Ashgabat, Turkmenistan, Feb. 25
By Huseyn Hasanov - Trend:
Turkmenistan is taking steps for state support of entrepreneurs to increase their share in the country's GDP volume, according to the article of the Strategic Planning and Economic Development Institute of Turkmenistan.
Entrepreneurs are provided with trust credit funds, which are particularly directed at ensuring the population with consumer goods at reasonable prices.
The Turkmen institute drew attention to the fact that private business is represented today in many sectors of the country's economy, and plays a key role in some of them. So, in total retail turnover, the private sector share accounted for 92 percent in 2015.
In addition, currently, enterprises of this economy sector manufacture more than 92 percent of agricultural products. The private sector increasingly strengthens on construction and food markets of the country.
The article said that in order to increase the range and volume of the products exported, the Union of Industrialists and Entrepreneurs of Turkmenistan was authorized to sell all kinds of raw hides, leather obtained after primary treatment, as well as wool on foreign markets.
Earlier it was reported that in 2015, GDP growth in Turkmenistan amounted to 6.5 percent.