29.08.2007

Joint IMF and WB mission in Tajikistan has finished its work

On the 29th of August the meeting of NBT management and the Ministries of Finance of the republic with joint mission of the World Bank (WB) and the International Monetary Fund (IMF) led by Mr.Hormoz Aghdaey, being in Tajikistan with the purpose of assessment of financial sector of the country, took place at the National Bank of Tajikistan. The head and members of the mission have presented the final review of the above-mentioned assessment. It has been noted that the given mission is the second under the program, which includes identification of vulnerable and strong positions in macroeconomics, risks and system liquidity.

The members of the mission have attracted the attention of Tajik party to positive tendencies of development of banking system of the Republic of Tajikistan, its indicators. In particular it has been noted that the banking system stably develops, the confident growth of deposits and credits goes on, significant improvements have been observed in banking supervision of the NBT, more open access to financing and increase in terms of repayment of credits are reached, active work on development and strengthening of sector of insurance is conducted and etc.

The Chairman of the National Bank of Tajikistan M. Alimardon in his turn has thanked the members of joint mission for the detailed review of the program and recommendations and he also has expressed confidence of tripartite cooperation between NBT, IMF and WB.