Ashgabat, 18 December 2020: The joint project of UNDP and the Ministry of Finance and Economy of Turkmenistan “Partnering for SDG acceleration”, held a webinar “Review and guidance on global, international and regional funds to finance the SDGs in Turkmenistan”. The purpose оf the webinar is to familiarize with international best practices in financing and attracting investments to achieve the SDGs, as well as to discuss the designated set of measures provided by international financial institutions to mitigate the socio-economic impact of COVID-19.
Representatives of the Ministry of Finance and Economy of Turkmenistan, the Central Bank of Turkmenistan and the State Bank for Foreign Economic Affairs of Turkmenistan involved in the process of financing the implementation of SDGs took part in the webinar, during which an international consultant Mr. Konstantin Egorov, specialist in the field of finance and investments, presented an overview of international and regional funds operating under the auspices of the UN, management practices , tools and mechanisms of their work.
During the meeting, an expert provided recommendations on possible areas of cooperation of Turkmenistan with global and regional funds, including international financial organizations, in order to attract investment resources to finance the SDGs.
The economic reforms carried out in Turkmenistan towards deeper integration into the global economy, as well as the integration of the SDGs into national policies, are aimed at expanding efforts to finance the achievement of the Sustainable Development Goals.
The joint project of UNDP and the Ministry of Finance and Economy of Turkmenistan “Partnering for SDG acceleration”, brings together the efforts and constructive relations of the parties in implementation of the global Agenda for Sustainable Development 2030 and the relevant Sustainable Development Goals adopted by Turkmenistan at the government level in September 2016.
Source: UNDP office in Turkmenistan