Meeting of Jamoliddin Nuraliev with the IMF delegation

Implementation of economic reforms and other issues of fruitful cooperation for securing financial stability were considered during the meeting of First Deputy Chairman of the NBT with group of Representatives of the IMF in Tajikistan headed by Ms. Padamja Khandelwal, which is on a working trip in the Republic of Tajikistan from 4 to 14 of March, 2019, held on March 5, 2019.

In the beginning of a meeting Jamoliddin Nuraliev, First Deputy Chairman of the NBT has introduced the IMF delegation with brief commentary of present-day macroeconomic and banking system situation in the Republic of Tajikistan, including on process of realization of monetary and exchange rate policy, changes in internal currency market, financial stability of banking system and structural reforms, and expressed gratitude to the IMF for fruitful cooperation.

In turn, Ms. Padamja Khandelwal, Head of the IMF mission to Tajikistan, expressed satisfaction on the results of reforms in banking system of the Republic of Tajikistan, and expressed the opinion on extension of further cooperation for development of New Economic Reform Programme.

Then Murad Omoev, IMF expert made presentation on “Effects of external factors to economy of the Republic of Tajikistan” with detailed analyses on situation of Balance of Payment in the major trade partners countries and its effect on efficient rate of real national currency, and also by Sanan Mirzoev, another IMF expert made presentation on effective management of international reserves of the Republic of Tajikistan on the base of separate microeconomic indicators to the attendees.

During discussion the participants have exchanged their views on external influence to the domestic exchange market situation, export capacity of the country and dependence on import, inflation rate, international reserves management and national economy vulnerability level.

It should be noted that representatives of the IMF under the leadership of Ms. Padamja Khandelwal, with the purpose of study of current situation of economy, including financial-banking system for designing new economic reform programme, is on a business trip from 4th to 14th of March, 2019 in the Republic of Tajikistan, will hold meetings with major ministries and departments.

Press Division
NBT