National Bank of Tajikistan And World Bank Group Discuss Expanding Financial Cooperation

The chairman of the National Bank of Tajikistan, Firdavs Tolibzoda, met with a delegation from the World Bank Group led by Momina Aijazuddin, Director of Financial Institutions for the Middle East, Central Asia, Türkiye, Pakistan and Afghanistan at the International Finance Corporation, to explore deeper financial sector cooperation.

The meeting centered on strengthening Tajikistan’s financial system and expanding access to capital for the private sector, with particular emphasis on small and medium-sized enterprises.

 

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Focus On Financial Sector Development

 

During the discussions, Tolibzoda outlined Tajikistan’s macroeconomic trends and recent performance of the banking sector. He underscored the longstanding collaboration with the World Bank Group, especially the IFC, in stabilizing the banking system and enhancing institutional resilience.

Previous support has focused on improving corporate governance standards, strengthening risk management frameworks, advancing digital financial services, and broadening financial inclusion across the country.

The delegation reviewed ongoing reforms and explored new avenues for collaboration to accelerate financial modernization.

 

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Expanding Access And Sustainable Finance

 

Key areas of future cooperation include expanded support for SMEs, women-led enterprises, and green and sustainable finance initiatives. Both sides also discussed the digitization of financial services and the development of stronger risk management systems to enhance systemic stability.

Officials indicated that expanding these initiatives would help improve access to banking services, reinforce financial stability, and support sustainable economic growth.

The dialogue reflects Tajikistan’s effort to deepen engagement with international financial institutions while strengthening domestic financial infrastructure. Both parties expressed readiness to continue structured and productive collaboration in support of long-term development goals.