Gurbanguly Berdimuhamedov: an additional impetus is needed for the production of import-substituting and export-oriented products

15:24 10.09.2020 7481

https://oilgas.gov.tm/storage/posts/633/original-15f5714c51d36c.jpeg

Despite the current situation in the world, the results of the work for eight months show that our country continues to develop successfully, President Gurbanguly Berdimuhamedov said, commenting on the results of economic development of Turkmenistan in January-August 2020 at a government meeting held last Friday in the format of video communication.

As the President noted, the currently dynamically pursued state macroeconomic policy has made it possible to achieve GDP growth at the level of 5.7 percent through the implementation of strategic programs.

In accordance with the adopted programs, work is also underway to reform the systems of science and education, modernize production, the leader of the nation noted. Effective measures are being taken to digitize and industrialize the country, a market economy is being formed, and oil and gas fields are being developed.

The construction of the Turkmenistan-Afghanistan-Pakistan transmission line and the TAPI gas pipeline is ongoing, and other international projects are being developed. In our sovereign Fatherland, the head of state noted, large-scale construction of large industrial and social facilities has been launched.

The policy of supporting private entrepreneurs and their wide involvement in the implementation of economic transformations is being consistently implemented. But, despite this, Gurbanguly Berdimuhamedov pointed out, in some industries, unfortunately, many issues remain unresolved. But their solution directly depends on the work of the respective leaders.

Speaking about this, the head of state noted that at a government meeting following the results of nine months, a deep analysis of the activities of these industries will be carried out and appropriate conclusions will be drawn.

As the head of state stressed, the tasks facing us this year are clearly outlined in the country's development program for 2020-2025 and require a large amount of work. This means that we must all work hard and with inspiration to solve them.

It is necessary to give an additional impetus to the production of domestic import-substituting products, to increase the output of export-oriented goods, to rationally use the huge opportunities available in the sectors of the economy, Gurbanguly Berdimuhamedov said.

Other articles
1680a50816d032.jpg
TEIF 2025 in Kuala Lumpur demonstrates Turkmenistan’s growing attractiveness

The International Forum on Attracting Foreign Investments into the Economy of Turkmenistan TEIF 2025, held on April 23-24 in Kuala Lumpur, the capital of Malaysia, has come to an end.


161e90b30ab8d8.jpeg
Hydrogeologists conduct an effective search for groundwater in Dashoguz region

The Dashoguz hydrogeological expedition, which is one of the leading enterprises of the State Corporation «Turkmengeology», is confidently entering the new year 2022, the motto of which is «Epoch of people with Arkadag». For a number of years, the expedition's specialists have been demonstrating effective results in the study of the reclamation and ecological state of lands and in the search for drinking water resources.


161e7f3511dc1d.jpeg
Demand for oil in 2022 will grow by 3.3 million barrels per day, the market will be in short supply – IEA

Demand for oil in 2021 increased by 5.5 million barrels per day, and in 2022 it will increase by 3.3 million bpd, Interfax and Bloomberg report citing a report by the International Energy Agency (IEA).


161ea7f182c053.jpeg
Presidents of Turkmenistan and Uzbekistan discussed key issues of bilateral partnership by phone

Key issues of bilateral partnership were discussed by President of Turkmenistan Gurbanguly Berdimuhamedov and President of Uzbekistan Shavkat Mirziyoyev during a telephone conversation last Thursday, the State News Agency of Turkmenistan reports.


16809ff05d2b5a.jpg
GaffneyCline CEO Talks Energy Potential of Turkmenistan’s Offshore Sector

At the Turkmenistan International Investment Forum (TEIF 2025), Stephen Travers, Regional Director of GaffneyCline TM Energy Advisory, gave a presentation on the sustainable growth and investment potential of Turkmenistan’s offshore energy sector.