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Turkmenistan to continue constitutional reforms

Turkmenistan Materials 8 August 2014 10:22 (UTC +04:00)
Ashgabat hosted the first meeting of the state commission on the improvement of the Turkmenistan`s Constitution, created with the purpose of further implementation of the reforms and to bring basic law in line with international standards and requirements of the time, according to the report of Turkmen government.
Turkmenistan to continue constitutional reforms

Ashgabat, Turkmenistan, August 7
By Huseyn Hasanov- Trend:

Ashgabat hosted the first meeting of the state commission on the improvement of the Turkmenistan`s Constitution, created with the purpose of further implementation of the reforms and to bring basic law in line with international standards and requirements of the time, according to the report of Turkmen government.

In his keynote speech, Turkmen President Gurbanguly Berdimuhamedov said that the Constitution which was adopted in 1992 has successfully passed the test of time, the report said.

Important changes and additions were made to the Constitution in 2008, which allowed to create necessary legal conditions for the reform of the system of state power and local self-government, as well as for accelerated economic growth, according to the president.

"In the course of the taken steps, close attention was paid to the development of a multi- sectoral national economy, especially private business," the report said.

The head of the state noted the desirability of examining the expert assessment of the new project of the Constitution on the part of international organizations, the report said.

Turkmenistan has embarked on the course for gradual transition to the market economy, which previously was reflected in the Constitution.

At present, a number of measures are being implemented in Turkmenistan: denomination of the national currentcy, the unification of exchange rates.

The country has moved to the international accounting standards in 2014.

Turkmenistan is rich in natural gas, export volumes of cotton and grain are harvested in the country, the diversification of the economy is being held. Privatization is actively being held in construction, communications and services.

Edited by CN

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