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Activity of private sector makes positive effect on the growth of trade turnover
Economy
Activity of private sector makes positive effect on the growth of trade turnover
Published 07.09.2018
1850

For January – August, the Ministry of Trade and Foreign Economic Affairs increased the volume of total trade turnover by 5.4 percent and the volume of production by 2.5 percent for the eight months in relation with the same period of the last year. From the beginning of the year, the growth rate of industrial production by the Union of Industrialists and Entrepreneurs is 40.2 percent, agricultural and food production by 36.9 percent. The trade turnover grew by 1.6 percent. Works in population service sphere has increased by 1.9 percent. In this regard, it is worth mentioning that significant changes in the main principles of organization of trade sector, which acquired entrepreneurship activity and market character with the dominance of private sector, took place in our country, having considerably strengthened its positive effect on the growth of the GDP.

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