Alif Bank fined 600,000 somonis

The National Bank of Tajikistan has completed a comprehensive inspection of Alif Bank’s activities in 2021-2022.   As a result of the inspection, the bank has been fined and has been banned from conducting two types of banking transactions during three months. asiaplustj.info »

2023-06-14 09:34

World Bank: The objective of tax reform is in encouraging business to invest

In a statement delivered at the 22nd Session of the Consultative Council on Improvement of the Investment Climate under the President of Tajikistan, Mr. Jan-Peter Olters, World Bank Country Manager also Chair of the Development Coordination Council (DCC), in particular, noted that this year’s discussion fell in the period of public consultations on such a draft tax code. asiaplustj.info »

2021-03-01 13:57

Tajik central bank raises its refinancing rate to 11 percent

On Friday February 5, the National Bank of Tajikistan (NBT) raised its refinancing rate by 0.25 percent – from 10.75 percent set on July 27, 2020 to 11 percent on February 5, 2021.   Tajik central bank justifies this decision by taking into consideration the increase in inflationary pressure and the containment of prices and rates within the target rate in the medium term. asiaplustj.info »

2021-02-08 13:26

World Bank provides $6 million grant to Tajikistan to support its efforts to modernize public finance management

The World Bank is investing in the modern public finance management in Tajikistan through providing a US$6 million grant.  In support of Tajikistan’s efforts to strengthen the efficiency, accountability, and transparency of public expenditure, especially critical in the current COVID-19 context, the World Bank’s Board of Executive Directors on December 2 approved 6 million U. asiaplustj.info »

2020-12-04 09:25

World Bank provides additional $50 million for rehabilitation of the Nurek hydropower plant in Tajikistan

The World Bank’s Board of Executive Directors on June 26 approved additional grant financing of US$50 million from the International Development Association (IDA) for the second phase of the Nurek Hydropower Rehabilitation Project in Tajikistan, according to press release issued by the Word Bank. asiaplustj.info »

2020-06-30 08:25