The National Bank of the Republic of Tajikistan’s Chairman, Firdavs Tolibzoda, participated in and spoke at the 7th Central Banks Forum of the Organisation of Islamic Cooperation’s Standing Committee for Economic and Commercial Cooperation (OIC-COMCEC) in Istanbul, outlining Tajikistan’s progress against four priority areas of the OIC-2025 programme. In his remarks, he reported that poverty fell from 32% to 20.4% over the past decade and that average monthly wages increased several times. He also highlighted financial sector trends, including bank assets rising by almost three times and a significant reduction in non-performing loans, alongside digitalisation indicators such as mobile and internet customers increasing dozens of times and the volume of cashless payments reaching billions of USD, which he linked to broader access to financial services and the development of the digital economy. The speech also emphasised support for strengthening regional solidarity and collective cooperation among OIC member states.
National Bank of the Republic of Tajikistan 2025-09-30
National Bank of the Republic of Tajikistan presents OIC-2025 progress and financial sector metrics at the OIC-COMCEC central bank forum
Firdavs Tolibzoda, Chairman of the National Bank of Tajikistan, addressed the 7th Central Banks Forum of the Organisation of Islamic Cooperation in Istanbul, highlighting Tajikistan's achievements under the OIC-2025 programme. He reported reductions in poverty and non-performing loans, increases in bank assets and wages, and a surge in digitalisation and cashless payments. Tolibzoda emphasized the importance of regional solidarity and cooperation among OIC member states.