President: the economy of Turkmenistan is developing in accordance with the adopted programs
10:42 26.08.2020 4585
Despite the coronavirus pandemic and its negative impact on the global economy, the current state of the national economy indicates that our state continues to develop in accordance with the adopted programs, President Gurbanguly Berdimuhamedov said, summarizing the results of economic development of Turkmenistan for January-July 2020.
GDP growth for the reporting period amounted to 5.7%, the construction of large industrial and social facilities continues in the country, the head of Turkmenistan said.
Within the framework of the outlined plans, the reform of science and education systems, the modernization of production are continuing, a market economy is being formed, oil and gas fields are being developed, Berdimuhamedov continued.
The construction of electrical and communication systems Turkmenistan-Afghanistan-Pakistan, the Turkmenistan-Afghanistan-Pakistan-India gas pipeline is underway. The country is consistently implementing a policy of supporting entrepreneurs who are involved in participating in economic reforms, the Turkmen leader said.
Speaking about the tasks facing the government this year, the President noted that it is necessary to give an additional impetus to the implementation of import substitution programs and increase the production of export-oriented products, to effectively use all the reserves available in the sectors of the economy.
Reporting on the macroeconomic indicators for January-July at a government meeting last Friday, Vice-Chairman Gadyrgeldy Mushshikov noted that for seven months of this year, the GDP growth rate was provided at the level of 5.7%. Compared to the same period last year, production in general increased by 4.4%.
In January-July, the volume of retail turnover in comparison with the corresponding period of 2019 increased by 19.3%. Following the results of seven months, the revenue side of the State budget was executed at the level of 108.6%, the expenditure side - by 94.2%.
The average monthly salary for large and medium-sized enterprises in January-July 2020 increased by 10.5% compared to the same period last year. Wages, pensions, state benefits and student scholarships were financed on time, the Vice-Chairman said.
In his congratulatory message to Xi Jinping, the President of Turkmenistan noted the great potential for expanding Turkmen-Chinese relations
On behalf of the people, the Government of Turkmenistan and himself, President Serdar Berdimuhamedov sent sincere congratulations and best wishes to the Chairman of the People's Republic of China Xi Jinping on the occasion of the Spring Festival, TDH writes.
Preparations for the autumn-winter season started
The gas economic organization "Bayramalyshahergas" of the department "Marygazupjunchilik" has started to implement a set of organizational and technical measures, the implementation of which is aimed at ensuring reliable and safe operation of the gas facilities in the coming autumn-winter period.
Supply of Turkmen oil products increased due to national ships
New national ships and the modern International Seaport built in the city of Turkmenbashi made it possible to establish stable supplies of Turkmen oil products abroad. This was stated by the Chairman of the Agency "Turkmendenizderyayollary" Agamurad Hayitmuradov at the conference "International transport and transit corridors: interconnection and development", which opened today in Ashgabat.
Products of TCOR and SC "Turkmengas" sold on the stock exchange of Turkmenistan
49 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan last week.
Chairman of the Halk Maslahaty of Turkmenistan and the President of Kyrgyzstan discussed bilateral cooperation issues by phone
A number of important issues of bilateral cooperation were discussed by the National Leader of the Turkmen people, Chairman of the Halk Maslahaty of Turkmenistan Gurbanguly Berdimuhamedov and the President of the Kyrgyz Republic Sadyr Japarov during a telephone conversation that took place on Wednesday, January 29, TDH reports.