Ashgabat, 16 February 2021: Within the framework of the joint project of the United Nations Development Programme (UNDP) and the Ministry of Finance and Economy of Turkmenistan "Partnering for SDG acceleration", webinar was held on the topic: “Application of public-private partnership to achieve the Sustainable Development Goals” with support of the “Russian Experts on Demand” financed by the Russian Federation. The purpose of the webinar is to familiarize with international best practices in financing and attracting investment to achieve the SDGs enshrined in the Addis Ababa Action Agenda of the Third International Conference on Financing for Development, using public-private partnerships (PPPs).

Representatives of Ministry of Finance and Economy of Turkmenistan, Ministry of Foreign Affairs of Turkmenistan, Central Bank of Turkmenistan, State Committee of Turkmenistan on Statistics and other departments of the country responsible for the implementation of the Sustainable Development Goals and involved in the process of SDG financing took part in this event. During the webinar, Russian experts on economic policy and state partnerships of the Moscow Institute of International Relations (MGIMO) led by Ms. Elena Zavyalova, as well as experts from the National PPPs Center (Russian Federation), State Development Corporation VEB.RF (Vnesheconombank), Moscow office of the international law firm Squire Patton Boggs presented an overview of modern financing mechanisms for the Sustainable Development Goals, including the possibility of using public-private partnership mechanisms, international experience in introducing the principles of high-quality infrastructure investments, developing legislation and best practices in applying PPP mechanisms in the post-Soviet countries, international standards, best practices and features of preparation and implementation of PPP projects in various sectors of the economy.

The socio-economic policy of Turkmenistan is aimed at integrating partnerships with international financial organizations and institutions and promoting innovative tools and financing mechanisms for implementation of the Sustainable Development Goals.

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