This web page presents information about the work of the IMF in Tajikistan, including the activities of the IMF Resident Representative Office. Additional information can be found on the Tajikistan and IMF country page, including IMF reports and Executive Board documents that deal with Tajikistan.
Tajikistan and IMF

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Tajikistan: At a Glance

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Office Activities

IMF Presentations

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    IMF presentation at the Branch of Lomonosow Moscow State University

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    IMF presentation at the Branch of Lomonosow Moscow State University

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    IMF presentation at the Branch of Lomonosow Moscow State University

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    IMF presentation at the Branch of Lomonosow Moscow State University

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    IMF presentation at the Branch of Lomonosow Moscow State University

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    IMF REO Update at the American Chamber of Commerce

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    IMF REO Update at the American Chamber of Commerce

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    IMF REO Update at the American Chamber of Commerce

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    IMF REO Update at the American Chamber of Commerce

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    IMF REO Update at the American Chamber of Commerce

  • An International Monetary Fund (IMF) staff mission, led by Mr. Paul Ross, visited Tajikistan

    An International Monetary Fund (IMF) staff mission, led by Mr. Paul Ross, visited Tajikistan from August 22 to 31, 2016 to discuss macroeconomic policies and the structural reform agenda with the National Bank of Tajikistan (NBT) and the government. The authorities and the IMF staff team held fruitful discussions on Tajikistan’s recent economic performance, developments in the banking sector, the authorities’ macroeconomic policy framework, and reform plans. The mission noted the good progress made in discussions, which creates a positive momentum toward agreement, and looks forward to continuing these discussions in the coming weeks.

    September 16, 2016

  • IMF presentation at the Branch of Lomonosow Moscow State University in Dushanbe

    On May 31st , 2016, Mr. Aidyn Bibolov, IMF Resident Representative in Tajikistan delivered a presentation about the IMF’s work in Tajikistan at the branch of the Lomonosow Moscow State University in Dushanbe (MSU). The presentation was attended by students of the 2nd and 3rd courses of the following faculties of the university: State and Municipal Administration; Geology; Chemistry, Physics and Mechanics of Materials. Mr. Abdurashid Davlyatov, Head of the Sector for International Relations, welcomed the IMF team, and expressed his desire for the long and fruitful cooperation between the IMF office in Tajikistan and the MSU. Ms. Zuhro Qurbonova, Economist of the IMF office in Tajikistan, delivered analysis of the headline economic indicators for Tajikistan. The presentation was followed by a very lively Q&A session from the students and the teaching staff of the institute. The participants received copies of REO bulletins, Finance and Development Magazines, and other IMF publications in English and Russian languages.

    June 3, 2016

  • IMF REO Update at the American Chamber of Commerce business breakfast

    Mr. Aidyn Bibolov, IMF Resident Representative in Tajikistan, was invited as a Guest Speaker to present the Regional Economic Outlook Update 2016 for Middle East and Central Asia at the AmCham business breakfast on May 26, 2016. The presentation was well attended with over 30 participants - Heads and Representatives of international companies and organizations, and diplomatic community. The presentation was well received and was followed by a lively Q&A session. The questions were related to different aspects of the business climate of the country. The AmCham Board thanked Mr. Bibolov for the presentation and expressed hope for continued cooperation. The participants received copies of the IMF publications.

    May 26, 2016

  • IMF office meets the students and faculty (русский)

    IMF Resident Representative Office delivered presentations at leading universities in Dushanbe; December 2015

    April 29, 2016

  • IMF presentations at the Finance and Economics Institute of Tajikistan, Russian-Tajik Slavonic University and Tajik Technical University of Tajikistan

    The Resident Representative Office in Tajikistan continues to build upon its outreach activities with academia and university students. The month of May, marked series of presentations delivered at prominent universities of the country.

    May 31, 2015

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IMF's work on Tajikistan

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Regional Economic Outlook

Caucasus and Central Asia: Battered by External Shocks

REGIONAL ECONOMIC OUTLOOK Update April 2016

Economic growth has slowed to a two-decade low in the Caucasus and Central Asia (CCA) region, owing to the large and sustained decline in commodity prices, wide-ranging spillovers from Russia's recession, and the slowdown and rebalancing of China's economy. Fiscal and external balances have deteriorated and financing costs have risen. Although currency weakening and fiscal easing have helped to mitigate the impact of these shocks, inflation and financial sector vulnerabilities have increased, in some cases exacerbated by policy uncertainty. Strengthening macroeconomic policy frameworks and financial sector supervision is essential to maintain stability in these challenging circumstances. Fiscal policy should strike a balance, depending on the size of buffers and available financing, between supporting economic activity in the near term and ensuring debt sustainability over the medium term. Intensifying structural reforms would facilitate the adjustment by boosting medium-term economic prospects, improving competitiveness, and creating jobs. Read the report