The IMF presented a report on the development of the economies of Central Asia and the Caucasus in Ashgabat

23:4728.04.2020
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The IMF presented a report on the development of the economies of Central Asia and the Caucasus in Ashgabat

Today, the Ministry of Finance and economy of Turkmenistan hosted an online presentation of the report of the International Monetary Fund "Prospects for regional economic development" for the countries of Central Asia and the Caucasus (PRED CAC).

As noted during the videoconference, in the current situation in the global space, the strengthening of mutually beneficial partnership between the world's States has become even more relevant and important. In this process, an important role is assigned to the leading financial institutions, first of all, the IMF.

This review analyzes the key trends, as well as the prospects for the development of the economies of Central Asia and the Caucasus. The report stressed that, given the changes in growth estimates for the current year, the IMF is working with international and regional financial institutions to quickly take appropriate practical steps in this direction.

The subject of the web discussion was the measures taken by governments to reduce the impact of COVID-19 on national economies and strengthen stability in their countries.

As noted, Turkmenistan is carrying out large-scale activities in order to minimize the negative impact of the global crisis on the development of the state's economy. The implemented measures are designed to ensure positive indicators in all sectors of the national economic complex, the state news Agency of Turkmenistan reports.

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