On October 17, 2025, Firdavs Tolibzoda, Chairman of the National Bank of Tajikistan, participated in the IMF Directors' Advisory Meeting for the Middle East and Central Asia. At the meeting, the Directors have received an overview of the monetary situation in the region and exchanged views on financial market volatility, financing climate change projects, preparing the financial sector for a green future, digitalization of the economy, strategies for ensuring financial sector resilience, the role of governing bodies in mitigating climate risks in the financial sector and other issues.
In particular, Firdavs Tolibzoda, Chairman of the National Bank of Tajikistan, has delivered a speech on strengthening economic stability and regional development prospects, noting that uncertainty and changes in monetary policy in large economies, liquidity fluctuations in global markets, and exchange rate volatility could impact the economies of smaller countries. In order to mitigate these risks, the Republic of Tajikistan is strengthening its international reserves and improving its debt management system. At the same time, the National Bank of Tajikistan is gradually improving its transition to an inflation targeting regime, increasing the transparency of its policies and public communications. It was noted that, as part of the Financial Inclusion Strategy for 2022–2026, numerous projects aimed at supporting women, youth and small businesses are being implemented. These initiatives will not only enhance financial inclusion but also develop human capital and digital entrepreneurship in the region.
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On the same day, Firdavs Tolibzoda, Chairman of the National Bank of Tajikistan, met with Mr.Takashi Nagaoka, Regional Director for Asia and the Pacific at the International Monetary Fund. During the meeting, the parties have discussed strengthening cooperation between countries in the region and strengthening institutional capacity within the JISPA program.
Press Division
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17.10.2025
