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On Monday, May 9, 4 transactions totaling more than 150 million Turkmen manats were concluded at the auctions of the State Commodity Exchange of Turkmenistan, ORIENT correspondent reports.

The Fund of the Ministry of Trade and Foreign Economic Relations of Turkmenistan was renamed the International Events Fund, in accordance with a resolution signed by President Serdar Berdimuhamedov.

49 deals totaling $48.8 million and 1.1 million Turkmen manats were concluded at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan over the past week.

On Saturday, May 7, 15 deals totaling $2.5 million were concluded at the auctions of the State Commodity Exchange of Turkmenistan, ORIENT correspondent reports.

President Serdar Berdimuhamedov signed a decree on the construction of a new isobutane production plant at a polymer plant in Kiyanli in the Balkan region, the official Turkmen press reports.

Workers of the Turkmen fuel and energy complex have achieved good results over the four-month period of this year.

The results of the four months of 2022 indicate the stable development of the Turkmen economy, which managed to maintain the growth of gross domestic product at the level of 6.2%. This was stated during a government meeting on Friday by President Serdar Berdimuhamedov.

On Friday, May 6, 3 deals were concluded at the State Commodity and Raw Materials Exchange of Turkmenistan for a total of $ 776,300 and 5.7 million Turkmen manats, an ORIENT correspondent reports.

The prospects for export development for Turkmen companies and the role of consultations of local and foreign experts on this issue were discussed on Thursday at a meeting organized by the European Bank for Reconstruction and Development with the financial support of the European Union.

The recently launched new website of the State Commodity and Raw Materials Exchange of Turkmenistan (SCRMET) has significantly expanded the range of goods that can be purchased online.