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Turkmenistan to Conduct Audit of Banking System

30.11.2024

On November 29, Turkmenistan’s Vice Premier Khojamyrat Geldimyradov presented a report to President Serdar Berdimuhamedov at a government meeting on measures to audit the annual financial statements of the republic’s banks. This was reported by the electronic newspaper “Turkmenistan: Golden Age.”

The Deputy Prime Minister emphasized that this initiative is being carried out in accordance with the president’s decree on the program for reforming accounting and auditing, and it will allow for the analysis of the accuracy of financial statements and the assessment of financial risks. In this regard, Geldimyradov presented the relevant proposal to the president for consideration.

Serdar Berdimuhamedov highlighted the importance of further improving banking activities and expanding the range of services provided by the country’s credit institutions. Approving the proposal to announce an international tender for the audit of banks in the media, the head of state instructed to carry out the necessary work in this direction.

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