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2-07-2015, 16:50

Tajik, Chinese bank officials discuss allocation of long-term loan


Avesta.Tj | 02.07.2015 |The head of the National Bank of Tajikistan (NBT) Jamshed Nurmahmadzoda has negotiated with Lu Tao, the Vice-President of the China Development Bank (CDB) Xinjiang branch on the allocation of long-term loan, the NBT press service said Thursday.

"Currently, U.S. dollars loan to support the balance of international payments, the exchange rate of the national currency, enhancement of energy, agrarian mining sectors and development of small and medium-sized enterprises in the country”, said Nurmahmadzoda at the meeting.

Lu, for his part, said that the CDB delegation arrived in Tajikistan to discuss the details of providing the loan to the Tajik central bank.

The sides also agreed to continue negotiations on that subject soon in Beijing.

National Bank of Tajikistan (NBT) is engaged in developing policies to promotefinancial inclusion. The central bank is a member of the Alliance for Financial Inclusion.