Turkmenistan conference to shed light on development financing

June 19, 2018

Turkmenistan has experienced robust economic growth in recent years. Photo credit: UNDP Turkmenistan/Claire Ladavicius.

Partners to discuss development opportunities as part of Great Silk Road initiative.

20-21 June 2018, Ashgabat, Turkmenistan – Over 100 representatives from government, business, international financial institutions and commercial banks will come together here to discuss Turkmenistan’s development and resource mobilization opportunities.

As part of Turkmenistan’s national development agenda for 2030, the country has established sophisticated mechanism for implementing and monitoring progress on the Sustainable Development Goals (SDGs).

The United Nations Development Programme (UNDP) and Turkmenistan’s State Bank for Economic Affairs (TFEB) have been working together to facilitate access to international financing and to improve the country’s capacity to deliver and manage such financing streams effectively.

The conference will highlight on-going infrastructure and sustainable development projects, and identify financing needs as the country endeavors to carry out the Addis Ababa Action agenda, which aims to mobilize all possible sources of financing for the SDGs.

Turkmenistan, as an oil and gas producer, has experienced robust economic growth in recent years and is now in the medium human development category on UNDP’s human development index scale.

For media enquiries, please contact: Nazik Avlyakulova Phone: +993 (12) 48 83 25 (233).