World Bank intends to support Turkmenistan?s private-sector producers of agricultural products

AKIPRESS.COM - Turkmenistan and the World Bank (WB) are in early stages of discussions on potential activities to support private-sector producers of agricultural products in the country, the World Bank's representative told Trend. According to WB, such activities would foster economic diversification of Turkmenistan, increase food self-reliance, and boost export opportunities in the economy's non-hydrocarbon sectors.
"World Bank will contribute to the strengthening of regional coordination and information sharing and services; the improvement of the technical and organizational capacity of the Executive Committee of the International Fund for Saving the Aral Sea and the Regional Center for Hydrology as coordination mechanism benefiting National Hydrometeorological Services; the enhancement of the regional system of (re-)training and professional development in the fields of meteorology, hydrology, and climate; and the overall increase in the quality of hydrometeorological services provided by National Hydrometeorological Services," said the representative of WB.
The sides also are cooperating in strengthening country's digital economy, said the bank.
The joint work of Turkmenistan and WB in mentioned area could include technical advice and assistance to the banking sector, what would contribute for further digitization of banking services.
In addition, WB has shared views on the bank's priorities of its cooperation with Turkmenistan. It was noted that Turkmenistan has been requesting the World Bank for support in strengthening the capacity and functioning of institutions in banking and finance, statistics, and hydrometeorological services.