Ashgabat, Turkmenistan, June 21
By Huseyn Hasanov – Trend:
Turkmen President Gurbanguly Berdimuhamedov at a government meeting instructed to take effective measures to ensure price stability in the domestic market, the Turkmen government said in a message.
The Turkmen president instructed to take appropriate measures to ensure financial discipline of all economic entities.
It is necessary to analyze in detail the activity of institutions of the financial and banking system, Berdimuhamedov said, having ordered to prepare proposals for improving the regulatory framework governing their activity.
During the government meeting in December 2017 Berdimuhamedov said that according to the forecasts, the Turkmen manat rate will remain stable.
Turkmenistan, according to the British Petroleum (BP) report, has the fourth largest natural gas reserve in the world and at this stage exports it to China and Iran.
Ashgabat set a course to diversify the local economy. The textile industry and the production of petroleum products, the oil and gas chemical industries and the industry for production of building materials are actively developing.