GDP growth of Turkmenistan in January-November amounted to 5.8%

09:41 08.12.2020 5947

https://www.oilgas.gov.tm/storage/posts/1242/original-15fcdbedd00e9f.jpeg

 For eleven months of 2020, the growth rate of Turkmenistan's GDP increased by 5.8%, Vice-Chairman Gadyrgeldy Mushshikov said at a government meeting last Friday.

 It was also noted that in January-November, the volume of products produced is 4% higher compared to the same period in 2019.  The volume of retail turnover in comparison with the same period last year increased by 18%.

 Following the results of 11 months, the revenue side of the State budget of the country was executed at the level of 110.4%, and the expenditure side - 89.6%.

 Salaries for large and medium-sized enterprises in January-November increased by 10.3% compared to the same period in 2019.

 Having listened to the report, President Gurbanguly Berdimuhamedov stated that production growth was ensured in all sectors of the national economy in the reporting period.  The size of wages, pensions and state benefits has been increased.  Numerous industrial and social facilities have been built and commissioned.

 Until the end of this year, the head of state noted, there is very little time left, and therefore we must complete it with good results, resolve many issues in order to confidently enter the new, 2021.

Other articles
161dbd7a3698dc.jpeg
Turkmenistan and Afghanistan ready to step up the construction of the TAPI gas pipeline

Representatives of the governments of Turkmenistan and Afghanistan expressed their readiness to continue cooperation in the construction of the TAPI gas pipeline and other infrastructure projects, the website of the Foreign Ministry of Turkmenistan reports.


1644a58e189912.jpeg
At the Galkynysh field, annual production may reach up to 200 billion cubic meters of gas

In the future, with the implementation of seven stages of development of the giant Galkynysh field, the annual production of natural gas will reach about 200 billion cubic meters of “blue fuel”. This was stated in the speech of the head of the laboratory of the Scientific Research Institute of Natural Gas of the State Concern “Turkmengas” Irina Luryeva at the International Forum on attracting investments in the energy sector of Turkmenistan in Dubai.


1665ac40b4b2aa.jpg
The President of Turkmenistan noted the importance of further increasing natural gas production volumes

On May 31, President Serdar Berdimuhamedov held a regular meeting of the Cabinet of Ministers via the digital system, at which topical issues in the life of the country were discussed.


161dd22684609e.jpeg
Refined products were in the lead in the auctions

At the auction of the State Commodity and Raw Materials Exchange of Turkmenistan, 47 transactions were registered last week.


161dbd6e85ffdd.jpeg
TCOR mastered the production of A-98 gasoline that meets EURO-6 standards

In Turkmenistan, the production of A-98 gasoline has been launched, which fully meets the quality requirements of EURO-6 standards and is distinguished by the highest environmental friendliness. This was announced by the Vice-Chairman of the Cabinet of Ministers of Turkmenistan Shakhym Abdrakhmanov at a government meeting that President Gurbanguly Berdimuhamedov chaired by video link last Friday.