IMF Staff Country Reports

Republic of Tajikistan: Third Review under the Policy Coordination Instrument-Press Release; and Staff Report

January 9, 2026

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Format: Chicago

International Monetary Fund. Middle East and Central Asia Dept. "Republic of Tajikistan: Third Review under the Policy Coordination Instrument-Press Release; and Staff Report", IMF Staff Country Reports 2026, 001 (2026), accessed 1/10/2026, https://doi.org/10.5089/9798229035842.002

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Summary

Strong growth has continued during 2025 as large financial inflows have contributed to robust domestic demand, but the medium-term outlook remains vulnerable to a less favorable external environment in the context of regional and global uncertainty. Tajikistan’s favorable economic performance creates an opportunity to deepen reforms to address structural vulnerabilities and support domestic job creation.

Subject: Commodities, Electricity, Foreign exchange, Government debt management, Public debt, Public financial management (PFM)

Keywords: Electricity, Government debt management