ASHGABAT, Turkmenistan, May 12. Retail trade
turnover in Turkmenistan’s Balkan region increased by 6.3% compared
to the previous year, Trend reports via the press service of the Turkmen
Government.
The indicator was presented by Deputy Chairman of the Cabinet
Hojamyrat Geldimyradov during an offsite Cabinet of Ministers
meeting chaired by President Serdar Berdimuhamedov in the Balkan
region, where officials reviewed the country’s socio-economic
development priorities.
The growth in retail turnover reflects continued expansion of
domestic consumption and the ongoing development of trade
infrastructure across the region.
Balkan Region’s retail trade sector is primarily driven by a
combination of state-owned trade networks, private retail activity
and expanding service infrastructure concentrated in urban centers
such as Turkmenbashi and Balkanabat. Consumer demand in the region
is closely linked to household incomes generated by the hydrocarbon
and industrial sectors, which remain the main economic drivers of
western Turkmenistan.
In recent years, Turkmenistan has pursued policies aimed at
modernizing retail infrastructure, including the construction and
renovation of markets, shopping centers and logistics facilities,
as well as expanding the share of private sector participation in
domestic trade to improve supply efficiency and stabilize consumer
goods availability.
