In January-April economy of Turkmenistan showed stability

On May 6, in Ashgabat, President of Turkmenistan Serdar Berdimuhamedov held a regular government meeting. It was dedicated to the results of the development of the national economy in the first four months of this year. The indicators showed stability, as reported by «Turkmenistan today».

Muhammetguly Muhammedov, Deputy Prime Minister for Economic and Banking Affairs, and International Financial Organizations, reported to Berdimuhamedov that the volume of retail trade turnover increased by 10,5% compared to the same period last year. The volume of external trade increased by 42,5% as a result of the expansion of exports of goods.

The revenue part of the state budget was executed at the level of 104,7%, and the expenditure part — at the level of 98%. The social sphere is financed by 79,7% of the funds. Salaries increased by 10,4%. In total, 6.2 billion manats (about 1.77 billion dollars) of investments were absorbed.

The president stressed that the indicators testify to the stable development of Turkmenistan. He gave instructions on preparing proposals for attracting investments. The Turkmen leader also signed an order on the participation of the country in expanding the total capital of the Islamic Development Bank.

The head of the state stressed that from January to April the GDP growth rate remained at the level of 6,2%.

During the meeting, attention was also paid to the fact that the country continues to successfully implement the strategy for the development of entrepreneurship, and businessmen are more widely involved in the implementation of reforms in the national economy.

09 май 2022, 10:23

Serdar Berdimuhamedov

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