The third edition of ‘Finance and Economics’, a scientific practical journal, published by the Ministry of Finance and Economy in the Turkmen, English and Russian languages, has just come out.

Plan of total volume of production of the Ministry of Industry for January – June is fulfilled by 117 percent with the growth rate of 111.5 percent comparing with the same period of the last year.

The growth rate of the GDP by the outcomes of six months was observed on 6.2 percent level. The growth rate of production increased by 4.4 percent by the outcomes of six months of the year comparing with the same period of 2017. The growth rates of retail sale has grown by 19.7 percent comparing with the same period of the last year.

As of July 1 of this year, the execution of the revenue of the main financial plan of the country was 103 percent while the expenditure made 85.3 percent. the revenue has been executed to the amount of 4,056.1 million manats while the revenue to the amount of 3, 235.6 million manats.

At the session of the Government on July 5, the Head of the State informed that it was decided to delegate Avaza National tourist zone complex to the management of entrepreneurs. In this regards, Chairman A. Dadayev has been instructed to establish the management board of health improving and entertainment complex in Avaza, to solve the subject of transferring of every hotel and facility to one or several entrepreneurs, having noted that all necessary documentation for this has to be registered through the Ministry of Finances and Economy.

Geçen hepdede Türkmenistanyň Döwlet haryt-çig mal biržasynyň söwdalarynda geleşikleriň 64-si hasaba alyndy.

64 transactions were registered past week at the State Commodity and Raw Materials Exchange of Turkmenistan.

Grain growers of Turkmenistan have achieved remarkable success, having produced more than one million tons of wheat. The achievement is an important step towards hitting the key target to gather an abundant wheat harvest without grain loss.

Information about the work for timely delivery of cargos by the North – South International transport and transit corridor and on the measures for the formation of multimodal logistic centre on Etrek railway station was presented at the session of the Government on June 28.

Activation of trade and investment partnership between business circles of Turkmenistan and Europe, discussion of priority directions of cooperation and joint projects, study of new opportunities of export of national goods to European market, opening of innovative production facilities in free economic zones of our country, establishment of the contacts in communication and logistic spheres as well as development of tourism on the route of the Silk Road are the main goals of this event.