DUSHANBE, May 5, 2015, Asia-Plus – An expert on the Tajik economy, who wanted to remain unnamed, considers that replacement of top managers of the National Bank of Tajikistan (NBT) is the result of the struggle between certain groups in the power-holding structures for redivision of spheres of influence.
“Many our officials have outrageous ambitions and they have been divided into separate groups and replacement of top managers of Tajik central bank is the result of the redivision of spheres of influence between these groups,” the source said.
According to him, using the complicated situation in the country’s currency market, certain groups have made the NBT management a ‘scapegoat.’
“It is to be regretted that they do not understand that it is a systemic error. The National Bank cannot be responsible for all that is connected with currency. Many of us do not see the real reasons for occurrence of such a situation in our currency market, while those who know what it”s all about are not interested in informing the president of that,” the expert said.
He is sure that replacement of the NBT management will not handle problems facing the country’s currency market.
“Most likely, a behind-the-scenes manager having long experience in working in banking sector and who worked for the government for a long time and who is currently head of one of commercial banks will manage the National Bank de facto,” said the expert. “As far as I know, all bankers of Tajikistan have upgraded their skills under his support.”
We will recall that by president’s decrees top managers of Tajik central bank were replaced on May 4.
Jamshed Nourmahmadzoda, who had previously served as Chairman of the Board of Amonatbonk (Tajikistan’s savings bank), was appointed to head the NBT, replacing Abdujabbor Shirinov.
According to the Tajik president’s official website, Abdujabbor Shirinov, who had been head of Tajik central bank since January 24, 2012, was relieved of his post in connection with transfer to other job.
Jamoliddin Nouraliyev, formerly First Deputy Minister of Finance, was appointed the First Deputy Chairman of the National Bank of Tajikistan, the source said.
Two other deputy chairpersons of the National bank of Tajikistan were also relieved of their posts.
The National Bank of Tajikistan is the central bank of Tajikistan. The Bank is engaged in developing policies to promote financial inclusion and is a member of the Alliance for Financial Inclusion.
