OREANDA-NEWS. July 23, 2012. President of Turkmenistan issued the Resolution authorizing the banks of Turkmenistan to provide loans to entrepreneurs to provide the means of investment projects related to the production of products, implementation of the work and services with the development of production, creating new jobs. Loans at 5 per cent per annum for up to 10 years for investment projects will be provided for up to one year for working capital. This is done in accordance with the Law of Turkmenistan "On State Support of Small and Medium Enterprises", in order to implement the "State program to support small and medium-sized enterprises in Turkmenistan for 2011-2015", as well as to increase production, innovation and investment activities of persons belonging to small and medium-sized businesses.