Home
\
Economy
\
The economy of Turkmenistan demonstrates stable growth
Economy
The economy of Turkmenistan demonstrates stable growth
Published 12.04.2019
1033

Outcomes of the first quarter demonstrate that the economy of Turkmenistan is steadily developed. The growth rates of the GDP remains on 6.2 percent level from the beginning of the year. Comparing with the same period of the last year, volumes of export of local good have grown by 20.7 percent while import reduced almost by 27 percent. Volumes of production of various items have increased comparing with the same period of the last year. Positive dynamics of production of confectionary and meat products as well as flour, bread, bakery and pasta has been observed. The growth rate of indicators in transport and communication sector was observed for the period under review. Cargo traffic by all modes of transport has been increased by 6.4 percent while passenger traffic by 4 percent in January – March comparing with the same period of 2018. The growth rate in communication sphere is equal to 2.7 percent. The growth rates of agricultural production were provided on 28.2 percent level. The volume of drawn investments from all sources of financing was 5 billion manats. The growth of non-governmental sector of the economy, which share in total production was 63.3 percent, has also been reached in the first quarter of the year. By April 1 of this year, the revenue of the main financial plan of the country has been fulfilled by 104.7 percent while the expenditure part by 84.3 percent. Average salary wages at big and medium facilities have increased by 9.4 percent comparing with the first quarter of the last year. Salaries, pensions, state allowances and student scholarships have been paid in time for the period under review.

Last news
01.05
The extended offsite meeting of the Cabinet of Ministers of Turkmenistan
01.05
The President of Turkmenistan got acquainted with the preparations for the international conference in the «Avaza» National Tourist Zone
01.05
President Serdar Berdimuhamedov left for the Balkan velayat
01.05
Turkmenistan's initiatives to unite efforts in the name of a happy life for the younger generation are supported by the UN
01.05
With care for the younger generation
30.04
Telephone conversation between the Chairman of the Halk Maslahaty of Turkmenistan and the Federal President of the Federal Republic of Germany
30.04
A conference in honour of the «heavenly» horses was held in the city of Arkadag
30.04
The President of Turkmenistan congratulated the UN General-Secretary
29.04
Chairman of the Halk Maslahaty of Turkmenistan held a meeting with the advisor to the Prince of Monaco
28.04
The President of Turkmenistan Held a Working Meeting via the Digital System
top-arrow