Turkmenistan prepares a Strategy for the management of enterprises with state ownership

Turkmenistan prepares a Strategy for the management of enterprises with state ownership

The Ministry of Finance and Economy of Turkmenistan, in cooperation with the Union of Industrialists and Entrepreneurs of the country, is developing a draft Strategy for the management and reforming of enterprises with state ownership for the next five years, from 2021 to 2025.

The document should stimulate the participation of the private sector in the country’s innovative development objectives, deploying market mechanisms, public-private partnerships and the state property privatization processes.

The draft Strategy specifies measures to digitalize economic sectors and the promotion of property rights. The action plan for the implementation of this Strategy includes the revision of legislative regulations on the management and reforming of enterprises with state ownership, and the improvement of the performance of stock exchanges.

0