Development Strategy of the Fund
The Development Strategy of the Deposit Insurance Fund of Tajikistan for 2024-2029 has been developed to outline the priority areas and tasks for the further development of the Fund and the deposit insurance system.
This strategy establishes the foundation for achieving the Fund’s main objectives—to be a successful and efficient deposit and savings insurance organization that accomplishes its goals in line with leading global practices. It encompasses key aspects of the Fund’s institutional development, expansion of the deposit insurance system, enhancement of existing legislation, ensuring financial stability, operational efficiency, preparedness for insurance cases, ensuring transparency, improving communication activities, and fostering cooperation with domestic and international organizations to support long-term financial stability and strengthen public trust in the banking system.
It is important to note that the founder of national peace and unity—Leader of the Nation, President of the Republic of Tajikistan Emomali Rahmon—constantly emphasizes in his addresses the importance of measures to stimulate and attract public funds into the banking system, the need to increase savings volumes, and ensuring the stable development of the banking system.
Additionally, this Strategy places special emphasis on effective corporate governance, internal control, risk management, and the implementation of new systems and processes using modern information technologies.
The Strategy outlines four priority areas and the following operational objectives for the Fund’s development from 2024 to 2029:
- Deposit and Savings Insurance: This area focuses on strengthening the deposit insurance system, enhancing the Fund’s readiness for potential insurance cases, and ensuring an efficient insurance compensation process.
- Management of Internal Processes: This area addresses the Fund’s financial stability, risk management, internal control, as well as the improvement of the organizational structure and staff qualifications.
- Information Policy: This area emphasizes expanding the Fund’s communication activities and the process of informing the public about the deposit insurance system.
- Effective Cooperation: This area concerns improving cooperation with key partners and developing international relations.
The Strategy is composed of four main sections: (1) Overview of the Deposit Insurance System; (2) Key Outcomes of the Fund’s Development Strategy for 2017-2022; (3) Strategy for Main Development Areas for 2024-2029; and (4) Risks of Strategy Implementation. The implementation of these measures is detailed in the Strategy Implementation Matrix.
- Development Strategy of the Fund for 2024-2029 (PDF, 1,789 KB) │ 80 pages.
- Development Strategy of the Fund up to 2022 (PDF, 462 KB) │ 17 pages.
