Turkmenistan is taking effective measures to improve the stability of the financial system. This was stated by the chairman of the Halk Maslahaty of the Milli Gengesh of Turkmenistan, Gurbanguly Berdimuhamedov, at a meeting with representatives of business circles of the Republic of Korea, which was held in Seoul within the framework of an official visit to this country by the head of the upper house of the Turkmen parliament, reports the “Neutral Turkmenistan” newspaper today.

According to Gurbanguly Berdimuhamedov, effective measures are being taken to improve the stability of the financial system of Turkmenistan, “primarily by unifying the exchange rate, strengthening the national currency”.

Chairman of the Halk Maslahaty Milli Gengesh of Turkmenistan noted that the dynamic growth of the economy and positive transformations are confirmed in the reports of experts from the International Monetary Fund, the World Bank, the European Bank for Reconstruction and Development.

“Representatives of these major international institutions predict further progressive development of the Turkmen economy, an increase in the investment rating of the country”, Gurbanguly Berdimuhamedov said, stating that optimal and favorable conditions have been created in Turkmenistan for expanding international economic partnership in various fields. At the same time, it was noted that the state provides investors with significant support in the form of tax, customs, visa, insurance and other benefits.

According to him, despite the negative trends in the international situation, Turkmenistan maintains a steady growth rate of gross domestic product, the indicator of which for ten months of this year amounted to 6,2 percent.