Republic of Tajikistan: 2019 Article IV Consultation-Press Release and Staff Report

2019 Article IV Consultation-Press Release and Staff Report
READ MORE...
Volume/Issue: Volume 2021 Issue 200
Publication date: September 2021
ISBN: 9781513595931
$5.00
Add to Cart by clicking price of the language and format you'd like to purchase
Available Languages and Formats
paperback else
pdf else
epub else
English
Prices in red indicate formats that are not yet available but are forthcoming.
Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Exports and Imports , Money and Monetary Policy , Public Finance , Business and Economics - Statistics , International - Economics , debt vulnerability , medium debt-carrying capacity , bank governance , NBT reform action plan , depositor confidence , A , exchange rate Policy , dynamics equation , debt recording , Exchange rate flexibility , Exchange rates , Global , Central Asia

Also of interest
Summary

Reported economic activity has been strong in 2018-19 and inflation has picked up. The monetary framework is being strengthened. The external position has deteriorated. The fiscal deficit has widened as revenues have declined. Reforms to place the loss-making energy sector on a sound financial footing are underway. The authorities’ development strategy relies on large infrastructure projects— Roghun dam and other large SOE-implemented projects — that need sizable external financing. The financial sector is recovering from the 2015-16 crisis, with a decline in nonperforming loans and improved profitability. The authorities are making efforts to strengthen bank supervision and regulation. However, two formerly-systemic banks remain insolvent and further reforms are needed to restore public confidence in banks.