Turkmenistan Allocates $300 Million For Food Security Measures

BUSINESS TURKMENISTAN
Turkmenistan Allocates $300 Million For Food Security Measures
Of the total funds, $150 million will be allocated as support for domestic entrepreneurs.

President of Turkmenistan Serdar Berdimuhamedov during the joint meeting of the Cabinet of Ministers and the State Security Council on Saturday signed the Decree on allocating $300 million for food security measures.

Of the total funds, $150 million will be allocated as support for entrepreneurs, and the remaining $150 million will go to the Ministry of Trade and Foreign Economic Relations of Turkmenistan for the purchase of necessary food products, the country’s official media reports.

Support For Poultry Farming

The Head of State also signed the Decree aimed at supporting private poultry and egg producers.

Under the document, the Ministry of Agriculture and Environmental Protection, provincial municipalities and the Union of Industrialists and Entrepreneurs of Turkmenistan will organize the nationwide sowing of fodder corn on an area of 20 thousand hectares, soybeans – 2 thousand hectares, and feed wheat – 40 thousand hectares.

The Ministry of Agriculture and Environmental Protection, State Committee for Water Resources and Türkmenhimiýa (Turkmen Chemicals) State Concern will also provide producers with seeds, technical maintenance, water for irrigation and mineral fertilizers.

The government meeting summed up the results of the work of the sectors of the national economy for five months of this year, and considered drafts of a number of documents and other matters of state policy.

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2022