Turkmenistan’s GDP growth in January-August amounted to a stable 6.2%

16:57 11.09.2023 6293

https://www.oilgas.gov.tm/storage/posts/8581/original-164ff46db6e7a1.jpg

 Over the eight months of 2023, Turkmenistan has achieved a stable GDP growth rate of 6.2%.  This was announced at a government meeting last Friday.

 Compared to the same period last year, retail trade turnover increased by 9.6%, foreign trade turnover increased by 2.5%.

 The revenue side of the State budget for eight months of the current year was fulfilled at the level of 112.6%, and the expenditure side – 97.9%.  Compared to the same period in 2022, the volume of capital investments disbursed from all sources of financing increased by 10.9%.

 After listening to the report, President Serdar Berdimuhamedov emphasized that drafts of the State Budget and Investment Program for the next year should be prepared within the established time frame.

 Further improvement of the banking system was identified as a priority task.  In this regard, the importance of taking measures to expand the range of services they provide and increase the solvency of credit institutions was noted.

Other articles
16765257296f4b.jpg
President of Turkmenistan holds meeting with Petronas management

President of Turkmenistan Serdar Berdimuhamedov visited the headquarters of Petronas, the country's largest oil and gas company, during his official visit to Malaysia on December 18-19. During the meeting, the head of Turkmenistan discussed with the company's management priority areas of bilateral cooperation, the current state and prospects of partnership between Turkmenistan and Petronas in the energy sector, TDH reports.


162be9de2a23f2.jpeg
Turkmen-Vietnamese business forum aims to realize the potential of bilateral cooperation

On June 29, the capital of Vietnam hosted a Turkmen-Vietnamese business forum aimed at developing new solutions and approaches to realizing the potential of bilateral cooperation and building up trade and economic relations between Turkmenistan and Vietnam. This is reported by the website of the Foreign Ministry of Turkmenistan.


162be918b629fb.jpeg
Oil prices fall and end the week in the red, Brent - $108.84 per barrel

Oil prices fall on Friday, ending the week with a decline amid fresh signals that the US economy is slowing down and demand for energy resources may decline, Interfax reports.


162be912904822.jpeg
Raisi: Iran is ready to continue sending Turkmen gas in a swap to Azerbaijan

Iran is ready to continue sending Turkmen gas to Azerbaijan through its territory. Iranian President Ebrahim Raisi stated this on Wednesday at a meeting with President of Turkmenistan Serdar Berdimuhamedov, the Iranian news agency IRNA reported.


1676525dbef219.jpg
Turkmenistan and Malaysia intend to deepen cooperation in the energy sector

Following the official visit of the President of Turkmenistan Serdar Berdimuhamedov to Malaysia on December 18-19 and talks with Prime Minister Anwar Ibrahim, a Joint Statement and a package of documents were signed, TDH reports.