The Monetary Policy Strategy of the Republic of Tajikistan for 2021-2025 (hereinafter – “Strategy”) is developed in accordance with Article 6 of the Law of the Republic of Tajikistan "On the National Bank of Tajikistan", the Law of the Republic of Tajikistan "On State Forecasts, Concepts, Strategies and Programs of Socio-Economic Development Of the Republic of Tajikistan ”, the National Development Strategy of the Republic of Tajikistan for the period up to 2030, the priorities of sustainable economic growth of the country, outlined in the messages of the President of the Republic of Tajikistan to the Majlisi Oli of the Republic of Tajikistan for 2019-2020 and defines the main goals of monetary policy and its targets.

This Strategy has been prepared with the aim of determining the main directions of monetary policy, the formation of an effective mechanism for the development and implementation of its instruments, establishment of modern operational and financial framework, as well as the implementation of other important priorities for the National Bank of Tajikistan to achieve its ultimate goal - price stability in the long term.

In this regard, the key issues of monetary policy are the progress of institutional reforms, strengthening instruments and increasing the level of their impact, as well as creating a favorable condition and a reliable basis for a gradual transition toa new monetary policy strategy – inflationtargeting regime.

Monetary Policy Strategy of the Republic of Tajikistan for 2021-2025