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Turkmenistan preparing to harvest wheat

Business Materials 23 April 2019 11:26 (UTC +04:00)

Ashgabat, Turkmenistan, April 23

By Huseyn Hasanov– Trend:

President of Turkmenistan Gurbanguly Berdimuhamedov demanded at a working meeting that regional administrations begin comprehensive preparations for grain harvest, Trend reports with reference to Turkmen TV "Altyn Asyr".

Traditionally, wheat harvesting begins in Turkmenistan in June. This year, it is planned to harvest 1.60 million tons of food grain from 760,000 hectares of land. For the wheat production, the state provides seeds, mineral fertilizers and means for combating agricultural pests on preferential terms.

In 2019, production costs for growing wheat will be 1,449.77 manats per hectare, but tenants will only refund 687.54 manats. Thus, more than half of the expenses of grain growers is subsidized by the state, the State News Agency of Turkmenistan reported earlier.

The official exchange rate of the Turkmen manat (TMM) to one US dollar remains at the level of 3.50 TMM since early 2015.

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