The IMF team and the Tajik government reached a staff-level agreement on a set of macroeconomic policies and structural reforms that would support the approval of a new program under the Policy Coordination Instrument (PCI). The Tajik economy has returned to robust and broad-based growth following the COVID-19 pandemic. A tight monetary stance has helped keep inflation well contained while the fiscal deficit has remained within the authorities’ medium-term target. The requested PCI aims to maintain macroeconomic stability and strengthen the authorities’ policy frameworks while advancing governance and transparency reforms to achieve more sustainable and inclusive growth.
Source: IBP