Dear compatriots!

Respected banking sector employees!

I sincerely congratulate you on the 31st anniversary of the introduction of the national currency of Turkmenistan – the manat, which is a symbol of the country's economic development and achievements in the era of the Revival of the new epoch of the powerful state!

The introduction of the national manat has created positive opportunities for the harmonious development of the economy, stable monetary circulation, and the effective implementation of a unified state monetary policy. The strategy of this policy is to create favorable macroeconomic conditions to ensure the stability of monetary circulation and achieve stable economic development, improve the material well-being of the population, strengthen the competitiveness of the national economy, and successfully integrate the banking system into the international financial market. In achieving these goals, the banking system of the state is given great importance as an integral part of the market economy.

The banking sector, as the most important part of the country's economy, has become one of the rapidly developing structures. Ensuring its sustainable development through the widespread introduction of digital systems, effective risk and capital management mechanisms, the development of corporate governance systems, as well as the improvement of business forms, increasing the profitability and income of banks are among the priority tasks for the future.

The successful implementation of national programs is also reflected at the international level. International organizations positively assess the stable economic development of our Motherland.

Respected banking sector employees!

Currently, work continues to bring the country's banking regulatory legislation in line with international standards. In the context of modern requirements, the range of banking services is also developing. To accelerate settlements and cash flow, the introduction of advanced forms of service using technologies for safe and fast money transfers by the population is expanding the range of electronic payments in the banking sector.

The introduction of digital technologies has made it possible to automate labor-intensive work, activate the activities of the financial and economic system, expand the range of banking services provided, which contributes to increasing its efficiency and speed. The circulation of the national manat in the economy is also being improved, where rapid monetary circulation has led to an increase in the number of new productions. In addition, fruitful work is being carried out to improve the financial literacy of the population. The professionalism of banking employees is systematically growing.

Investment projects aimed at implementing the adopted programs for the development of Turkmenistan's foreign economic relations by the authorized credit organizations of the country are financed by attracted funds for the long and short term. Foreign financial organizations are actively involved in this work. In terms of socio-economic development and the volume of gross domestic product per capita, Turkmenistan has reached the average level of high-income countries. This is a concrete indicator of the effectiveness of the monetary, tax-budgetary, pricing, and investment policies pursued in the Motherland. The achieved successes are confirmed by the International Monetary Fund, the World Bank, and other authoritative international organizations.

We will continue to pay special attention to the consistent improvement of the country's monetary policy, increasing the volume of lending to the production sectors of the national economy, stimulating small productions, increasing the volume of credit financing for the population, forming affordable interest rates, improving the quality of banking services, as well as developing fruitful cooperation with international financial organizations, and the widespread introduction of innovative technologies.

Dear compatriots!

Respected banking sector employees!

Once again, I sincerely congratulate you on the 31st anniversary of the introduction of the national currency unit of independent neutral Turkmenistan – the manat! I wish you good health, family well-being, a peaceful and happy life, and great success in your work for the further progress of our sovereign state!

President of Turkmenistan
Serdar Berdimuhamedov.