Turkmenistan is actively developing a system of preferential loans aimed at supporting the economy, improving the standard of living of the population and stimulating export-oriented production. This work is based on a series of presidential decrees that create favorable conditions for business, agriculture, housing construction and young families. The main efforts are focused on providing loans at minimum interest rates — often 1% per annum — with long maturities. The newspaper “Turkmenistan” writes about the types of preferential loans in Turkmenistan.
Support for small and medium-sized businesses
One of the key areas is government support for small and medium-sized businesses. According to the Central Bank of Turkmenistan, in accordance with the Presidential Decree “On State support for small and medium-sized businesses”, about 2,000 investment projects were financed by 1 December 2025, which allowed creating more than 16.7 thousand new jobs.
Soft loans help to develop production, services and innovations, contributing to the growth of the country’s economic potential.
Preferential lending to agriculture
Agricultural producers benefit from significant financial support under the Decree “On Financial support for agricultural producers.” Preferential loans at 1% per annum for up to 10 years are provided to farmers’ associations, farms, joint-stock companies, research institutes, landowners, tenants and private entrepreneurs.
The funds are allocated for the purchase of agricultural machinery, tools and equipment, excavators, bulldozers and other machinery and equipment used in agriculture and water management.
In addition, projects in animal husbandry, poultry farming, product processing and the provision of services are financed at 5% per annum.
Preferential loans for housing and construction
Considerable attention is being paid to improving the living conditions of the population. According to the Decree “On the construction and sale of private housing in Turkmenistan”, local construction enterprises, governorates of districts and cities conclude tripartite agreements with citizens and build private residential buildings on allocated land plots at the expense of the enterprise and loans received from credit institutions at an annual interest rate of 1 percent. Credit institutions are authorized to provide loans for the purchase of ready-to-use buildings and real estate for a period of 30 years with a grace period of up to 5 years to repay the principal amount.
The city of Arkadag continues to provide preferential loans at an annual interest rate of 1% to ministries and industry departments, the governorate of the Akhal province to finance contracts concluded with local enterprises for the construction of residential buildings.
Banks are authorized to provide loans for the purchase of newly built houses and apartments in apartment buildings at an annual interest rate of 1%, as well as loans for real estate for up to 30 years in the amount of up to 90% of the actual cost of housing with a grace period of repayment of the principal debt of up to 5 years.
Support for young families
According to the Decree “On further improving the standard of living of young families in Turkmenistan,” authorized banks provide young people who have officially married with preferential loans of up to 20,000 manats without collateral at 1% per annum for up to 3 years. The funds are intended for the purchase of basic necessities and household goods.
By 1 December 2025, about 185 thousand people have taken advantage of such lending.
The activities related to preferential lending contribute to building up Turkmenistan’s economic potential, creating jobs, and improving the social protection of the population.///nCa, 9 January 2026