President: Turkmenistan maintains steady economic growth

09:46 09.06.2021 6970

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
161c2dc7f5f71d.jpeg
Achievements of the Seydi oil refinery

With great achievements and successes, the Seydi oil refinery is confidently moving towards new heights of progress, as evidenced by the company's socio-economic indicators this year.


161c96b7e8e581.jpeg
«Nebitgazchykarysh»: 503 wells repaired in 11 months

The repairmen of the «Nebitgazchykarysh» enterprise of the State Concern «Turkmennebit» of the Balkan region have achieved great results since the beginning of 2021. The enterprise overhauled and commissioned 503 wells in January-November.


161c96bb4ca85b.jpeg
Government meeting considered the work of fuel and energy enterprises in the Balkan region

Vice-Chairman of the Cabinet of Ministers Shakhym Abdrakhmanov reported on the situation in the fuel and energy complex in the Balkan region at a government meeting chaired by President of Turkmenistan Gurbanguly Berdimuhamedov last Friday.


161c96b2237a43.jpeg
The amount of foreign exchange transactions on the exchange of Turkmenistan exceeded $90 million

68 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan last week.


167c2cca3e5035.jpg
The President approved proposals for the rational use of oil refinery capacities

On February 28, President of Turkmenistan Serdar Berdimuhamedov held a regular meeting of the Cabinet of Ministers via a digital system, the agenda of which included a number of issues of state life, TDH reports.