Republic of Tajikistan: Staff Report for the 2004 Article IV Consultation and Fourth Review Under the Poverty Reduction and Growth Facility

Publication Date:

April 15, 2005

Electronic Access:

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Summary:

This paper examines Tajikistan’s 2004 Article IV Consultation and Fourth Review Under the Poverty Reduction and Growth Facility. Strengthened fiscal discipline and tighter monetary policy have reduced inflation from 40 percent in 2001 to 5.6 percent in 2004. Strong growth in tax revenues and continued expenditure restraint contributed to small fiscal surpluses during the past two years. Nonetheless, progress in a number of priority reform areas envisaged in the Poverty Reduction Strategy Paper has been slow. In particular, the business environment and public and private sector transparency and governance need to be strengthened further.

Series:

Country Report No. 2005/132

Subject:

English

Publication Date:

April 15, 2005

ISBN/ISSN:

9781451837063/1934-7685

Stock No:

1TJKEA2005003

Pages:

99

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