Tajik MPs approves the currency regulation and control bill without discussions

DUSHANBE, April 24, 2013, Asia-Plus  — The Majlisi Namoyandagon (Tajikistan’s lower chamber of parliament) approved the currency regulation and control bill without discussions on April 24. We will recall that parliamentarians returned the bill as requiring improvement on April 17.  That time, they failed to decide on the notion of “currency.” Some parliamentarians considered that […]

Avaz Yuldoshev

DUSHANBE, April 24, 2013, Asia-Plus  — The Majlisi Namoyandagon (Tajikistan’s lower chamber of parliament) approved the currency regulation and control bill without discussions on April 24.

We will recall that parliamentarians returned the bill as requiring improvement on April 17.  That time, they failed to decide on the notion of “currency.”

Some parliamentarians considered that this notion might refer only to foreign monetary units, while others said that the notion of “currency” referred to money in any form when in actual use or circulation.  After long debate, parliamentarians decided to return the bill as requiring improvement.

Speaking on this subject, MP Ismoil Talbakov noted on April 24 that a working group that was set up on that issue came to a conclusion to support the government’s version of the draft law, “which notes that the notion of “currency” referred to money in any form when in actual use or circulation.”

According to the National Bank of Tajikistan (NBT) head Abdujabbor Shirinov, the new law determines legal foundations and principles of currency regulation and control in Tajikistan.

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