001
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As regards the performance under the third year arrangement, all performance criteria for end-December 2000 have been met, with the exception of the net domestic assets (NDA) target for the National Bank of Tajikistan (NBT). For several years, Tajikistan has been implementing an economic reform program intended to foster growth and poverty reduction through the development of the private sector and market-oriented mechanisms. Fiscal performance is satisfactory, but slippages in monetary policy have led to a surge in inflation and a sizable currency depreciation.
Subject: Banking, Credit, Debt service, Exchange rates, External debt, Foreign exchange, Monetary base, Money
Keywords: adjustment effort, auditing agency, authority, CR, Credit, Debt service, Exchange rates, expenditure restraint, ISCR, Monetary base, PRGF program, Tajik authorities, Tajikistan
Pages:
85
Volume:
2001
DOI:
Issue:
065
Series:
Country Report No. 2001/065
Stock No:
1TJKEA0012001
ISBN:
9781451836967
ISSN:
1934-7685
