Deputy Prime Minister for Economic Affairs H. Geldimyradov reported at a government meeting via video link on measures taken to improve the efficiency of state property management, develop small and medium-sized businesses and create a favourable business environment.

As reported, the Ministry of Finance and Economy regularly analyzes the process of denationalization and privatization of the corresponding state share in economic entities created with the share participation of the state.

In this context, proposals were submitted to the President of Turkmenistan for consideration on the privatization of the state share in the authorized capital of the Closed Joint Stock Company «Sanly ykdysadyýet innovasion merkezi», the main functions of which are wholesale trade, performance of certain types of work and provision of services, attraction of investments and entrepreneurial activity.

After listening to the report, the President of Turkmenistan emphasized the need to continue work on the privatization of state property and increase the efficiency of its management. This will contribute to the development of small and medium-sized businesses in our country, noted Head of State Serdar Berdimuhamedov, addressing the Deputy Prime Minister with a number of specific instructions.