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    Turkmenistan

    Turkmenistan to revise mechanisms of public-private partnership

    Turkmenistan to revise mechanisms of public-private partnership

    Gurbanguly Berdimuhamedov, chairman of Turkmenistan's highest representative body, the Halk Maslakhaty (People's Council), proposed to revise the mechanisms of public-private co-operation, local TV channel Altyn Asyr reports.

    Under his leadership, a Presidium of the Halk Maslakhaty was held in Ashgabat, attended by the heads of the Majlis (Parliament), deputy chairmen of the Cabinet of Ministers, representatives of political parties and public organisations, and a number of agencies.

    He also spoke of the importance of improving the work of the securities market, stock exchange, activating the private sector, and providing additional guarantees to shareholders to reduce risks.

    Berdimuhamedov emphasised the importance of preparing proposals on the country's investment policy, ensuring a stable exchange rate of the national manat, and streamlining money circulation, the report said.

    These issues are expected to be considered during the next meeting of the Halk Maslakhaty scheduled for 24 September 2023.

    Turkmenistan's Constitution enshrines an article on a phased transition to a market economy. By the end of 2022, the share of the private sector in the gross domestic product (excluding the oil and gas industry) was about 70%.

    Credits: Eziz Boyarov

    19.07.2023, 17:28   Comments (0)   1055
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