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    Tajikistan

    Tajikistan and Turkey strengthen economic ties through memorandum on public financial management cooperation

    Tajikistan and Turkey strengthen economic ties through memorandum on public financial management cooperation

    Tajikistan and Turkey have strengthened their economic and financial ties with the signing of a memorandum of understanding between the Minister of Finance of Tajikistan, Faiziddin Kakhhorzoda, and the Minister of Treasury and Finance of Turkey, Mehmet Şimşek. The memorandum aims to enhance cooperation in public financial management, fostering efficiency and collaboration between the two nations, Ministry of Finance of Tajikistan reported. 

    Photo: Tajikistan and Turkey have strengthened their economic and financial ties with the signing of a memorandum of understanding between the Minister of Finance of Tajikistan, Faiziddin Kakhhorzoda, and the Minister of Treasury and Finance of Turkey, Mehmet Şimşek.
    Source: Ministry of Finance of Tajikistan
    "This regulatory act will contribute to the further expansion of cooperation between the Ministry of Finance of the Republic of Tajikistan and the Ministry of Treasury and Finance of the Republic of Turkey in the field of improving the efficiency of public financial management," stated the Ministry of Finance of Tajikistan. The signing took place during the Tajik finance minister's official visit to Ankara.

    The discussions during the visit focused on key areas of cooperation, including the implementation of reforms in the public financial management system. Special attention was given to reforms in education and healthcare, conducted in collaboration with the World Health Organization and the World Bank. Other topics included the digitalization of public services, the development of non-cash payment methods, and the advancement of the state electronic payment system.

    This memorandum underscores the commitment of Tajikistan and Turkey to fostering mutual development and cooperation in various crucial sectors, ultimately contributing to the economic growth and well-being of both nations.

    In the words of the Tajik Ministry of Finance, this regulatory act will pave the way for an expanded and more efficient partnership between the two countries, benefiting public financial management initiatives on both sides.

    Earlier Daryo reported that the initial consultation session of the high-level working group discussing the transport corridor involving Tajikistan, Uzbekistan, Turkmenistan, Iran, and Turkey occurred in Dushanbe, according to the Ministry of Transport. Experts from the Center for the Study of Transport and Logistics Development Issues participated in the meeting under the auspices of the Economic Cooperation Organization (ECO). Following the Ankara Declaration from the 11th gathering of transport ministers in the Organization of Islamic Cooperation (OIC), an agreement was reached to establish a project program to advance the multimodal transport corridor in these nations.

    Follow Daryo's official Instagram and Twitter pages to keep current on world news.

     
    05.01.2024, 22:58   Comments (0)   2314
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