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Number of privatized objects of Turkmen state property published

Business Materials 12 October 2020 14:57 (UTC +04:00)
Number of privatized objects of Turkmen state property published

BAKU, Azerbaijan, October 12

By Jeila Aliyeva - Trend:

Some 53 state property objects were privatized in Turkmenistan from January through September, Trend reports with reference to the Turkmenportal information portal.

Some 126.1 million Turkmen manat (more than $36 million) were transferred to the state budget, and 122 million manat (more than $34 million) were received for renting state property.

According to the results, the ratio of investment to GDP aimed at the development of the national economy of the country was 21.3 percent.

As reported, the privatization of state property, transformation into joint-stock companies of enterprises, and institutions with a state share of capital, the organization of the securities market are the main directions of the country's work.

The volume of disbursed investments from all sources of financing reached 22.2 billion Turkmen manat (more than $ 6 billion) in the reporting period.

Thus, the GDP growth rate in Turkmenistan was 5.8 percent from January through September.

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Follow the author on Twitter: @JeilaAliyeva

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