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Tajikistan: Recent Economic Developments
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 1998: Issue 016
Language:
English
Publication Date:
11 Feb 1998
DOI:
https://doi.org/10.5089/9781451836943.002
ISBN:
9781451836943
ISSN:
1934-7685
Pages:
122
Keywords:
ISCR; CR; debt service; broad money; budget deficit; foreign exchange; savings bank; economic activity; Tajik ruble; state enterprise; Agricultural commodities; Credit; Commercial banks; Currencies; Central Asia; Europe; Asia and Pacific
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This paper reviews economic developments in the Republic of Tajikistan during 1994–97. In 1996, the authorities embarked on their first comprehensive effort at economic reform, supported by financial assistance from the World Bank and the IMF. Although implementation was uneven, the authorities were successful in achieving a degree of macroeconomic stability during the first three quarters of 1996; progress was also made on structural reforms. However, confronted with substantial unanticipated expenditures, the budget deficit increased substantially in late 1996 and the first half of 1997.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund