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Tajikistan: Recent Economic Developments

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  • International Monetary Fund

Abstract

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.

Suggested Citation

  • International Monetary Fund, 1998. "Tajikistan: Recent Economic Developments," IMF Staff Country Reports 1998/016, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:1998/016
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    Cited by:

    1. Islamov, Bakhtior, 2001. "Central Asia: Problems of External Debt and Its Sustainability," Discussion Paper Series a413, Institute of Economic Research, Hitotsubashi University.
    2. Shemyakina, Olga, 2011. "The effect of armed conflict on accumulation of schooling: Results from Tajikistan," Journal of Development Economics, Elsevier, vol. 95(2), pages 186-200, July.

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