DUSHANBE, MAY 30 2017 (The Bulletin) — The IMF completed a mission to Tajikistan saying there had been progress over essential economic reform but more was needed before it could officially agree to a formal lending programme.
Tajikistan’s economy, and especially its banking sector, has been under increased pressure this year and it has asked for international help. The IMF has said that it will lend to Tajikistan but only if it implement various reforms first.
“The authorities indicated they wish to resume discussions on a possible IMF-supported program,” the IMF said in a statement.
“Concrete steps in key reform areas will need to be taken, building on the efforts already made by the Tajikistan authorities, to resume program negotiations.”
The IMF also said that Tajikistan needs to reform its creaking banking sector and create more jobs for its youthful population.
ENDS
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(News report from Issue No. 331, published on June 5 2017)