The National Bank of the Republic of Tajikistan published an update on the Tajikistan delegation’s meetings in Washington during the IMF and World Bank Spring Meetings, including talks with IMF Executive Director Bo Li on implementation of the Policy Coordination Instrument (PCI) and on strengthening monetary policy, banking supervision and financial sector transparency. Discussions also covered moving cooperation to a new phase through technical assistance and institutional capacity building, improvements to the compliance framework, efforts to combat money laundering and management of sanctions-related risks. The delegation also met Jihad Azour, Director of the IMF’s Middle East and Central Asia Department, to discuss bilateral cooperation, structural reforms and macroeconomic stability. Officials highlighted real GDP growth of 8% in January–February and inflation of 3.6%, reported positive trends in banking system assets, deposits and lending alongside adequate capital and liquidity, and referenced recent sovereign credit rating upgrades by Moody’s Ratings and S&P Global Ratings.