The National Bank of the Republic of Tajikistan held talks with a delegation from the Swiss Confederation’s SECO and the Swiss Cooperation Office in Tajikistan to review cooperation under the World Bank’s “Strengthening the financial sector in Tajikistan” project (Phase II) and to discuss further areas of technical support. Phase II, implemented with SECO support, was described as contributing to the implementation of Basel II–III standards, strengthened risk-based supervision, integration of climate-related risks, improvements to the payments system infrastructure, and enhanced consumer protection in financial services. The central bank requested SECO’s assistance on further developing the macroprudential framework, strengthening the legal basis for protecting consumers of digital and insurance services, delivering additional training programmes, and considering the launch of a Phase III. A meeting of the project’s Technical Coordination Committee, chaired by Deputy Chairman Daler Murodalizoda, reviewed interim assessment results and project progress, and discussed next steps on banking supervision, risk analysis, financial stability, securities market development, consumer protection, and payments infrastructure.

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