In Washington, as part of the spring meetings of the World Bank Group and the International Monetary Fund, a meeting was held between finance ministers and central bank governors from the Caucasus and Central Asia.
The event, which was attended by IMF Deputy Executive Director Bo Li, included the participation of Tajikistan’s Finance Minister Faiziddin Qahhorzoda and the Governor of the National Bank of Tajikistan Firdaus Tolibzoda, reports the Ministry of Finance of the Republic of Tajikistan.
It is noted that the Tajik delegation presented information on the current state of the national economy, as well as on the key directions of economic and financial policy.
It was highlighted that within the framework of cooperation with the IMF, particularly in the implementation of the Policy Coordination Instrument (PCI), Tajikistan has achieved significant results in improving public finance management, increasing transparency, enhancing public debt management, and advancing structural reforms.
On the sidelines of the meetings, Faiziddin Qahhorzoda also held a meeting with Adrian Fozzard, Head of the Institutions Sector for the Europe and Central Asia region of the World Bank. The parties discussed issues related to advancing reforms, including improving public finance management, accounting and financial reporting reform, as well as strengthening control over the activities of state enterprises.
Additionally, a meeting was held with Amy Pope, Director General of the International Organization for Migration. During the negotiations, issues of regulating labor migration, increasing social protection for migrants, and expanding opportunities for official employment were discussed.
Special attention was given to attracting funding from international organizations for the preparation of citizens for labor migration, developing information and consultation centers, and strengthening legal protection, including for female migrants.
Furthermore, the Finance Minister of Tajikistan met with a delegation from the International Finance Corporation led by Regional Director Simon Andrews. The parties discussed prospects for cooperation, noting the corporation’s contribution to the development of the private sector, attracting investments, and creating new markets.
Among the priority areas for further interaction were named the development of transport infrastructure, public-private partnership, support for small and medium-sized businesses, the introduction of financing instruments in the national currency, as well as the development of the “green” economy, logistics, and digital infrastructure.
It is reported that in May of this year, an IFC delegation will visit Tajikistan on a working visit.
