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Total amount of funds on settlement, current accounts and deposits in Turkmenistan increases

Finance Materials 25 June 2023 20:11 (UTC +04:00)
Khayal Khatamzadeh
Khayal Khatamzadeh
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BAKU, Azerbaijan, June 25. The total amount of funds on settlement, current accounts and deposits of enterprises, organizations and the population in banks of Turkmenistan as of May 1 of this year amounted to 38.7 billion Turkmen manats ($11.07 billion), Trend reports.

According to the Central Bank of Turkmenistan, these figures are 4.7 percent more than on the same date last year (36.94 billion Turkmen manats or $10.57 billion).

Of the total amount, the share of funds of state-owned enterprises and organizations accounted for 24.84 billion Turkmen manats ($7.11 billion), which is 17.7 percent more than on May 1 last year (21.09 billion Turkmen manats or $6.03 billion).

At the same time, the share of funds of enterprises, non-governmental organizations and the population accounted for 13.85 billion Turkmen manats ($3.96 billion), which is 12.5 percent less than on the same date in 2022 (15.84 billion Turkmen manats or $4.53 billion).

Furthermore, the funds of individuals and entrepreneurs without the formation of a legal entity in the banks of Turkmenistan amounted to 4.14 billion Turkmen manats ($1.18 billion), which is 15.1 percent less than on May 1 last year (4.88 billion Turkmen manats or $1.39 billion).

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