President: Turkmenistan maintains steady economic growth
09:46 09.06.2021 7786
The results of the five months of 2021 indicate the progressive development of our state, despite the difficult situation in the global economy. This was stated by President of Turkmenistan Gurbanguly Berdimuhamedov at a government meeting last Friday, at which the results of the country's socio-economic development for January-May of this year were summed up.
- In our country, there is a steady growth in the economy, all the adopted social programs are successfully implemented, - the President said, noting that the result of the organized activities of the government and the people was the growth of GDP, which at the end of five months amounted to 6.1%.
Since the beginning of the year, industrial facilities, residential buildings, kindergartens, schools, shops and other facilities have been built and put into operation. In accordance with the adopted programs, the strategy of diversification of energy resources to the world markets is also being successfully implemented, the head of Turkmenistan noted.
"Our main goal is to further improve the social and living conditions of the people," Gurbanguly Berdimuhamedov stressed, instructing the participants of the meeting in June to visit the regions of the country to familiarize themselves with the progress of the grain harvesting campaign and the implementation of social programs.
During the government meeting, it was also reported that at the end of five months, the GDP growth rate was 6.1%. Compared to the same period in 2020, production is 5.3% higher. Compared to the same period last year, the volume of retail trade increased by 17.5%. In January–May, the revenue part of the State Budget was executed at the level of 120.4%, and the expenditure part-92.2%.
Compared to the corresponding period in 2020, the average monthly salary increased by 10.5%. Salaries, pensions, State benefits and student scholarships have been fully funded in a timely manner.
The Ambassador of Turkmenistan to Belgium confirmed Ashgabat’s readiness to strengthen partnership with the EU in the field of energy
Ashgabat’s readiness to strengthen cooperation with the European Commission in the energy sector was announced by Ambassador Extraordinary and Plenipotentiary of Turkmenistan to Belgium Sapar Palvanov at a meeting with President of the European Commission Ursula von der Leyen. This is reported by the website of the Foreign Ministry of Turkmenistan.
Trade turnover between Turkmenistan and China in the first half of the year increased by 12.3%
In the first six months of 2023, the trade turnover between Turkmenistan and China increased by 12.3% compared to the same period last year, amounting to about $5.55 billion, according to the General Administration of Customs of China.
At the auction, products of the State Corporation “Turkmennebit” and “Turkmenchemistry” were sold for foreign currency
14 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan last week.
Turkmenistan and Russia are not competitors in the field of gas supplies to China, - Russian Ambassador
Russia and Turkmenistan are not competitors in the field of gas supplies to China. This was stated by Russian Ambassador to Ashgabat Ivan Volynkin in an interview with TASS.
SC “Turkmengeology” is working to increase the volume of oil and gas production
Last Friday, July 28, President Serdar Berdimuhamedov held a regular meeting of the Cabinet of Ministers via the digital system, at which some issues of state life and draft documents were considered.