...

Turkmenistan, UN to develop integrated national financing framework for SDGs

Turkmenistan Materials 30 August 2024 16:06 (UTC +04:00)
Aman Bakiyev
Aman Bakiyev
Read more

ASHGABAT, Turkmenistan, August 30. The Turkmenistan Investment Forum (TIF-2024), set to take place on September 10-11, will feature a pivotal meeting between the UN Joint Expert Group and the government of Turkmenistan with a primary focus on establishing an Integrated National Financing Framework (INFF) aimed at achieving the country’s Sustainable Development Goals (SDGs), Trend reports via Turkmen media.

The forum will convene a range of key stakeholders, including government officials, international organizations, and experts, to strategize on effectively reaching the SDGs in Turkmenistan. Discussions will encompass several critical areas:

• Enhancing statistical capacity: Jalpa Ratna, a UNICEF representative, will lead a session on improving Turkmenistan's statistical capabilities, crucial for tracking SDG progress. The deputy of the Turkmen State Statistics Committee will highlight current achievements and future plans for national statistics development.

• Global and regional SDG costing: Nur Barnat, Head of the Methodology Division, and Petra Kynclova, a UNCTAD statistician, will provide insights into the global and Central Asian costing of SDGs during an online session.

• Investment in food security: Akosh Sebeni, Senior Technical Advisor at the FAO Regional Office for Europe and Central Asia, will discuss successful strategies and recommendations for securing investment in the agricultural sector, also through an online presentation.

• Financing mechanisms for SDGs: Irina Gukasova, UNDP Project Manager, will present the UNDP’s role in developing integrated national financing mechanisms for the SDGs in Turkmenistan. Her presentation will underscore the importance of blending international best practices with national specifics to drive sustainable development.

• SDG joint country analysis: the final session will review Turkmenistan's SDG progress and commitments. Experts from the Ministry of Finance and Economy of Turkmenistan, along with economist Vladimir Valetka from the UN Resident Coordinator's Office, will present key results and outline future steps.

The Integrated National Financing Framework (INFF) supports countries in improving their planning processes and overcoming financial barriers to achieving sustainable development. It outlines various financing sources, including domestic and international, public and private, enabling countries to craft strategies for boosting investment, managing risks, and meeting their national sustainable development priorities.

The Turkmenistan Investment Forum (TIF-2024) is expected to be a crucial platform for forging stronger partnerships and advancing the national financing structure necessary for achieving the SDGs in Turkmenistan. Participants are anticipated to finalize plans for ongoing collaboration between national and international partners, fostering the country’s sustainable development.

Stay up-to-date with more news at Trend News Agency's WhatsApp channel

Tags:
Latest

Latest