The President approved the Program of socio-economic development of Turkmenistan and investments in 2025

12:20 10.02.2025 8296

https://www.oilgas.gov.tm/storage/posts/13119/original-167a9927c092d1.jpg

President Serdar Berdimuhamedov signed a resolution approving the Program of socio-economic development of Turkmenistan and investments in 2025. The corresponding document was published in the central media of our country.

The head of state announced the decision to approve this program at an expanded meeting of the government on February 7. Addressing the participants of the meeting, Serdar Berdimuhamedov noted that in order to successfully implement the program of the President of Turkmenistan for the socio-economic development of the country in 2022-2028, a draft Program of socio-economic development of the country and investments in 2025 has been developed.

In accordance with the approved Program, in 2025 it is envisaged to maintain the GDP growth rate at 6.3%, support the stable development of economic sectors and regions, achieve the full use of production enterprises, create over 3,000 jobs through the construction of new enterprises, and increase the volume of foreign trade turnover to 20 billion US dollars, the President noted.

Investments in the amount of 40 billion manats will be directed to the country's economy from all sources of financing.

Focusing on the need to carry out work to increase the revenue side of the State Budget, the targeted use of its expenditure side, the President noted that banking institutions should continue to finance projects related to the implementation of state programs. It was also instructed to provide effective financial support for economic development and maintain the stability of the national currency.

Other articles
167ef788e52432.jpg
The President of Turkmenistan and the President of the European Commission expressed confidence in the successful holding of the Central Asia-EU Summit

The President of Turkmenistan Serdar Berdimuhamedov, who is on a working visit to Uzbekistan to participate in the first Central Asia-European Union Summit, met with the President of the European Commission Ursula von der Leyen on April 3.


163086bb70e28b.jpeg
The price of Brent rose above $100 per barrel again

Oil prices are rising moderately on Friday morning after falling the day before, foreign media reported.


167ef7d8e98a24.jpg
The President of Turkmenistan discussed the prospects for regional cooperation with the President of the European Council

The President of Turkmenistan Serdar Berdimuhamedov, who is on a working visit to Uzbekistan to participate in the first Central Asia-European Union Summit, met with the President of the European Council António Costa on April 3, TDH reports.


1630859aadff9f.jpeg
Gas price in Europe exceeded $3,300 per 1,000 cubic meters

The spot price of gas in Europe on Thursday evening continued its active growth. A jump in prices at the end of the European trading session is usually the result of the influence of the growth of quotations in the Asian market, Interfax reports.


163070ce276e13.jpeg
It is planned to increase hydrocarbon production in Balkan region

In the Balkan region, a key region in the oil and gas sector of Turkmenistan, it is planned to increase natural gas production to 11 billion cubic meters per year by 2025. The head of the Department for Analysis of Economic Risks of the Agency for Protection from Economic Risks under the Ministry of Finance and Economy of Turkmenistan, Hangeldi Gurbangeldiev, said this in a commentary for the official Turkmen press.