Tajikistan negotiating Policy Support Instrument

News|Bretton Woods Project|23 November 2006|update 53|url
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The IMF resident representative to Tajikistan, Luc Moers, issued a statement in November indicating that the country's government had chosen "to work towards a programme under the Policy Support Instrument". This would make Tajikstan the fourth country to opt for a PSI, a non-lending facility of the IMF that operates like a Poverty Reduction and Growth Facility loan in terms of the conditions attached, but does not provide any actual resources. Tajikstan's second PRGF programme concluded in February with a positive IMF assessment of the country's performance. Other PSI countries are Cape Verde, Uganda and Nigeria.

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Published: 23 November 2006 , last edited: 13 December 2006

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