Turkmenistan’s GDP growth in January-August amounted to a stable 6.2%
16:57 11.09.2023 7364
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.
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.
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.
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.
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.
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.