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Turkmenistan to prepare investment program till Oct.1

Business Materials 19 August 2010 17:30 (UTC +04:00)

Turkmenistan, Ashgabat, Aug.19 / Trend, H.Hasanov /

The Turkmen President Gurbanguly Berdimuhammadov ordered to develop the country's investment program for 2011-2015 and submit to the Cabinet of Ministers till Oct.1 2010.

This document is needed in order to achieve the innovative development of national economy, creating high-tech industries, manufacturing resource and energy efficient, ecologically clean products.

The country's Economy and Development Ministry was instructed. Berdimuhammadov at a special meeting in Ashgabat noted that "special attention" should be given to work on further enhancing cooperation with international financial organizations, including the International Monetary Fund, World Bank, European Bank for Reconstruction and Development, Asian Development Bank, Islamic Development Bank and other leading foreign banks.

In addition, in order to effectively use public resources, the Ministry of Finance should prepare proposals for making changes in the public budget savings as a result of the first nine months of 2010.

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