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

21:57 11.09.2023 3936

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
1651e729bc524f.jpg
The Minister of Economy of Azerbaijan Discusses Bilateral Cooperation Expansion Issues with the Leadership of the Fuel and Energy Complex of Turkmenistan

On Wednesday, the Government of Turkmenistan held negotiations on expanding the Turkmen-Azerbaijani cooperation in the oil and gas sector with the Minister of Economy of Azerbaijan Mikayil Jabbarov, who is visiting Ashgabat at the head of the Azerbaijani delegation.


161b056c2d58a3.jpeg
New technologies make work at gas stations more comfortable

Employees of the Gubadag Oil Enterprise of the Main Directorate of «Turkmennebitonumleri» for 11 months of this year have demonstrated effective results of their activities. After major reconstruction, a filling station No. 170 was put into operation, located in the eastern part of the Gubadag-Dashoguz highway.


161b320f67ce09.jpeg
Fuel and energy complex enterprises took part in the second virtual exhibition, which opened in honor of the Day of Neutrality of Turkmenistan

On the eve of the Day of Neutrality of Turkmenistan, the second virtual exhibition of the economic achievements of our country was opened on Thursday. The exhibition is organized by the Chamber of Commerce and Industry in partnership with ministries and departments, private enterprises of Turkmenistan.


161b82b22e7fab.jpeg
President of Turkmenistan congratulated workers of the oil and gas industry and geology on their professional holiday

Today, December 14, Turkmenistan celebrates the Day of Oil and Gas Industry and Geology Workers. On this occasion, President of Turkmenistan Gurbanguly Berdimuhamedov sent a congratulatory message to the workers of the oil and gas industry of our country.


161b1ad1785f68.jpeg
Oil is confidently rising in price, the price of Brent rose to $76.42 per barrel

Oil prices are rising on Thursday on new signals that the spread of the omicron COVID-19 strain will not have such serious consequences for the global economy as initially expected, Interfax reported.