NBT will continue cooperation with IMF

Issues of continuation of effective economic reforms implementation and other aspects of mutually beneficial cooperation on financial stability maintenance have been considered at the meeting of Mr. Jamoliddin Nuraliev, First Deputy Chairman of the National Bank of Tajikistan and Mr. Umed Latifov, Deputy Chairman of Bank with representatives of the International Monetary Fund – Mr. David Grigoryan, Mr. Darko Bohnec and Mr. Aydin Bibolov which took place on September 28, 2015.

In the beginning of meeting Mr. Jamoliddin Nuraliev has noticed that the National Bank of Tajikistan adheres to principles of economic reform development and appreciates for multilateral technical assistance provided by the IMF. Also, he has underlined that in connection with restructuring of bank and according to the recommendations of the IMF Program of estimation of financial sector in the National Bank of Tajikistan is established new structural division – Financial Stability and Risk Analysis Management which already functioning. As it is known, now specialists of new established structure need technical assistance and advices of experienced experts of the IMF.

During meeting First Deputy Chairman of the National Bank of Tajikistan has paid attention of the IMF representatives to the following issues: development of the macroprudential policy and key indicators of financial stability, definition of the basic advisory issues and administrative functions of the Financial Stability Committee, development of primary goals and functions of new established Management, systemic risks management in financial sector, definition of requirement for use of analytical computer programs, and also carrying out of empirical researches under systemic risks management.
Mr. David Grigoryan has declared that the purpose of their visit to Tajikistan, especially to the NBT according to the plan is technical assistance to the Financial Stability and Risks Analysis Management. It was noticed that they already conduct work in this direction.

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