President of Turkmenistan Gurbanguly Berdimuhamedov has given instructions at a meeting of the Cabinet of Ministers to ensure the stability of the financial system, investment activity in the country, as well as the stability and purchasing power of the national currency – the Turkmen manat. “Export volumes and reserve monetary funds should be increased,” the…
The Turkmen chemical industry is one of the fastest growing sectors of the national economy. The biggest mining and processing complex for the potash fertilizer production in Central Asia was built in the Turkmen Lebap region. The big industrial complexes for the carbamide and ammonia production are being built in the country. Earlier, it was…
Garlyk mining and processing plant for the production of potassium fertilizers will be inaugurated on March 31, Turkmen Foreign Ministry said in a message. Equipped with the most advanced technologies, this plant will become the flagship of the Turkmen chemical industry and the largest industrial-production complex in the Asian continent. The fact that its construction…
Belarus and Turkmenistan are able to raise trade to $1 billion, Ambassador Extraordinary and Plenipotentiary of Belarus to Turkmenistan Oleg Tabanyukhov declared on March 29. “Our embassy should treble our efforts. Our task is to raise the trade to $1 billion. Today we are exploring the ways to accomplish this task,” Oleg Tabanyukhov said. In…
Turkmenistan’s President Gurbanguly Berdimuhamedov at a meeting of the Cabinet of Ministers recalled that he had earlier given instructions concerning the development of local airlines, the Turkmen government said in a message. He expressed dissatisfaction with the management of Turkmenistan Airlines in meeting the needs of the country’s population in air transportation and noted that…
In the challenging external environment, maintaining strong, sustainable, and inclusive growth for Turkmenistan will require improvements in the business and regulatory environment to support further private sector development, the IMF (International Monetary Fund) mission said in a message following the visit to Ashgabat. Effective implementation of reforms of state-owned enterprises and privatization, greater efficiency of…
The ceremony to launch the Garlyk mining and processing factory is scheduled to take place on March 31. Chairman of Belarus’ Council of the Republic Mikhail Myasnikovich and Deputy Prime Minister of Turkmenistan Batyr Ereshov discussed the plans in Ashgabat. The meeting was held as part of the working visit of Mikhail Myasnikovich to Turkmenistan…