Republic of Tajikistan: Joint Staff Assessment of the Poverty Reduction Strategy Paper Progress Report
International Monetary Fund, Aug 25, 2004 - Business & Economics - 10 pages
This paper presents key findings of the Joint Staff Assessment of Tajikistan’s Poverty Reduction Strategy Paper Progress Report. Macroeconomic management has improved, and some structural reforms have been implemented, but serious institutional weaknesses hinder effective policy implementation. Privatization of a number of hitherto state-owned enterprises and increasing remittances from migrant workers have facilitated the development of private sector activities in the service sector, and thus contributed to a gradual diversification of the sources of growth. Good progress has also been achieved in maintaining the fiscal discipline.
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accelerate Barki Tajik CG meeting civil society community link development context decline donor coordination drawing-up the PRSP encourage the authorities energy sector enhance expenditures in light external debt external shocks farm privatization fiscal health and education health-care improving monitoring include detailed costing increasing diversification institutional capacity institutional weaknesses International Development Association International Monetary Fund Joint Staff Assessment limited absorption capacity living standards macroeconomic framework Macroeconomic management management has improved medium-term budget framework Ministry of Finance monetary policy monitoring and evaluation monitoring indicators policy implementation policy trade-offs POVERTY DIAGNOSIS poverty line Poverty Reduction Strategy prioritize expenditures PRSP implementation PRSP Progress Report public administration public expenditure management public spending reducing poverty reduction in inflation Reduction Strategy Paper remittances rent-seeking sector reforms society and parliamentarians sources of growth staffs encourage stakeholders structural reforms sustaining growth Tajikistan targeting TLSS transparency vested interest groups welfare of farmers World Bank