European Parliament Library

Republic of Tajikistan, Staff-Monitored Program, International Monetary Fund

Abstract
The proposed Staff-Monitored Program (SMP) in Tajikistan includes a balanced budget objective with a view to securing the inflation goal. While public financial management has improved, there is an agreement that monitoring and corporate governance of state-owned enterprises should be enhanced. Monetary policy will aim at containing inflation by targeting reserve money while building up official foreign exchange reserves. To mitigate risks of future debt problems, the program includes a well-defined and cautious debt strategy. The authorities are taking steps to reinvigorate their cotton sector reform efforts
Table Of Contents
Cover; Contents; Executive Summary; I. Introduction and Background; II. Recent Economic Developments; Boxes; 1. Central Bank Autonomy and Governance; III. Program Discussions; 2. Special Audit of the National Bank of Tajikistan; A. Macroeconomic Framework for 2008; 3. Status of Safeguards Issues; B. Fiscal Policy; C. Monetary and Exchange Rate Policies; D. Debt Strategy; E. Structural Policies; F. Program Monitoring and Risks; IV. Staff Appraisal; 4. Cotton Sector Reforms; Figure; 1. Recent Economic Developments; Tables; 1. Selected Macroeconomic Indicators, 2005-09
Language
eng
Literary Form
non fiction
Copyright
Edition
First edition.
Note
Description based upon print version of record
Physical Description
1 online resource (61 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9786613871312

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