Tajikistan

updated:2020-08-03    

 

The authorities have requested disbursement under IMF Rapid Credit Facility instrument. On May 6, 2021, the IMF Executive Board approved a disbursement of US $189.5 million for budget support to help Tajikistan. Discussions with other development partners, including the World Bank and Asian Development Bank are ongoing on financial support to Tajikistan. The authorities are concerned about debt sustainability and are preparing consolidation measures that can be implemented over the medium term.

 

The Government is providing VAT exemptions on essential imports, lump-sum assistance equivalent to minimum wage to vulnerable households and other socially disadvantaged groups. 

 

Health workers are to receive supplemental pay, while tariff increases on electricity, water, and communal services have been postponed until end of 2020. Government is providing free medical care to citizens placed under medical care and COVID-19 patients, as well as sick leave and compensation benefits. 

 

Government is providing grain, seed and fuel to farms to boost food security, and time-bound tax holidays and relief to targeted industries and small businesses until September 1, 2020. 

 

Anti-COVID measures also include financial support to SMEs and subsidizing food for population. 

 

Recently, Tajikistan was granted a debt relief around USD50 million under G20 DSSI initiative. These funds were also included to Anti-COVID envelop under supplementary budget currently being discussed in the Parliament.

 
 
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