President: Turkmenistan maintains steady economic growth

09:46 09.06.2021 7188

https://www.oilgas.gov.tm/storage/posts/2350/original-160bf0a58e37d4.jpeg

The results of the five months of 2021 indicate the progressive development of our state, despite the difficult situation in the global economy. This was stated by President of Turkmenistan Gurbanguly Berdimuhamedov at a government meeting last Friday, at which the results of the country's socio-economic development for January-May of this year were summed up.

- In our country, there is a steady growth in the economy, all the adopted social programs are successfully implemented, - the President said, noting that the result of the organized activities of the government and the people was the growth of GDP, which at the end of five months amounted to 6.1%.

Since the beginning of the year, industrial facilities, residential buildings, kindergartens, schools, shops and other facilities have been built and put into operation. In accordance with the adopted programs, the strategy of diversification of energy resources to the world markets is also being successfully implemented, the head of Turkmenistan noted.

"Our main goal is to further improve the social and living conditions of the people," Gurbanguly Berdimuhamedov stressed, instructing the participants of the meeting in June to visit the regions of the country to familiarize themselves with the progress of the grain harvesting campaign and the implementation of social programs.

During the government meeting, it was also reported that at the end of five months, the GDP growth rate was 6.1%. Compared to the same period in 2020, production is 5.3% higher. Compared to the same period last year, the volume of retail trade increased by 17.5%. In January–May, the revenue part of the State Budget was executed at the level of 120.4%, and the expenditure part-92.2%.

Compared to the corresponding period in 2020, the average monthly salary increased by 10.5%. Salaries, pensions, State benefits and student scholarships have been fully funded in a timely manner.

Other articles
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.


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.


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.


1676285af82158.jpg
Turkmen-American Business Forum Discusses Promising Areas of Mutually Beneficial Partnership

On December 16, the Turkmen-American Business Forum was held in the building of the Chamber of Commerce and Industry of Turkmenistan, during which issues of bilateral cooperation were discussed, and plans for the near future were outlined.


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.