USAGE OF EXTRA-SYSTEMIC INSTRUMENTS OF REFINANCING TO SUPPORT THE ECONOMIC GROWTH OF TAJIKISTAN REPUBLIC

Monetary-crediting policy in the transition economics of the Republic of Tajikistan is one of the mighty instruments of macroeconomic regulation. The article examines temporary extra-systemic measures adopted by the central banks of some countries, such as the US Federal Reserve, the Bank of Japan, the Bank of England, and the Bank of Hungary for reducing the cost of bank crediting. The author makes an attempt make some input into the improvement of the monetary-crediting policy applied in the Tajikistan Republic by means of generalizing the practice applied by some central banks of foreign countries. Answers to the issues concerning goals and constraints in this field aimed at supporting the economic growth and stimulation of the bank crediting, as well as for mitigation of the monetarycrediting policy applied in the Tajikistan Republic were searched for.

extra-systemic instruments of refinancing, monetary- crediting policy, NBT, banking sector, stimulation of bank crediting, financial crisis, support of economic growth, development of financial market of Tajikistan Republic, securities‚ TALF.

Azizbaev R. A. Usage of extra-systemic instruments of refinancing to support the economic growth of Tajikistan Republic // Business. Education. Law. Bulletin of Volgograd Business Institute. 2017. No. 2 (39). P. 114–117.