National Bank of the Republic of Tajikistan discusses next phase of IMF cooperation after successful PCI completion

The National Bank of the Republic of Tajikistan took part in a meeting with an International Monetary Fund delegation led by IMF mission chief for Tajikistan Matthew Gartner, alongside First Deputy Prime Minister Hokim Kholiqzoda and the President’s economic adviser Ne'matullo Hikmatullozoda. The IMF congratulated the Tajik side on the successful completion of the Policy Coordination Instrument program, noting that it had helped strengthen the foundations of economic policy and advance structural reforms. The sides also reviewed macroeconomic developments and expressed readiness to continue cooperation, including through technical assistance projects, with the IMF visit described as a basis for a new phase of cooperation. The IMF also congratulated the Tajik authorities on the removal of three financial credit institutions from the European Union sanctions list within a short period, describing this as a positive result of coordinated government action. Discussion of the economic outlook highlighted that Tajikistan had maintained stable growth despite external pressures, with low inflation, steady expansion in production and services, and a stronger external position cited as key factors. Tajik officials added that the country is implementing economic and structural reform programs with a number of international financial institutions, aimed at strengthening the financial system, improving the investment environment and supporting sustainable economic growth.