DUSHANBE, October 23, 2008, Asia-Plus — Speaking to reporters in Dushanbe on October 23, Chairman of the national Bank of Tajikistan (NBT) Sharif Rahimzoda said that Tajikistan is fulfilling its obligations on paying the misreporting-based aid back to the International Monetary Fund (IMF).
In all, Tajikistan should pay back US$47.4 million, including appropriate interest.
Tajik central bank head said that Tajikistan had paid back US$15 million of this amount so far. “We are ready to pay back the remaining amount at any time,” Rahimzoda said.
As it had been reported earlier, the IMF”s executive board in March this year reprimanded Tajikistan for violating the terms of its poverty reduction agreement with the body.
In a statement released in Washington and posted on its website, the IMF accused Tajikistan of engaging in several questionable “disbursements of funds” in 2004-05 and “breaching its obligations.” The IMF demanded that Tajikistan pay back almost $48 million in aid by early 2009; that aid was reportedly based on inaccurate financial information provided by Tajik authorities.
