Meeting of Firdavs Tolibzoda with delegation of the Swiss Office for Economic Cooperation (SECO)

On August 31, 2022, a working meeting of the First Deputy Chairman of National Bank of Tajikistan Tolibzoda Firdavs Nazrimad with Head of operations at SECO in the South and East countries, Mr. Martin Saladin, and Director of Swiss  Cooperation Office (SCO) in Tajikistan, Ms. Salome Steib was held in the National Bank of Tajikistan.

During the meeting, First Deputy Chairman of the National Bank of Tajikistan Tolibzoda Firdavs highly appreciated the level and quality of cooperation between the National Bank of Tajikistan and SECO and briefly informed Martin Saladin and the Swiss side about the country's macroeconomic situation and banking system.

It was noted that efficient cooperation has been established between the National Bank of Tajikistan and individual government authorities and institutions of Switzerland, which fully meets the interests of both parties. In particular, the National Bank of Tajikistan cooperates with SECO in the field of ensuring financial stability, strengthening the banking system, protecting the rights of consumers of financial services and developing the payment system, and SECO also provides the National Bank of Tajikistan with technical advisory assistance for development of the country's banking system.

Firdavs Tolibzoda has expressed gratitude to the Swiss side for the technical advisory assistance provided by SECO and expressed hope for further deepening of cooperation between the parties in strengthening the stability of banking system, developing the payment system and protecting the rights of financial services consumers.

It was emphasized that the National Bank of Tajikistan, in cooperation with SECO and the World Bank, has prepared the “National Strategy for Financial Inclusion 2022-2026”, which was approved by the Decree of the Government of the Republic of Tajikistan on July 1, 2022.

We are confident that SECO will make efforts to provide assistance for implementation of this Strategy.

In turn, Head of operations at SECO in the South and East countries Martin Saladin has expressed interest in continuing mutually beneficial cooperation between the parties in these areas. Then the parties have discussed issues related to implementation of SECO technical assistance to the National Bank of Tajikistan, including the provision of technical assistance for implementation of a corporate governance development project, creation of a regulatory framework for the payment system, advisory and technical assistance for establishment of a Banking Academy, support of SECO in the establishing correspondent relations between Tajik banks and foreign banks, development of new SECO programs in the Republic of Tajikistan and other important issues.
 

The meeting was held in the atmosphere of mutual understanding and parties have expressed their readiness to expand and strengthen mutually beneficial cooperation. It should be noted that the meeting was also attended by SECO Economic Program Coordinator Malika Ibrohimova, SECO Macroeconomic Programs Expert in the Republic of Tajikistan Mavzuna Shozodayeva and heads of a number of structural subdivisions of the National Bank of Tajikistan.

Press Division