Economy
09.04.2021
3930
Lebap news: Production of silk cocoons and construction of the main gas pipeline
Feeding of silkworm has started in the Amudary River valley. Silk producers of the southeastern regions – Koytendag, Hojambaz, Kerky and Khalach, where favorable weather conditions allowed starting to cultivate silk material in orderly manner, were the first to receive the silkworm eggs.
09.04.2021
3635
Innovative development for new textile complex
Kaahka Textile Complex, which construction is carried out by Turkish Cotam Enterprises Ltd., is provided with advanced technological equipment of the last generation. Specialists have finished the installation of 13 K 46 Rieter compact spinning machines in the spinning workshop.
08.04.2021
4143
Forum of producers and entrepreneurs: Investments, import substitution and digitization
Investment forum with participation of Turkmen producers and entrepreneurs as well as specialists of transport and communication complex of the country has started in the building of the Türkmendemirýollary Agency.
07.04.2021
4103
Market mechanisms in agriculture
Number of private producers developing agricultural production is growing in the north of the country like in other regions. More and more individuals and legal entities receive land plots for 99 years lease from special agricultural land funds.
07.04.2021
4129
Export of Turkmen products: point of growth
Experts of the World Trade Organization, relying on data on higher than expected rates of trade recovery in the second half of last year, are optimistic about the prospects in this segment. According to new estimates from the WTO, the volume of world merchandise trade is expected to increase by 8.0% in 2021 after having fallen 5.3% in 2020, continuing its rebound from the pandemic-induced collapse, and 4.0% in 2022.
05.04.2021
3546
Support of financial stability of Central Asian and Caucasus countries is a subject of video conference
Minister of Finances and Economy of Turkmenistan M. Serdarov took part in online collegial discussion of the heads of Central banks and ministries of finances of Central Asia and Caucasus countries under spring session of International Monetary Fund and the World Bank. Video conference was organized by the Middle East and Central Asia Department of the International Monetary Fund.
05.04.2021
9890
Turkmenbashy Refinery Complex exercises a tender on production of Jet A-1 fuel
Turkmenbashy Refinery Complex is planning to start the production of Jet A-1 fuel. This is European analogue pf TC-1 fuel made by the facility. Jet A-1 fuel is designated for gas turbine engines of European and North American aircrafts. It is included to international documents and operation manuals of Airbus and Boeing aircrafts.
05.04.2021
2302
Global economic processes: trends and forecasts
With the beginning of mass vaccination against COVID-19in the world, international organizations that regularly publish reviews of the global economy predict its growth. In January this year, the International Monetary Fund projected the global economy is to grow 5.5 percent in 2021. The 2021 forecast is revised up 0.3 percentage point relative to the previous forecast, reflecting expectations of a vaccine-powered strengthening of activity later in the year and additional policy support in a few large economies. For countries with developing economies, the forecast for 2021 has been improved to 6.3% (+ 0.3%).
03.04.2021
3066
Outcomes of exchange week: Businessmen from Switzerland and Turkey buy production of fuel and energy complex while textile is on high demand in UAE
7 transactions have been registered at the trades of the State Commodity and Raw Material Exchange of Turkmenistan last week.
31.03.2021
2796
Cotton sowing is started in the north of the country
Farmers of Dashoguz Region, where the sowing campaign starts a bit later than in other regions of the country, has started cotton sowing today.