BAKU, Azerbaijan, November 10
By Jeila Aliyeva - Trend:
There has been steady progress with advancing the digitalisation agenda in Turkmenistan, Trend reports with reference to The European Bank for Reconstruction and Development (EBRD) Transition Report 2020-2021.
According to the report, the digitalisation has been identified as the core pillar of the Program of President of Turkmenistan Gurbanguly Berdimuhamedov for the socio-economic development of the country for 2020-2025. An important event in this regard was the adoption of the Law of Turkmenistan “on electronic documents, electronic document management and digital services” in March 2020.
“In July 2020 the Ministry of Finance and Economy implemented electronic document management for its units, with the president emphasizing the need to transition to e-government. In August 2020 online registration of businesses was introduced, allowing entrepreneurs to accelerate the process of registration and liquidation. In addition, the “Electronic Tax” system is being introduced to optimise tax returns and simplify tax reporting,” the report says.
In terms of Turkmenistan’s structural reform developments, EBRD also noted observer status in the WTO that was granted to Turkmenistan in July 2020, which is a positive step towards further integration into global trade and may provide an impetus towards diversifying the economy from hydrocarbon exports. In addition, there are associated benefits of increased transparency for investors and trading partners, the report notes.
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