Turkmenistan's GDP growth rate for seven months amounted to 6.3%
11:42 02.09.2024 5392
The results of the seven months of the current year demonstrate the success of the programs implemented in Turkmenistan. A clear confirmation of this is the GDP growth rate, which amounted to 6.3% for the period under review. This was stated by President Serdar Berdimuhamedov at a government meeting last Friday, where the results of the country's socio-economic development for January-July 2024 were discussed.
In the industrial complex, this figure is 3.6%, in the transport and communications sector - 7.1%, in the services sector - 7%, in trade - 7.8%, in construction - 9.3%, in agriculture - 7.8%, - the head of state noted.
During the government meeting, it was also reported that, compared to the same period last year, in January-July 2024, overall production increased by 11.5%, and the volume of retail trade increased by 11%.
In January-July, the revenue side of the State Budget was executed at 102.9%, and the expenditure side at 97.8%. The wages at large and medium-sized enterprises in the country increased by 10.5% compared to the same period in 2023. Wages, pensions, state benefits and student scholarships were financed in a timely manner and in full.
During the specified period, the plan for the development of capital investments from all sources of financing increased by 12.1% compared to the same period last year.
President Serdar Berdimuhamedov identified the adoption of necessary measures to maintain the stability of macroeconomic indicators of the national economy among the priority tasks.
Particular importance should be attached to ensuring high GDP growth rates, the head of state continued, instructing to keep the modernization of existing industries and the creation of new ones under strict control.
A conference on labor protection was held at the industry institute of the “State Concern” Turkmengas
A conference organized by the State Corporation “Turkmengeology” was held within the walls of the Natural Gas Research Institute of the Turkmengas State Concern. The event, dedicated to compliance with labor protection and technical safety rules in organizations and enterprises of the State Corporation “Turkmengeology” in 2024 and tasks for 2025, was attended by responsible employees of the corporation, engineers, and specialists in technical safety and labor protection.
Laboratory of refrigeration and air conditioning units was opened at the oil and gas university of Turkmenistan
A laboratory of refrigeration and air conditioning units was opened at the International University of Oil and Gas named after Yagshygeldi Kakaev with the assistance of the Ministry of Agriculture and Environmental Protection of Turkmenistan, together with the UN Regional Organization for Industrial Development (UNIDO).
In Ankara, at the meeting of the Intergovernmental Commission, cooperation between Turkmenistan and Turkey in the oil and gas sector was emphasized
As part of the working visit of the delegation of Turkmenistan to Turkey, the eighth meeting of the Intergovernmental Turkmen-Turkish Commission on Economic Cooperation was held in Ankara on February 24-25, the Ministry of Foreign Affairs of Turkmenistan reported today.
Turkmenistan exported natural gas worth $ 6.1 billion to China in January-November
Turkmenistan continues to hold a leading position in pipeline export of «blue» fuel to China. According to the General Customs Administration of the PRC, during January-November 2021, the Celestial Empire received 21.91 million tons of Turkmen natural gas through the Turkmenistan-China pipeline, which is $ 6.1 billion in monetary terms.
The Chairperson of the Mejlis of Turkmenistan conveyed an invitation to the President of Turkey to take part in the International Forum in Ashgabat
The Chairperson of the Mejlis of Turkmenistan Dunyagozel Gulmanova conveyed an invitation to the President of Turkey Recep Tayyip Erdogan to take part in a high-level event – the International Forum in Ashgabat on the occasion of the 30th anniversary of Turkmenistan’s permanent neutrality and the “Year of International Peace and Trust”, the website of the Parliament of Turkmenistan reports.