Tajikistan authorities reached a staff-level agreement on support for their 2011 economic program with members of an International Monetary Fund mission that visited the country Sept. 13-24. If adopted by the IMF executive board, the agreement would free up USD20 million worth of financing for the implementation of Tajikistan’s economic plan for 2011. The IMF mission, which also reviewed the country’s economic performance, predicted that Tajikistan’s economy will grow by at least 5 percent in 2011. Inflation could decline by up to 7 percent, barring external shocks, the mission added.

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    • Ivy Mungcal

      As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.