Turkmenistan on socio-economic indexes passed a threshold for the countries with the high level of income, - Gurbanguly Berdimuhamedov

Taking into account average amount of GDP per capita, now Turkmenistan on socio-economic indexes passed a threshold for the countries with the high level of income. It was said by the President of Turkmenistan Gurbanguly Berdimuhamedov, speaking at the meeting of the Council of Elders of the country.

During the performance the head of the state summed up the main results of development of national economy and determined relevant tasks for the next period.

As the President emphasized, "our purpose - is diversification of economy, expansion of its export opportunities". The leader of the country also noted that in Turkmenistan the program implementation on production of import-substituting products and building-up of amounts of export goods and also on creation of the electronic industry has been begun. Also good results in their accomplishment have been already achieved: the amount of import goods has been reduced, export deliveries has increased.

Speaking about the National program for transformation of social conditions of the population of villages, settlements, the cities of etraps adopted in 2007 and the regional centers until 2020, Gurbanguly Berdimuhamedov noted that in its framework thousands of social facilities and engineering infrastructure have been constructed and put into operation. And within the Program for social and economic development of the country for 2012-2016 tens of the largest projects of the international importance were realized.

"Now in the country reforming of all industries of national economy is performed, the strong foundation for tens of important sources of economic development of the country is laid", the President emphasized. Thanks to it forming of a reliable basis of the powerful production, social and engineering infrastructure providing the stable growth of economy continues.

As an example the President called a construction of transnational gas pipelines, including the gas highway of Turkmenistan-Afghanistan-Pakistan-India, the railroads, autobahns, trestle bridges, dozens of buildings in the National tourist area Avaza and other large objects.

As the head of the state emphasized, department on economic and social problems of the UN, the United Nations Conference on Trade and Development, the International Monetary Fund, the World Bank and other authoritative international organizations confirmed successful implementation in Turkmenistan of monetary, tax and budget, price and investment policy.

According to forecasts of authoritative international financial structures, Gurbanguly Berdimuhamedov told, in Turkmenistan in 2017 and 2018 high GDP growth - at the level of 6,4 percent was also expected. 

As the head of the state emphasized, the economic reforms and the achieved success performed in the country became possible thanks to enhancement of levers of macroeconomic regulation and broad support of the people.

"Today we can confirm completely that in our country the high growth of the powerful, modern economic sphere oriented to increase in social level is reached", the President told, having noted that this sphere was based on various patterns of ownership and provided phased transition to the market relations.

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