BAKU, Azerbaijan, September 25
By Jeila Aliyeva - Trend:
Turkmenistan will increase the volume of credit funds issued for the development of industrial sectors of the economy, encourage small-scale production, and increase the volume of credit and financial resources for the population, said Turkmen President Gurbanguly Berdimuhamedov, Trend reports with reference to Turkmenistan’s State News Agency.
The president said these words at a meeting of the Halk Maslahaty (People's Council) of Turkmenistan.
The head of the state noted that the country will continue to build residential homes for disabled people and citizens in need of support at the expense of the state budget in 2021.
In addition, most of the funds will be allocated to education, healthcare, and the pension fund, noted by the president.
Currently, more than 70 percent of the state budget is directed to the social sphere, in a large volume of financial means spent on the improvement of social conditions of the population of villages, towns, and cities in the districts.
Turkmenistan achieved sustainable development of its economy and managed to keep significant amounts of financial resources in reserve, despite the impact of the pandemic on the economy of all countries of the world, noted the president.
Berdimuhamedov pointed out that the country intends to take all necessary measures to implement the five-year development program of the country adopted at last year's meeting of the Halk Maslahaty.
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