As of December 2021, the amount of loans issued by credit institutions of Turkmenistan to enterprises, organizations and citizens in national currency amounted to 77.199 billion manats, which is 10.8% more compared to same period of 2020. In December 2020, this figure was over 69.726 billion manats, according to the data of Central Bank of Turkmenistan.
As of December 2021, the amount of loans issued by Turkmen credit institutions to state-owned enterprises and organizations in national currency amounted to 54.024 billion manats, which is 4.7% more compared to same period of 2020. In December 2020, this figure stood at 54.62 billion manats.
In addition, as of December 2021, the total amount of loans provided to non-state companies and organizations in national currency amounted to 8.046 billion manats, which is 56.5% more compared to same period of 2020. In December 2020, this figure was over 5.141 billion manats.
The total amount of loans provided to citizens and non-state entrepreneurs in national currency as of December 2021 amounted to 15.129 billion manats, which is 16.7% more compared to same period of 2020. In December 2020, this figure stood at 12.968 billion manats.
During the online cabinet meeting in December last year, President of Turkmenistan signed a Resolution on the approval of the Program to reduce the impact on the country's economy of complications encountered in the global economy, and the stable development of the national economy in 2022.
During the meeting, the Head of Turkmenistan also signed Resolution allowing the Central Bank and authorized credit institutions to postpone until January 1, 2023 the payment deadlines of the balances of ministries, sectoral departments and khyakimliks unpaid as of January 1, 2022 on allocated loan funds, as well as unpaid interest rates calculated in the previous period.
