Large-scale reforms are underway across Turkmenistan's economic, financial, and banking sectors to maintain macroeconomic stability, advance production on an innovative foundation, and improve living conditions for the population. This was reported on October 31 during a regular meeting of the Cabinet of Ministers chaired by President Serdar Berdimuhamedov via digital system.

During the government meeting, Deputy Chairman of the Cabinet of Ministers Hojamyrat Geldimyradov provided a detailed report to the Head of State on ongoing economic and financial activities and the implementation of national programs.

According to the Vice Prime Minister, major investment flows are currently targeted at diversifying the national economy and securing its industrial-innovative development. As a result, new industrial and social facilities are continuously brought into service, creating new jobs for the public. Systematic measures are also being undertaken to modernize banking and insurance services, broadly implement digital financial technologies, and refine labor relations and social protection. Furthermore, effective steps are being taken to expand cooperation with international financial institutions and improve the performance of statistical and standardization agencies.

President Serdar Berdimuhamedov listened to the report and emphasized the crucial role of the economic sector in ensuring the country's sustainable development and modernizing the fiscal system. The Head of State issued several specific instructions to the Vice Prime Minister to execute planned targets at a high level across all branches of the national economy and further enhance the performance of sector institutions.