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ADB preparing Turkmenistan nation cooperation strategy

BAKU, Azerbaijan, February 27. The Asian Development Bank (ADB) is making ready a brand new nation partnership technique for Turkmenistan, Country Director of the Asian Development Bank for Turkmenistan Artur Andrysiak, informed Trend.

“At the second, two tasks are within the superior phases of processing and can help constructing capability of small and medium-sized enterprise exporters, in addition to rising capability within the well being sector. At the identical time, the ADB can be engaged on new tasks in vitality and transport, together with within the railway sector, to assist Turkmenistan broaden its commerce and funding ties with different international locations underneath the Central Asian Regional Economic Cooperation (CAREC) Program,” Andrysiak stated.

He famous that the ADB-supported ‘CAREC 2030 Strategy’ opens extra areas for Turkmenistan to take part in regional initiatives, corresponding to financial and monetary stability, local weather change and setting, well being and schooling, tourism, digital connectivity, catastrophe danger administration, and agriculture and water assets.

“The ADB continues to put a powerful emphasis on strengthening nationwide establishments and supporting the federal government’s financial reforms and different key initiatives to advertise personal sector improvement, local weather change mitigation and adaptation, and mainstreaming gender. At the second, the financial institution is making ready its subsequent nation partnership technique for Turkmenistan, which is able to present the strategic framework for engagement in the course of the interval 2024-2028,” the nation director stated.

Andrysiak added that the technique will help nationwide financial improvement with sturdy give attention to market connectivity, financial diversification, personal sector improvement and funding, constructing human capital, supporting local weather motion together with local weather adaptation and mitigation, gender mainstreaming, and general reforms.

source: businesslend

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