13.10.2018. 38 transactions were concluded at the State Commodity and Raw Materials Exchange of Turkmenistan last week.

Businessmen from Russia and the United Arab Emirates purchased polyethylene and polypropylene, businessmen from the UAE and Afghanistan purchased diesel fuel produced at the Seydi oil refinery. Businessmen from the Russian Federation, the United Arab Emirates, Turkey, Serbia, Estonia, Pakistan, Afghanistan, Ukraine, Uzbekistan among others purchased Portland cement, colorless heavy sheet glass, cotton yarn and cotton cloth, licorice extract to the total amount of more than US$ 69.716.

Businessmen from the RF, the UK, Turkey and Pakistan purchased cotton yarn, tea beverage with liquorice to the total amount of more than 1.547 million manat.

Turkmen businessmen purchased polypropylene film to the total amount of 82.000 manat.

State News Agency of Turkmenistan

13.10.2018. As is known, in August this year, President of Turkmenistan made a decision on issue of the apartments in the houses built on the territory of the Olympic village and gave instructions of creation of shopping centre, which was ceremonially opened today.
Heads of city and regional administrations, honoured elders, representatives of public organizations, mass media, Ashgabat residents took part in the opening ceremony of two-storey shopping centre, which supplemented social and living infrastructure of the capital. Celebration atmosphere was created by song and dance programme as well as demonstration performance of sportsmen.
Ground floor of the centre presents wide variety of food production while the first floor offers industrial and household goods. Well-thought zoning of shopping halls taking into account marketing component and modern format of services makes comfortable conditions for the clients, who are offered with wide spectrum of high quality good of local production. Information terminal, which allows receiving the information about availability of products, is installed in the foyer of the centre for the comfort of the clients.

www.tdh.gov.tm

12.10.2018. By the outcomes of nine months of 2018, the growth rate of the GDP is observed on 6.2 percent level including 4.2 percent n industrial sector, 0.6 percent in construction, 10.8 percent in transport and communication complex, 7.6 percent in trade, 4.9 percent in agriculture and 10.6 percent in service sphere.
The growth rates of production for January – September 2018 increased by 4.6 percent comparing with the same period of 2017.
Retail sale indicator is 19.5 percent higher than in the same period of the last year.
As of October 1 this year, the revenue of the main financial plan is executed by 116.2 percent while the expenditure part is 92.6 percent. The revenue of local budget was 6,228.3 million manats and expenditures – 5,517.2 million manats.
73.3 percent of the State budget was used for financing of social sphere. Average salary wages increased by 9.4 percent comparing with relative period of the last year. Salaries, pensions, state allowances and students scholarships were paid on time and in full volume.
The volume of drawn investments from all sources of financing was 31.3 billion manats for three quarters of the year. The ratio of this indicator against the GDP is 33.4 percent. Investment programme was fulfilled by 104.7 percent. 65.8 percent has been used for construction of production facilities and 34.2 percent for construction of social and cultural objects.

www.tdh.gov.tm

12.10.2018. President Gurbanguly Berdimuhamedov held extended session of the Cabinet of Ministers where outcomes of activity of the branches of national economy for nine months of the year have been summed up.
Having announced the agenda, the Head of the State gave floor to the Minister of Finances and Economy B. Bazarov who reported on the fulfilment of the State budget for the period under review. As of October 1 this year, the revenue of the main financial plan is executed by 116.2 percent while the expenditure part is 92.6 percent.
The revenue of local budget was 6,228.3 million manats and expenditures – 5,517.2 million manats.
56 sessions of balance commissions including 53 sessions of regional commissions were held for the period under review.
The volume of drawn investments from all sources of financing was 31.3 billion manats for three quarters of the year. The ration of this indicator against the GDP is 33.4 percent. Investment programme was fulfilled by 104.7 percent. 65.8 percent has been used for construction of production facilities and 34.2 percent for construction of social and cultural objects.

On October 10, 2018, there was a meeting at the Ministry of Foreign Affairs of Turkmenistan with the delegation of Asian Development Bank (ADB) headed by Director General for Central and West Asia Department Mr. Werner Liepach who arrived in Ashgabat to pay an official visit.
In the course of meeting, parties noted the successful outcomes of Consultation meeting with the CAREC National Focal Points. Furthermore, the parties discussed preparations for the 17th Ministerial Conference on CAREC to be held in November, in Ashgabat in the framework of Turkmenistan’s chairmanship in CAREC Program in 2018.
The parties exchanged views on present situation of cooperation between Turkmenistan and Asian Development Bank and discussed matters related to further improving existing relations. The parties discussed the opportunities to expand relations in energy, industry, transport and trade sectors. In addition to that, strengthening cooperation in entrepreneurship and banking sector was also subject of discussions.
During the exchange of views on further improvement of relations in the framework of CAREC Program, ADB delegation expressed readiness to coordinate joint works in the projects and programs to be implemented by the ADB in Turkmenistan.

www.mfa.gov.tm

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