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IMF APPROVES POVERTY-REDUCTION LOAN FOR TAJIKISTAN

Info-Prod Research (Middle East), December, 2002

The IMF Board of Directors has approved a new three-year Poverty Reduction and Growth Facility loan of some $87 million for Tajikistan, according to an 11 December IMF press release summarized on 13 December by ITAR-TASS. IMF Deputy Managing Director and Acting Chairman Eduardo Aninat noted that over the past 18 months Tajikistan has achieved strong economic growth and reduced inflation and that fiscal performance has likewise been strong.

He added, however, that the government should pay greater attention to monetary policy and extensive structural reforms, including the privatization of state farms. LF Copyright (c) 2002. RFE/RL, Inc. Reprinted with the permission of Radio Free Europe/Radio Liberty

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