The National Bank of the Republic of Tajikistan reported that Tajikistan’s strong economic growth has continued in 2025 with inflation kept at an acceptable level, a favourable external environment and a further decline in the public debt-to-GDP ratio, and noted that the International Monetary Fund has completed its Article IV consultation and the second review under the Policy Coordination Instrument, with all quantitative targets met except one and reform objectives broadly delivered, alongside a call for reforms in governance and transparency to address structural vulnerabilities, support job creation and improve the business environment.
National Bank of the Republic of Tajikistan 2025-06-24
National Bank of the Republic of Tajikistan notes IMF completion of Tajikistan Article IV consultation and second PCI review
The National Bank of the Republic of Tajikistan reported strong economic growth in 2025, with acceptable inflation and a declining public debt-to-GDP ratio. The International Monetary Fund completed its Article IV consultation and the second review under the Policy Coordination Instrument, meeting all quantitative targets except one. The IMF urged governance and transparency reforms to address structural vulnerabilities and improve the business environment.