President: despite the global crisis, the economy of Turkmenistan has maintained sustainable development

00:53 26.09.2020 5469

https://oilgas.gov.tm/storage/posts/751/original-15f6da67e0731c.jpeg

Despite the difficult financial and economic conditions in the world, Turkmenistan has achieved sustainable development of its economy, was able to keep in reserve significant amounts of financial resources. This was stated by President Gurbanguly Berdimuhamedov, speaking today at a meeting of the Khalk Maslakhaty.

We must take all measures to fulfill in the current difficult conditions the five-year program of the country's development, adopted at last year's meeting of the Halk Maslakhaty, the head of state said.

The President stressed that more than 70 percent of the State budget funds are directed to the social sphere. Huge financial resources are spent on improving the social and living conditions of the population of villages, settlements, cities in etraps and etrap centers. Next year, at the expense of the state budget, we will also continue to build houses for the disabled and citizens in need of support, the Turkmen leader said.

- Along with this, it is necessary to increase the volume of credit funds allocated for the development of industrial sectors of the economy, stimulate small production, increase the volume of credit and financial resources for the population, - said the head of state.

According to the Turkmen leader, most of the funds allocated from the state budget will be directed to education, health care and the Pension Fund.

Other articles
1653fa4c50cf33.jpg
Participants of the International Forum OGT 2023 got awards in six nominations

International Conference and Exhibition «Oil and Gas of Turkmenistan 2023» (OGT 2023), held in Ashgabat October 25-27 became one of the grandiose and successful events of the fuel and energy complex of Turkmenistan. The forum attracted over 700 national and foreign delegates, over 400 companies and about 10,000 visitors to the exhibition.


166706c6e559be.jpg
Labor successes of drillers of the «Nebitgazburavlayysh» trust

A significant contribution to the successful implementation of the Program for the Development of the Oil and Gas Industry of Turkmenistan for the period until 2030, as well as to ensuring energy security and stable economic development of the country, is made by the team of the trust “Nebitgazburavlayysh” of the State Concern “Turkmennebit”.


166703d8b75f8b.jpg
Eid al-Adha was celebrated on a grand scale in Turkmenistan

In Turkmenistan, a sacred holiday for the entire Muslim world, Kurban Bayram, was celebrated on a wide scale, which is held annually for three days at the state level. Vibrant musical and song celebrations and social and cultural events were organized at various venues, in the cultural and entertainment centers of the cities of Ashgabat and Arkadag, in all cities and towns of the country. An integral part of this national holiday are traditional national dishes; sadaka is given in every home, guests are received and treated to festive dishes, expressing best wishes to each other.



161597b1fa1500.jpeg
The issue of the journal "Oil, Gas and Mineral Resources of Turkmenistan" has been published

In the days of celebrating the 30th anniversary of independence of Turkmenistan, the third issue of this year's magazine "Oil, Gas and Mineral Resources of Turkmenistan" of the State Concern "Turkmennebit" was published. The magazine covers the main events and trends in the fuel and energy complex of our country and presents an analysis of ongoing reforms in the economic direction.