Tajikistan Plans to Cut Policy Rate

AKIPRESS.COM - Tajikistan National Bank discussed regulation of interest rate on March 4.

The working group set up last year achieved average weighted interest rate to decrease from 28.2% in 2017 to 26% on 2018. The financing (issuance of credits) has increased from 7.7 billion somoni ($816.5 million) to 8.

2 billion somoni ($869.5 million) in 2018. The work on cutting policy rate will go on, the regulator said. Deputy Governor of the National Bank of Tajikistan Lola Salimova said that the development of the banking sector requires improvement in banking service quality and...