The government of Turkmenistan will regulate the prices of products under the new “Trade Development Program”

The President instructed to increase the volume of the non-state sector in the general trade, extend electronic commerce and, in general, increase the share of trade in the formation of Turkmenistan's GDP. The corresponding instruction was heard at a meeting of the Cabinet of Ministers on January 29.

During the meeting, Deputy Prime Minister for Trade Chary Gylijovreported on the preparation of the draft "Program for the development of the trade industry in 2019-2025,"

As reported by the state news agency TDH , the program includes tasks to ensure the availability and sustainability of commodity prices, expand and modernize retail networks in all velayats and in the city of Ashgabat by building new shopping facilities and reconstructing existing ones.

In order to improve the work of the trade system, President Gurbanguly Berdimuhamedov also instructed to transfer the Institute for the Study of National Product Trade to the Ministry of Commerce and Foreign Economic Relations of Turkmenistan.

A reminder that it was previously announced that a registry of outlets was created in Turkmenistan to meet the needs of the population.

At the moment, prices in stores and bazaars are regulated by police officers who prohibit selling products at prices higher than those set by the Ministry of Commerce. However, these measures lead to a shortage of products and queues .

Source: Chronicles of Turkmenistan