The National Bank of the Republic of Tajikistan said its chairman, Firdavs Tolibzoda, met with S&P Global Ratings analysts Roman Ribalkin and Maxim Ribnikov to discuss the country’s banking system, monetary policy, financial stability, management of international reserves and the implementation of an inflation-targeting regime. The meeting served as a briefing on current banking and macro-financial conditions in Tajikistan. Tolibzoda provided information on the condition of the banking system, monetary policy, inflation developments, sector indicators and the country’s capacity to attract investment. He also stated that the central bank, working with other domestic institutions, is continuing banking-sector reforms and taking necessary measures to implement monetary policy and maintain banking system stability. The central bank added that it and other Tajik ministries and agencies work with S&P Global Ratings each year on the assessment and publication of Tajikistan’s sovereign credit rating.
National Bank of the Republic of Tajikistan2026-06-23
National Bank of the Republic of Tajikistan briefs S&P Global Ratings on banking sector reforms and inflation targeting
The National Bank of the Republic of Tajikistan said its chairman met with S&P Global Ratings analysts to discuss the banking system, monetary policy, financial stability, reserve management and inflation targeting. The central bank said it briefed the agency on banking and inflation indicators and that banking-sector reforms are continuing. It added that Tajik authorities work with S&P annually on the country’s sovereign credit rating.