Signing of the Cooperation Agreement on capitalization of the Deposit and Savings Insurance Fund of Tajikistan

On December 5, 2024, within the framework of the Financial and Private Sector Development Project of Tajikistan, the Agreement on Capitalization of the Deposit and Savings Insurance Fund of Tajikistan was signed between the Project Management Center under the Ministry of Finance of the Republic of Tajikistan and the Deposit and Savings Insurance Fund of Tajikistan. The agreement was signed by the Executive Director of the Project Management Center under the Ministry of Finance of the Republic of Tajikistan, Jamshed Sattorzoda, and Manuchehr Asoev, Director of the Deposit and Savings Insurance Fund of Tajikistan. This Agreement is aimed at strengthening financial stability, promoting private sector growth and ensuring the effective implementation of the project’s objectives.

It should be noted that the new Financial and Private Sector Development Project of Tajikistan, supported by the World Bank, aims to enhance the deposit insurance system, facilitate bank lending to MSMEs, and strengthen the integration of MSMEs into production and supply chains/value chains.