DUSHANBE, June 29, 2010, Asia-Plus  -- The Ministry of Finance (MoF) has worked out the equity market development program and the draft program will be submitted for consideration to the government in the near future, Asia-Plus has learned at the Agency for Development Equity Market within the MoF.

The source says the equity market development program and the strategy for development of equity market designed for the period until 2012 are the basic documents for further formation and development of the equity market in Tajikistan.  “Development of the stock market is one of priorities of the economic policy of the government and the adopted laws regulating development the equity market and protection of rights and interests of investors create necessary conditions for development of the equity market in the country,” he said.

According to him, this project is being implemented to ensure turnover of the government and non-governmental securities within the framework of the strategy for development of the equity market in Tajikistan.  The project designed for 2008-2012 provides for development of the equity market and organization of the secondary market for buying and selling of securities, the source added.