Turkmenistan is implementing a comprehensive concessional lending system to support small and medium-sized businesses, the agricultural sector and socially oriented programs. The financial mechanisms are aimed at boosting investment activity, expanding production and improving housing conditions. This was reported by the newspaper Turkmenistan, published Friday.
As part of state support for small and medium-sized enterprises, about 2,000 investment projects were financed through Dec. 1, 2025. The projects created more than 16,700 jobs and increased output of import-substituting and export-oriented products.
Agricultural producers are eligible for long-term financing of up to 10 years at 1% interest to purchase machinery and equipment. Selected projects in livestock breeding, poultry farming and agricultural processing receive concessional loans at 5% interest.
Banks also provide citizens with concessional mortgage loans for the construction and purchase of houses and apartments at 1% interest for up to 30 years, with a grace period of up to five years on principal repayment. Similar terms apply to housing projects in the city of Arkadag, where mortgage loans cover up to 90% of the actual cost of housing.
Young families can obtain unsecured loans to purchase furniture and household goods at 1% interest for up to three years, in amounts of up to 20,000 manats. About 185,000 families had used the program through Dec. 1, 2025.
The concessional lending programs contribute to increased investment activity, regional development, expanded production and improved living standards. The financing system remains one of the key tools of Turkmenistan’s socioeconomic policy focused on sustainable development and public support.
