Republic of Tajikistan: Third Review of the Three–Year Arrangement Under the Poverty Reduction and Growth Facility, and Request for Waiver of Performance Criterion
August 10, 2004
Summary
This paper examines Tajikistan’s Third Review of the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF), and Request for Waiver of Performance Criterion. Performance under the PRGF has been generally satisfactory. All quantitative performance criteria, two of the three structural performance criteria, and two of the three structural benchmarks were met through end-May 2004. The continuous structural performance criterion prohibiting directed credit by the National Bank of Tajikistan was not observed in May 2004, but this credit was repaid/reversed by late June, and a waiver is requested on this basis.
Subject: Banking, Budget planning and preparation, Commodity prices, Expenditure, Monetary base, Money, Poverty reduction strategy, Prices, Public financial management (PFM), Revenue administration
Keywords: Budget planning and preparation, Central Asia, Commodity prices, cotton spot price, CR, Europe, Global, ISCR, Monetary base, PRGF loan, Republic of Tajikistan's Three-Year PRGF arrangement, spot price, State revenue, Tajik authorities
Pages:
84
Volume:
2004
DOI:
Issue:
248
Series:
Country Report No. 2004/248
Stock No:
1TJKEA0022004
ISBN:
9781451837018
ISSN:
1934-7685





