The National Bank of the Republic of Tajikistan held an extended internal meeting to brief management and staff on President Emomali Rahmon’s policy address on the main directions of domestic and foreign policy, focusing on tasks relevant to the banking system and wider public-sector digitalisation agenda. The briefing highlighted reported 2024 macro outcomes, including GDP exceeding TJS 150 billion and real growth of 8.4%. It also referenced instructions for the Ministry of Finance, the central bank, the Tax Committee, Customs, and the Agency for Innovation and Digital Technologies, among others, to expand the use of modern digital technologies and ensure non-cash payments are fully implemented across budget sectors and government services by the end of 2025. On credit provision, the meeting noted that banks have extended more than TJS 80 billion in loans over the past five years, and that the National Bank and credit institutions have been tasked with increasing annual lending to bring the total above TJS 100 billion by the end of 2027; further priorities cited included strengthening public confidence, attracting more deposits, expanding digital financial services, opening additional branches, increasing lower-interest lending, and improving access in remote areas. In closing, the National Bank’s chair said an internal action plan has been prepared to implement relevant parts of the address and called on staff to focus on delivering the assigned measures.
National Bank of the Republic of Tajikistan 2025-01-29
National Bank of the Republic of Tajikistan reviews President Rahmon’s policy address with targets for full cashless budget payments by end-2025 and over TJS 100 billion in lending by end-2027
The National Bank of the Republic of Tajikistan held an internal meeting to discuss President Emomali Rahmon’s policy address, focusing on banking system tasks and digitalization. Key points included 2024 macroeconomic outcomes, with GDP exceeding TJS 150 billion and real growth of 8.4%, and directives for expanding digital technologies and non-cash payments by 2025. The bank aims to increase lending to over TJS 100 billion by 2027, enhance public confidence, and improve financial access in remote areas.