This occasional paper provides an overview of the economic reform experiences of the Central Asian states of the former Soviet Union since their independence at the turn of the decade. The choice of countries reflects not only a geographical grouping, but also similarities in the types of...

An IMF staff team has visited Dushanbe during April 23–May 3, 2001, to undertake the second review of the third annual arrangement under the Poverty Reduction and Growth Facility (PRGF). With the exception of a continuous performance criterion pertaining to the accumulation of external...

Against the backdrop of a serious deterioration in its terms of trade and a large reversal of private capital flows following the Russian crisis in August 1998, the Tajik economy has entered a period of adjustment. Output growth has slowed down, inflation has flared up, and the exchange rate has...