DUSHANBE, September 16, Asia-Plus  -- Improvement of Tajikistan’s banking legislation was the focus of a meeting of top managers of the National Bank of Tajikistan (NBT) with a working group of the World Bank that was held in Dushanbe on September 10, according to Tajik central bank.

The meeting was held within the framework of Financial Sector Assessment Program (FSAP), and its participants discussed issues related to technical assistance and improvement of the banking legislation in the Tajikistan.

The meeting participants also exchanged views on working out bills on the NBT as well as banks and banking activity.  According to Tajik central bank’s website, the discussions will last till September 22 this year.

FSAP is a joint IMF and World Bank project, which aims to increase the effectiveness of efforts to promote the soundness of financial systems in member countries.  Supported by experts from a range of national agencies and standard-setting bodies, work under the program has the following aims: to identify the strengths and vulnerabilities of a country’s financial system; to determine how key sources of risk are being managed; to ascertain the financial sector’s developmental and technical assistance needs; and to help prioritize policy responses.