DUSHANBE , February 9, Asia-Plus -- Tajik parliamentarians have unanimously approved prognosis of priorities and main directions of monetary policy for this year. 

A regular sitting of the second session of the Majlisi Namoyandagon ( Tajikistan ’s lower chamber of parliament) presided over by its chairman Saydullo Khaidulloyev was held on February 8.     

Murodali Alimardonov, Chairman of the National Bank of Tajikistan (NBT), presenting the document noted that last year saw production growth, increase in wage and curbing of inflation.    

According to him, the country’s gross domestic product (GDP) increased by 6.8 percent and the populations incomes by 21.1 percent.  “We managed to curb inflation at the rate of 7.5 percent, while the stipulated target was 5 percent,” the Tajik central bank head said. 

“Increase in the inflation rate resulted from rising cost of oil and oil products, building materials as well reduction in cotton prices,” Murodali Alimardonov said.  

This year, Tajikistan plans to curb inflation at the rate of 7 percent and provide further stability of local currency, gradual reduction in banking interest rates, and four-timer increase in a total amount of micro loans, he noted.    

Parliamentarians also endorsed a number of other laws and bills.