Ashgabatskaya Stock Exchange in cooperation with the United States Agency for International Development (USAID) provides consulting services to private companies on securities issuance. This initiative is aimed at further development of Turkmenistan's stock market by introducing new financial instruments and raising business awareness of alternative financing options. This is reported in the press release of the USAID - FGI project.
The Ashgabat Stock Exchange plays an important role in managing investment flows in Turkmenistan. The country has adopted regulations aimed at developing the securities market and improving the financial system. Although the exchange currently trades bonds and shares, it has the potential to further grow the capital market.
Compliance support for companies is vital to capital market development. A USAID advisor will assist firms with the process of listing securities on an exchange. Firms will receive securities market training and compliance guidance. The partnership provides an opportunity to expand the range of financial instruments available.
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