BAKU, Azerbaijan, April 27. The International Monetary Fund (IMF) intends to provide technical assistance to Turkmenistan in conducting out budget reform and revision of the tax system, Trend reports citing Orient news.
This was stated by Director of the Middle East and Central Asia Department of the IMF Jihad Azour at an online meeting with the Minister of Finance and Economy of Turkmenistan Mukhammetgeldi Serdarov and Deputy Chairman of the Central Bank Merdan Palivanov.
During the conversation held within the framework of the annual meetings of the IMF and the World Bank, Serdarov informed the head of the IMF Department about the development of the national financial system, the efforts being made to ensure food security and maintain a stable economic situation in the country.
The deputy head of the Central Bank of Turkmenistan expressed hope that cooperation with the IMF will continue to strengthen, as well as technical support will be provided in regulating monetary policy, improving national accounting system and calculating macroeconomic indicators in accordance with international standards.
Following the meeting, the IMF representative noted that joint work in this direction should contribute to the realization of Turkmenistan's huge resource potential.