Turkmenistan’s GDP growth in January-August amounted to a stable 6.2%

16:57 11.09.2023 7390

https://oilgas.gov.tm/storage/posts/8581/original-164ff46db6e7a1.jpg

 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.

Other articles
1630c5ae3075b1.jpeg
SC «Turkmengeology» intends to purchase equipment for 3D modeling

The state corporation «Türkmengeologiýa» plans to purchase geophysical equipment for the implementation of a modern method of seismic exploration – 3D modeling.


167efda72c476b.jpg
President of Turkmenistan: "We proceed from the common intention to see Central Asia as a peaceful, economically attractive region"

In the current conditions, political and diplomatic interaction between the countries of Central Asia and the European Union can have a noticeable constructive impact on the overall situation in the region and neighboring countries, and contribute to the efforts of the world community in this direction, primarily represented by the UN, President Serdar Berdimuhamedov said at the first Central Asia-European Union Summit, which is taking place in Samarkand, TDH reports.


167efdad2114ba.jpg
Turkmenistan is determined to have a serious energy dialogue with the EU, Serdar Berdimuhamedov

Turkmenistan is determined to have a serious energy dialogue with the EU at a new substantive level and is ready to implement practical steps, President Serdar Berdimuhamedov said, speaking on April 4 at the first Central Asia - European Union Summit in Samarkand, TDH reports.


167ef84ee1d729.jpg
The President of Turkmenistan and the Head of the EBRD confirmed their interest in further expanding mutually beneficial partnership

As part of his visit to Uzbekistan to participate in the first Central Asia-European Union Summit, President of Turkmenistan Serdar Berdimuhamedov met with the President of the European Bank for Reconstruction and Development (EBRD) Odile Renaud-Basso on April 3, TDH reports.


1630c56bfb837d.jpeg
SC «Turkmennebit» will purchase drill pipes from the company «KING EASE LIMITED» (PRC)

The State Concern «Turkmennebit» at its own expense will conclude a contract with the company «KING EASE LIMITED» (PRC) for the purchase of 2309 tons of drill pipes of various sizes.