Caravanserai

Officials from IMF, Tajikistan discuss new support programme

Caravanserai

DUSHANBE -- An International Monetary Fund (IMF) mission led by economist Padamja Khandelwal held talks in Dushanbe on a new support programme for Tajikistan, Asia-Plus reported Wednesday (March 6), citing the National Bank of Tajikistan (NBT).

IMF and NBT representatives met in Dushanbe Monday (March 4) to reach an agreement on the launch of the programme.

Khandelwal pointed out a decrease of non-performing loans in the country’s loan portfolio.

It is necessary for Tajikistan to reduce external debt, attract foreign investment, use modern financial instruments and develop the securities market, according to Khandelwal.

During the meeting, NBT Chairman Jamshed Nourmahmadzoda expressed readiness to provide all necessary information to IMF.

Tajikistan hopes to secure a $220 million (2 billion TJS) IMF loan in March, Nourmahmadzoda told reporters in Dushanbe in early February.

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