The State Bank for Foreign Economic Affairs of Turkmenistan


Partnership for development!

  /   State News Agency of Turkmenistan  /   06.06.2019  /  

President Gurbanguly Berdimuhamedov held regular video conference session of the Cabinet of Ministers where outcomes of work of the branches of national economy for five months of the year have been summed up as well as current subjects of the state life have been discussed.

Durina January – May, the high production indicators have been achieved in all branches of national economy.

The growth rates in industry made 4 percent, transport and communication sphere 10.1 percent, trade 11.8 percent, agriculture 3.5 percent, service sphere 8 percent. Positive dynamics is observed in construction industry as well.

In general, the production by ministries and profile departments increased by 6.3 percent comparing with the same period of the last year.

The volume of retail trade for five months has grown by 19.1 percent comparing with the same period of 2018.

For January – May, the revenue of the State Budget of the country was equal to 7.53 billion manats while expenditure part 7.49 billion manats.

Comparing with the same period of the last year, the average salary wages in big and medium facilities have increased by 9.5 percent.

Volumes of export of national production increased by 14 percent and at the same time, import of goods has been reduced by 20 percent. Comparing with the same period of the last year, high growth rates have been reached in all branches of the economy.

We saved some finances in the result of successful activity of economic complex and started the construction of numerous settlements in the regions of the country. The construction of administration centre of Ahal Velayat has also been started. At present time, we work on the construction of new complex of facilities in the north of Ashgabat, the Head of the State said.

According to adopted plans, the policy of diversification of supplies of energy resources to the world markets is carried out. The projects of construction of the main gas pipeline Turkmenistan – Afghanistan – Pakistan – India as well as other regional projects are implemented , the Head of the state noted.