The final meeting between the National Bank of Tajikistan's Deputy Chairman, Sirojiddin Ikromi, and International Monetary Fund experts took place at the National Bank of Tajikistan, Avesta.tj reported.
The meeting concluded the IMF technical assistance mission, which took place in Dushanbe from October 15 to 23, 2026, and was aimed at improving the regulator's monetary policy implementation mechanisms.
The IMF experts positively assessed the ongoing institutional reforms, highlighting the required reserve averaging mechanism, excess liquidity management operations, and the linking of NBT securities rates to the key rate.
The parties discussed in detail the monetary policy transmission mechanism, the impact of the key rate on market interest rates, as well as steps to activate the interbank money market and strengthen the cybersecurity of financial transactions.
The technical cooperation between the National Bank of Tajikistan and the IMF is fundamental to reducing inflation risks and ensuring the country's macroeconomic stability.
In the face of persistent external volatility, the transition to more flexible and effective liquidity management allows the regulator to more accurately transmit key rate decisions to the real economy.
The development of the interbank market and the improvement of monetary instruments strengthen confidence in the national currency (somoni), increase the transparency of the banking sector, and create predictable conditions for attracting foreign investment.
CentralasianLIGHT.org
October 29, 2026