Republic of Tajikistan: Selected Issues and Statistical Appendix

Author: International Monetary Fund

Volume/Issue: Volume 2005 Issue 131

Publication date: April 2005

ISBN: 9781451837056

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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.

Business and Economics , Exports and Imports , Labor , Public Finance , Taxation - General , ISCR , CR , Tajikistan , wage , debt , remittance , Tajik economy , labor migration , wage bill , growth prospect , recovery level , Corporate income tax , Tariffs , Commercial banks , Central Asia , Global , Central and Eastern Europe

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Summary

This Selected Issues paper analyzes the sources of recent growth in Tajikistan. It concludes that economic growth has been mainly driven by the services sector and a surge in remittances that have been mainly used for private consumption and small-scale private investment. The paper summarizes the recently introduced revisions to the Tax Code, which are an evolutionary step in simplifying the tax system and setting the base for better revenue administration. It also examines the likely impact on households of increasing electricity prices to cost-recovery levels.