The State Bank for Foreign Economic Affairs of Turkmenistan

Partnership for development!

As a result in accordance of the Order of President of Turkmenistan on 21 October 2017 The State Bank for Foreign Economic Affairs of Turkmenistan signed Project Document with United Nations Development Programme for “Support in expanding access to International Development Finance” project.

The overall project objective is to enhance access of government agencies of Turkmenistan to international financing in order to implement the Sustainable Development Goals and improve the national capacity in the area of investment projects management. 

The project consists of three main components:

i) improving the coordination mechanisms for national development projects financed by external borrowings;

ii) formulation of the mid-term innovation development strategy of TFEB;

iii) preparation for introduction of digital banking in TFEB.