Republic of Tajikistan: Staff-Monitored Program

June 30, 2008

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Format: Chicago

Republic of Tajikistan: Staff-Monitored Program, (USA: International Monetary Fund, 2008) accessed September 18, 2024

Summary

The proposed Staff-Monitored Program (SMP) in Tajikistan includes a balanced budget objective with a view to securing the inflation goal. While public financial management has improved, there is an agreement that monitoring and corporate governance of state-owned enterprises should be enhanced. Monetary policy will aim at containing inflation by targeting reserve money while building up official foreign exchange reserves. To mitigate risks of future debt problems, the program includes a well-defined and cautious debt strategy. The authorities are taking steps to reinvigorate their cotton sector reform efforts.

Subject: Agricultural commodities, Banking, Commodities, Education, Financial institutions, Infrastructure, Monetary base, National accounts, Project loans, Public financial management (PFM), Revenue administration

Keywords: Agricultural commodities, Balance, Broad money, Central Asia, Central bank, CR, Current account, Exchange rate, Government, Infrastructure, ISCR, Monetary policy, Private sector, Project loans, South Asia

Publication Details

Pages:

59
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2008/197
Stock No:

1TJKEA2008001
ISBN:

9781451837148
ISSN:

1934-7685

Notes

Also available in Russian

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