The new magazine Finances and Economy discloses aspects of economic strategy of the country

It was published the first issue of theoretical and practical magazine “Finances and Economy”. The country’s Ministry of Finance and Economy is the founder of the new issue, edited in Turkmen, English and Russian.

The periodical published scientific-and-theoretic, survey-and-analysis, information-and-education materials of both famous Turkmen scientists and young specialists, touching upon pressing topics of the country’s development at the present stage.

The “High frontiers reached, perspective tasks” article narrates the significance of scientifically based state strategy of President Gurbanguly Berdymuhamedov.The publication outlines basic macroeconomic indicators, visualizing growth rates of key branches of the country’s economic complex.

Special attention is paid to the national, state, regional and branch programs implemented.As it is noted, at present time, within their realization thousands of new constructions were put in commission among which are manufacturing ventures, modern objects of social and engineering infrastructure.

The article gives coverage to priority orientations of the Socio-Economic Development Program of Turkmenistan for 2018-2024, adopted at the Elders’ Council meeting in October 2017.This document traces main macroeconomic goals and objectives, basic principles and the country’s development results for the next 7 years, it has been also defined a range of measures, particularly for improvement and modernization of economic institutions and mechanisms of government regulation.

Peculiar emphasis was put on a fact that the Turkmen leader’s financial and economic policy is implemented in the retrospect of Sustainable Development Targets (SDT).The mentioned document, adopted in the UN General assembly’s 70th session in New York on September 25, 2015, represents a system of global goals, aimed at economic, social and ecologic development.

Publication demonstrates concrete examples, that Turkmenistan achieves great progress practically in all SDT missions, specifically in the sphere of improving the nation’s well-being, education, healthcare, economic activity, providing gender equality, ecological sustainability and etc.

Another article of the issue continued this theme.As an author of the publication emphasizes, the comprehensive state development strategy, initiated by President Gurbanguly Berdymuhamedov, is based on the updated maximum transparent conception of universal security, unanimity, mutual adaptation of views on the solution of topmost modernity problems for successful implementation of the Sustainable Development Targets.

This system is supported by a principle of harmonization of national and universal values and people’s interests, maintenance of scientifically grounded approach, the use of latest scientific and technical achievements.

A set of publications is focused on key directions of open-door policy, initiatives of the head of state on providing energy, transportation, ecology security, and upon development of the social, scientific-technologic, education and other spheres.

Readers will be acquainted with subject reviews on State Budget, implementation of the Import-substitution Program, the country’s bank sector development. Each of the articles cites the concrete figures and diagrams, defining the economic strategy efficiency.

Under the conditions of transition to market relations, assurance without prejudice becomes the necessary element of the whole economic mechanism.To provide progressive economic growth, create a forceful instrument of natural and legal persons’ protection against risks, much importance is attached to an improvement of the state regulatory methods in this sphere in Turkmenistan.

An author of the publication, which is devoted to this theme, in details, covers the questions, connected with legal foundation of assurance.

Totally, materials, published in the new issue, are of the utmost interest for mainstream readership, including analysts, investigating regularities and trends of national and economic policy in their interrelation with state regulation tasks, as well as for young specialists- experts, scientists of all areas of economic and social sciences.

The “Finances and Economy” is published in the Print Center of the Turkmen State Publishing Service and distinguished by high polygraphic processes.

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