The National Bank of the Republic of Tajikistan reported that its leadership met with International Monetary Fund experts to review the central bank’s risk management framework and related regulatory arrangements. The discussions focused on a practical assessment of the National Bank’s risk management policy, upgrades to operational risk management, development of a Risk Appetite Framework and key risk indicators for operational risk, and measures to reduce the impact of potential risks while aligning management mechanisms with international standards. The exchange also covered risk analysis and management in related areas including compliance, correspondent banking risk, cybersecurity and information technology. Chairman Firdaus Tolibzoda said the central bank is continuing work to strengthen its risk management system and introduce international practices, while the IMF team indicated readiness to deepen bilateral cooperation in these areas.