The National Bank of the Republic of Tajikistan reported that its chairman, Firdavs Tolibzoda, met with a World Bank Group delegation led by the International Finance Corporation’s (IFC) director for financial institutions covering the Middle East, Central Asia, Turkey, Pakistan and Afghanistan, Momena Ijazuddin. The discussions focused on strengthening bilateral cooperation, developing the financial sector and expanding access to finance for the private sector, particularly small and medium-sized enterprises. The central bank outlined macroeconomic conditions and banking-sector indicators and highlighted areas where prior cooperation with the World Bank Group, especially the IFC, has supported banking-system stability, the introduction of modern corporate governance standards, improvements in risk management, the development of digital financial services and expanded financial inclusion. The parties also considered further cooperation on strengthening compliance frameworks, SME financing including support for women entrepreneurs, and the development of green and sustainable finance alongside continued digitalisation and risk management enhancements. Both sides signalled their readiness to continue cooperation.

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