World Bank Project Perspectives for Turkmen Entrepreneurs

On June 19, the Ministry of Finance and Economics held online negotiations on the Doing business project of World Bank. Along with representatives of the State Bank for Foreign Economic Affairs and the Ministry of Foreign Affairs, the meeting was attended by delegates from the Union of Industrialists and Entrepreneurs.

The above-mentioned project to date covers more than 180 countries. Its goal is to provide an objective basis for understanding and improving the regulatory framework governing entrepreneurial activity around the world, by collecting and analyzing comprehensive quantitative data to compare the conditions for regulating this type of work between countries and over time.

Noting the productive nature of cooperation with World Bank in various areas, the negotiators emphasized the importance of the proposed project.

There was implemented the exchange of views that took place on prospects for building up bilateral relations in context of cardinal transformations in Turkmenistan, and, in particular, on the further development of the private sector.