Turkmenistan, Ashgabat, August 5 / Trend G. Hasanov /
Delegation of the European Bank for Reconstruction and Development (EBRD) studies prospects of support for private entrepreneurship in Ashgabat, the official Turkmen source said.
Turkmenistan is at transition stage from planned to market economy, indicated in the Constitution, updated in autumn 2008. Turkmenistan launched monetary reform - denomination in 2009. Before, unification of exchange rates was conducted. Accounting and statistical reports pass to international standards now.
Several meetings of EBRD delegation are held in the Central Bank, Ministry of Economy and Development, Turkmen Institute of Strategic Planning and Economic Development and Joint-Stock Commercial Bank Senagat.
EBRD was founded in 1991. EBRD is the largest investor-creditor in the region conducting long-term loaning both in the private and public sectors. EBRD has recently submitted Turkmenistan presentation of corporate programs and business consulting services - TAM / BAS.
The purpose of this program is to increase skills of administrative staff, promotion of branches with great potential, increase of their competitiveness, drawing investments, market development and training of professional staff.
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