Translated with AI
An official meeting of the Ministry of Finance of the Republic of Tajikistan was held between the representatives of the department and the delegation of the European Bank for Reconstruction and Development (EBRD), within the framework of which the project "Support for the Development of Financial Market Infrastructure in Tajikistan" was launched. The initiative is being implemented with the support of the Minister of Finance of the Republic of Tajikistan Kahhorzoda Fayziddin Sattor and under the leadership of the First Deputy Minister Yusuf Khairullo Majidi, the press service of the Ministry of Finance of the Republic of Tajikistan reports .
The event was held with the participation of the Director of the Securities and Special Registration Agency of the Ministry of Finance Nigina Shukhrat Abdurahmonzoda. In her speech, she expressed gratitude to the EBRD team, emphasizing the strategic importance of the joint project for the country's economic growth. "Cooperation with the EBRD in the development of sustainable financial infrastructure opens up new prospects for Tajikistan to attract investment and implement modern market mechanisms," Abdurahmonzoda noted.
According to her, the initiative is being implemented within the framework of the EBRD priority programme for the development of capital markets and national currencies, the goal of which is to create a sustainable, competitive and deeply integrated financial system.
The project includes three key areas: development of the sovereign securities market and the money market; creation of an interbank electronic trading platform; modernization of post-trade infrastructure and implementation of centralized accounting of financial instruments.
One of the main goals of the project will be the implementation of a single technological platform operating in real time. This system will unite all participants in the financial market, ensure transparency of operations, centralized reporting, and also open access for government agencies to complete data on the movement of securities and financial assets.
Significant progress has already been made to date. The legal framework for issuing government bonds has been approved; the money market has been diagnosed; and the development of infrastructure for interbank trading and settlements has begun.
The Ministry of Finance of Tajikistan confirmed its readiness to provide comprehensive support for the implementation of the project and called on all participants to actively and constructively interact.
The implementation of this initiative, as noted by the meeting participants, will be an important step towards the technological transformation of Tajikistan’s financial sector, will strengthen investor confidence and will significantly expand access to domestic and external sources of financing.
