The private sector demonstrates the stability of economic growth.
The performance indicators of the members of the Union of Industrialists and Entrepreneurs of Turkmenistan over the 2018 year were announced during the extended meeting of the Cabinet of Ministers of Turkmenistan held on the 1 February, which is confirmed the fact that the private sector demonstrates the sustainability of economic growth.
Thus, in comparison with the indicators of the 2017 year, the volume of industrial production increased up to 20,7 percent, agricultural and food production up to 21,7 percent by the Union of Industrialists and Entrepreneurs of Turkmenistan.
The total volume of food products exported by the individual enterprises in 2018 increased up to 63.8 percent, non-food and industrial goods up to 57.1 percent as a result of support provided by the state to the development of entrepreneurship in the country.
The performance indicators of the individual construction companies and enterprises of the service sector are in high level. In last year new private production facilities established, increased the number of workplaces.
Specific actions are the basis of the indicators, which are allowed to the President of Turkmenistan to emphasize once again the importance of entrepreneurship development in a strengthening of market mechanisms of a national economy and in whole progressive growth of the country.