The National Bank of the Republic of Tajikistan reported that its chairman, Firdavs Nazrimat Tolibzoda, participated in a meeting between First Deputy Prime Minister Hokim Holiqzoda and newly appointed International Monetary Fund (IMF) Resident Representative Ghazi Shbaykat, focused on cooperation under IMF-supported reform programmes, including the Policy Coordination Instrument (PCI). The Tajik side emphasised that having a permanent IMF representative in the country should support continuous dialogue and more timely policy decisions, and highlighted the PCI’s role in advancing structural reforms, strengthening monetary and credit policy, and increasing fiscal transparency. It also noted that Tajikistan has successfully completed two review stages under the PCI, and reiterated its intention to continue reforms in areas including the investment climate, economic digitisation, financial inclusion, and sustainable energy, alongside discussion of climate-related reforms and the use of available financial instruments to support green initiatives.
National Bank of the Republic of Tajikistan 2025-07-24
National Bank of the Republic of Tajikistan joins government talks with new IMF resident representative and highlights progress under the Policy Coordination Instrument
The National Bank of the Republic of Tajikistan announced that Chairman Firdavs Nazrimat Tolibzoda met with First Deputy Prime Minister Hokim Holiqzoda and IMF Resident Representative Ghazi Shbaykat to discuss cooperation under IMF-supported reform programmes, including the Policy Coordination Instrument (PCI). The meeting emphasized the need for a permanent IMF representative for ongoing dialogue and timely policy decisions, highlighting the PCI's role in structural reforms and fiscal transparency. Tajikistan has completed two PCI review stages and plans to continue reforms in investment climate, economic digitisation, financial inclusion, and sustainable energy.