Translated with AI
Tajikistan's Finance Minister Faiziddin Kahhorzoda held a series of meetings with representatives of the World Bank and the International Monetary Fund in Washington, D.C., the Ministry of Finance of the Republic of Tajikistan reported.
In particular, a meeting was held with Cecil Niang, Director of Financial Operations, Competitiveness, and Innovation at the World Bank. During the talks, the parties discussed expanding cooperation in the areas of financial sector development, increasing private sector access to finance, developing the domestic capital market, digitalizing the economy, and improving the investment climate.
Following the meeting, readiness for further development of cooperation in the specified areas was confirmed.
In addition, on April 13, as part of the spring meetings of the World Bank and the International Monetary Fund, a meeting was held between Finance Minister Fayziddin Qahhorzoda and Chairman of the National Bank of Tajikistan Firdavs Tolibzoda with Deputy Managing Director of the International Monetary Fund Bo Li.
The meeting provided information on the current state of the Tajik economy. Particular attention was paid to the results of the Policy Coordination Program, which was concluded by the IMF Board of Directors on December 18, 2025.
It is noted that the implementation of the program contributed to strengthening macroeconomic foundations, increasing budget transparency, developing the government securities market, improving tax and budget policy, and promoting institutional reforms.
The IMF representative noted that, in the context of global instability, the fund assesses the global economic outlook using three scenarios—baseline, unfavorable, and relatively favorable—emphasizing the need for countries to be prepared for risks.
The Minister of Finance also met with Junaid Kamal Ahmad, Vice President of the Multilateral Investment Guarantee Agency. The two sides discussed leveraging the agency's capabilities in priority areas such as energy, transport infrastructure (including airport management through public-private partnerships), the financial sector, and green finance.
Following the talks, an agreement was reached for representatives of MIGA and the World Bank Group to visit Tajikistan in the next two weeks to assess the readiness of the projects.
The Tajik delegation also met with Jihad Azour, Director of the IMF's Middle East and Central Asia Department. The Tajik side expressed satisfaction with the Fund's support and provided information on the state of the economy and prospects for cooperation.
It was noted that the successful implementation of IMF programs created the basis for strengthening trust on the part of partners and investors, and also expanded opportunities for attracting international financing.
The IMF confirmed its readiness to continue cooperation in the areas of strengthening macroeconomic stability, improving fiscal policy, enhancing the effectiveness of public finance management, developing the private sector, improving the investment climate, managing public debt, providing technical assistance, promoting reforms, digitalizing the financial system, and strengthening institutional capacity.
