Turkmenistan's GDP growth for 11 months amounted to 6.2%
11:21 20.12.2022 9196
According to the results of eleven months, a stable GDP growth rate is observed in Turkmenistan, which amounted to 6.2%. This was reported at a government meeting last Friday, which discussed the results of the country's socio-economic development in January-November 2022.
“According to the results of eleven months, a stable GDP growth rate is observed, which amounted to 6.2%. Compared to the same period last year, production increased by 11%,” Vice-Chairman Hojamurad Geldimyradov said.
It was also noted that, compared with the same period in 2021, the volume of retail trade increased by 10.6%, and the volume of foreign trade turnover increased by 35.7%.
The Vice-Chairman also noted that in January-November of this year, the revenue part of the State budget was executed at the level of 119.9%, and the expenditure part – by 98.1%.
Compared to the same period last year, the average monthly wage is 10.4% higher. Wages, pensions, state allowances and student scholarships are financed in a timely manner and in full.
The volume of disbursed capital investments from all sources of financing increased by 14.1% compared to the same period in 2021.
During the meeting, President Serdar Berdimuhamedov stated that, despite the difficult situation in the global economy and the inadequate level of work in certain industries, the national economy continues to grow at a high rate.
The head of state also noted that over the 11 months of this year, production volumes have increased in almost all sectors of the country's economy. As a result of the measures taken to increase export-oriented products, the volume of deliveries of various goods abroad increased by about 50% compared to last year.
Preparations for the implementation of energy projects discussed at talks in Islamabad
The issues of practical implementation of the projects of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline and the Turkmenistan-Afghanistan-Pakistan (TAP) power transmission lines were discussed in Islamabad by the delegation of Turkmenistan, which, on behalf of President Gurbanguly Berdimuhamedov, is on a working visit to Pakistan on January 31 – February 4, informs the website of the Foreign Ministry of Turkmenistan.
The government meeting summed up the results of the oil and gas sector for January-May 2025
On July 4, President of Turkmenistan Serdar Berdimuhamedov held a digital meeting of the Cabinet of Ministers, where the results of the work carried out in the country for the first five months of this year were summed up, TDH reports.
Preparations for the VI Caspian Summit discussed
The issues of preparation for the VI Summit of the Heads of the Caspian States within the framework of the events planned in Turkmenistan for 2022 were discussed on Tuesday at a meeting of the interdepartmental commission on the Caspian Sea, the website of the Foreign Ministry of Turkmenistan reports.
Gurbanguly Berdimuhamedov held a meeting on expanding Turkmen gas export routes
The issues of expanding export routes for the supply of Turkmen natural gas were discussed at a meeting held on Tuesday by President Gurbanguly Berdimuhamedov with the participation of Vice-Chairmen of the Cabinet of Ministers for the fuel and energy complex, economy and foreign policy, the State News Agency of Turkmenistan reports.
Turkmenistan's GDP growth rate for seven months amounted to 6.3%
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.