The development of securities market and stock exchange was the topic of a high-level information session for representatives of financial and economic sector of Turkmenistan, organized with the participation of UNDP and held on November 25, Wednesday.
The meeting brought together Ashgabat, New York, Mexico and Manila, which where the host-cities of main speakers, and was moderated by Rahimberdy Djepbarov, Chairman of the Board of the State Bank for Foreign Economic Affairs of Turkmenistan.
Muhammetgeldi Serdarov, Minister of Finance and Economy of Turkmenistan, and Natia Natsvlishvili, Natia Natsvlishvili, UNDP Resident Representative a.i., have delivered opening speeches.
Then, Tariq Niazi, Director, Public Management, Financial Sector and Trade.Asian Development Bank, has made presentation on advanced world practice in the development of securities markets and stock exchanges.
After question-and-answer session on a number of points in the presentation, participants considered the SDG bond issue.In this regard, cooperation between the Government of Mexico and UNDP was reviewed.
Further, representatives of the Turkmen financial departments have informed about national vision of development of securities market and stock exchange in the country.In particular, presentations on the topic have been made by Halmyrat Halmyradov, Director General of the Ashgabat Stock Exchange a.i., and Rahimberdy Djepbarov, Chairman of the Board of the State Bank for Foreign Economic Affairs of Turkmenistan, IDB Executive from Turkmenistan.
From Turkmen side, the event was attended by representatives of the Ministry of Finance and Economy, the State Insurance Organization, the Main State Service “Turkmen Standards” and a number of banks “Turkmenistan”, “Turkmenbashi”, “Daykhanbank”, “Halkbank”, JSCB “Senagat” etc.