The National Bank of Tajikistan's "Tajikistan Financial Sector Development Strategy 2010–2015" summarizes the key vulnerabilities of the Tajik financial sector and proposes broad recommendations, based on the Financial Sector Assessment Program (FSAP) and additional analysis supported by technical assistance (TA) from the World Bank and the Financial Sector Reform and Strengthening Initiative (FIRST). In addition to the attached action plan, the strategy has two main sections. The first section presents background to the Tajik financial sector since the FSAP was completed, summarizing key developments over the last two years and benchmarking Tajikistan against other economies in the Europe and Central Asia (ECA) region. This provides the context for the deeper analysis of the vulnerabilities of the financial sector and proposed recommendations summarized in the second section.
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