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Forecast of the result of the work of the trade complex and the business sector for seven months of this year

Vice-Premier Ch. Gylyjov, during an off-site meeting of the Cabinet of Ministers, which took place in the “Avaza” National Tourist Zone, reported on the expected results of the work of the Ministry of Textile Industry, trade complex, as well as the business sector for seven months of this year.

In January-July, according to the Ministry of Trade and Foreign Economic Relations, compared to the same period in 2020, it is expected that the growth rate of trade turnover will be 117 percent, the growth rate of production - 112.4 percent.

The volume of production of the enterprises of the Ministry of the Textile Industry, including cotton yarn and fabrics, will amount to 112 and 102.6 percent, respectively, garments and knitwear - 119.2 percent, leather products - 102.8 percent.

In January-July 2021, the “Turkmenhaly” State Association fulfilled the plan for the production of carpet products by 112.7 percent.

During the reporting period, the State Commodity and Raw Materials Exchange held 167 exchange trades, where 18 thousand 114 contracts were registered.

For seven months of the year, the growth rate of work carried out by the Chamber of Commerce and Industry of Turkmenistan amounted to 105.1 percent.