The Central Bank of Turkmenistan amended the procedure for granting loans to young families

The Central Bank of Turkmenistan amended the procedure for granting soft loans to young families. The document was published on the legal information portal of the Ministry of Justice.

According to the document, the newlyweds in Turkmenistan will be able to get soft loans under 1% to purchase necessary household goods and household items up to 20 thousand manat. The term of the loan is 3 years.

As of September 1, 2022, a new version of the law on youth policy came into force in Turkmenistan. According to this law, people under the age of 35 are considered young people.