Turkmenistan Discusses National Capital Market’s Development With International Financial Institutions

BUSINESS TURKMENISTAN
Turkmenistan Discusses National Capital Market’s Development With International Financial Institutions
During the meeting, Turkmen officials informed about the national vision for the development of the capital market and stock exchange in Turkmenistan.

A high-level information session for representatives of the financial and economic sector of Turkmenistan on the development of the national securities market and stock exchange based on the experience and analyzes of UNDP and international financial institutions was held at the Ministry of Finance and Economy of Turkmenistan on Wednesday.

According to TDH news agency, Minister of Finance and Economy of Turkmenistan and specialists of the ministry also attended the event.

Experts from the Asian Development Bank (ADB) and the European Bank for Reconstruction and Development (EBRD) made presentations on global best practices in this area.

Representatives of the Ministry of Finance and Economy, Ashgabat Stock Exchange, State Bank for Foreign Economic Affairs informed about the national vision for the development of the capital market and stock exchange in Turkmenistan.

The forum participants emphasized that the most important tasks set in this area are the introduction of digital financing technologies, increasing the efficiency of capital management and preventing risks, developing the entrepreneurial sphere, and increasing the profitability of banks.