Jihad Azour, the director of the Middle East and Central Asia Department at the International Monetary Fund, held online negotiations with Muhammetgeldi Serdarov, the head of the Ministry of Finance and Economy of Turkmenistan, and Merdan Palvanov, the deputy head of the Central Bank. They discussed the development of the national economy, reported the press office of the Turkmen department.
Azour stressed that Turkmenistan has large reserves of natural resources, in particular gas. He stated that the IMF plans to help the Central Asian state reform the budget and tax systems so that they bring more benefits to the people and the economy.
Serdarov stressed that the Ministry of Finance and Economy is taking the necessary steps to ensure food security in the country, as well as to maintain economic stability amid the COVID-19 pandemic.
Chad Steinberg, the head of the International Monetary Fund mission for Turkmenistan, who also took part in the online meeting, said that the IMF will continue to collect and analyze data on the state of the economy of the Central Asian state.