GDP growth rate of Turkmenistan for January-February remains at the level of 6.2%

15:32 07.03.2022 6522

https://www.oilgas.gov.tm/storage/posts/4099/original-162259826b2bda.jpeg

 In January-February, the GDP growth rate of Turkmenistan remains at the level of 6.2%.  President Gurbanguly Berdimuhamedov announced this at a government meeting last Friday, at which the results of the country's socio-economic development for two months of 2022 were discussed.

 The head of state also noted that over two months the growth rate in agriculture amounted to 3.2%, in trade – 8.8%, in the transport and communications sector – 4%.

 At present, large-scale construction of various facilities worth $37 billion, mainly for social purposes, continues, Gurbanguly Berdimuhamedov said, adding that most of these new buildings worth over $18 billion are being built by domestic construction and installation organizations.

 The head of state mentioned that, given the current situation in the global economy, it is important to maintain the achieved growth rates.

 Also during the meeting, Vice-Chairman Serdar Berdimuhamedov reported on macroeconomic indicators for January-February 2022.  He noted that compared to the same period last year, overall production increased by 10.7%, the volume of retail trade increased by 10.6%, foreign trade turnover – by 30.7%.

 For January-February, the revenue part of the State budget was executed at the level of 106.1%, and the expenditure part – by 96.9%.

 It was also reported that for large and medium-sized enterprises, the average monthly salary increased by 10.4% compared to the same period in 2021.  Wages, pensions, state benefits and student scholarships have been fully funded.

Other articles
1673adfe8d4b81.jpg
The President of Turkmenistan has sent the draft State Budget of the country for 2025 to the Mejlis for consideration

The President of Turkmenistan Serdar Berdimuhamedov has sent the draft State Budget of the country for 2025 to the Mejlis. Vice-Chairman of the Cabinet of Ministers Hojamyrat Geldimyradov reported to the President on the preparation of the draft State Budget of Turkmenistan for next year at a government meeting held via video link on November 15.


162b161cf41aa8.jpeg
The President of Turkmenistan and the head of CNPC discussed the prospects for cooperation in the gas sector

Prospects for cooperation in the gas industry were discussed on Monday at a meeting between President of Turkmenistan Serdar Berdimuhamedov and member of the board, President of China National Petroleum Corporation (CNPC) Hou Qijun, the State News Agency of Turkmenistan reports.


162b16f21eae02.jpeg
Pakistani leaders are interested in implementing joint energy projects with Turkmenistan

The President and Prime Minister of Pakistan in their letters to the President of Turkmenistan Serdar Berdimuhamedov expressed their interest in promoting joint energy projects in South and Central Asia.


162b2c1a2cc60e.jpeg
Nayip complex for the production of liquefied gas: ahead of the plan

Over the past five months of this year, the Department for the production of liquefied gas «Lebap» of the State Concern «Turkmengas» produced more than 47.3 thousand tons of liquefied gas, while the implementation of the plan was 105.8%. More than 46.4 thousand tons of marketable products were sent for export.


1673ae2eac13f5.jpg
Diplomats of Turkmenistan and Uzbekistan discussed current issues of bilateral relations

Current issues of bilateral relations were discussed in Tashkent at a meeting between Deputy Foreign Minister Ahmet Gurbanov and Foreign Minister of Uzbekistan Bahtiyor Saidov, the Ministry of Foreign Affairs of Turkmenistan reports.