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President of Turkmenistan Congratulates the Nation on the 32nd Anniversary of the National Currency — the Manat
President of Turkmenistan Serdar Berdimuhamedov congratulated the people of the country and the employees of the banking sector on the 32nd anniversary of the introduction of the national currency — the Turkmen manat.
In his congratulatory message, the head of state emphasized that the introduction of the manat was an important step in strengthening the country's financial independence, ensuring economic stability, and developing its monetary system.
The president highlighted the key role of the banking sector in facilitating capital circulation, expanding investment, and implementing modern digital technologies that enhance the efficiency of financial operations and improve the quality of banking services.
The message also stated that work continues to align national banking legislation with international standards, expand electronic payment systems, and strengthen cooperation with international financial institutions, including the IMF, the World Bank, and Fitch Ratings.
Serdar Berdimuhamedov noted that Turkmenistan has achieved the level of countries with high per capita income, and that international organizations give a positive assessment of the country's sustainable economic development.
In conclusion, the president wished his compatriots good health, prosperity, and success in their work for the continued progress of independent and neutral Turkmenistan.
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A ceremony for laying the foundation of a new urea plant was held in the Guvlymayak gengeshlik of the Turkmenbashi etrap in Balkan velayat, reports the newspaper "Neutral Turkmenistan."
The plant's designed capacity will be 1 million 155 thousand tons of mineral fertilizers per year. Construction is being carried out on behalf of the state concern "Türkmenhimiýa" by the Japanese company Mitsubishi in partnership with the Turkish company Gap İnşaat.
As noted by the speakers, urea is an export-oriented product capable of replacing imported mineral fertilizers.
The choice of the site in the western region is due to its proximity to the raw material base: natural gas is extracted along the Turkmen coast of the Caspian Sea, which is essential for production.
The construction of the new plant also has social significance: its commissioning will create additional jobs, contributing to the improvement of the local population's well-being.
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