Publication Type:Other implementing country documents
Quasi-fiscal expenditures of state enterprises in the extractive sector of Tajikistan (in Russian)
This report attempts to examine the state of affairs with quasi-fiscal expenditures in the extractive industries of Tajikistan. Based on the methodology of the IMF and the use of international experience, an approach has been identified to identify and systematize quasi-fiscal expenditures, their nature, types and forms of manifestation in the activities of state-owned enterprises in the extractive sector.
Based on the analysis of the legislative framework and the practice of financial transactions, a monitoring of the current practice in Tajikistan was conducted.
Numerous interviews with stakeholders on the practice of financial and non-financial relationships between enterprises and government agencies made it much easier for researchers to assess the refractions of typical quasi-fiscal operations in the real practice of the country.
Given that such work is carried out for the first time in the country, its results can be useful not only for the EITI reporting and the work of the multi-stakeholder EITI stakeholder group of Tajikistan, but also used in general to implement certain reform measures to improve the system of financial relations between state enterprises and the state itself.
The authors of the study thank all the people involved in the process of research, representatives of state agencies, enterprises, civil sector, international financial institutions, as well as the Tajikistan EITI Secretariat for invaluable help and advice during the interview in Tajikistan, and follow-up work on the report.
Note by the International Secretariat: this study is part of addressing the corrective action as identified in the decision of the EITI International Board as part of Tajikistan's 2016 Validation. See point 15 here.