Home
\
Economy
\
Macroeconomic indicators indicate stable growth of Turkmen economy (TDH) National economy demonstrates stable growth
Economy
Macroeconomic indicators indicate stable growth of Turkmen economy (TDH) National economy demonstrates stable growth
Published 12.10.2018
1635

By the outcomes of nine months of 2018, the growth rate of the GDP is observed on 6.2 percent level including 4.2 percent n industrial sector, 0.6 percent in construction, 10.8 percent in transport and communication complex, 7.6 percent in trade, 4.9 percent in agriculture and 10.6 percent in service sphere. The growth rates of production for January – September 2018 increased by 4.6 percent comparing with the same period of 2017. Retail sale indicator is 19.5 percent higher than in the same period of the last year. As of October 1 this year, the revenue of the main financial plan is executed by 116.2 percent while the expenditure part is 92.6 percent. The revenue of local budget was 6,228.3 million manats and expenditures – 5,517.2 million manats. 73.3 percent of the State budget was used for financing of social sphere. Average salary wages increased by 9.4 percent comparing with relative period of the last year. Salaries, pensions, state allowances and students scholarships were paid on time and in full volume. The volume of drawn investments from all sources of financing was 31.3 billion manats for three quarters of the year. The ratio of this indicator against the GDP is 33.4 percent. Investment programme was fulfilled by 104.7 percent. 65.8 percent has been used for construction of production facilities and 34.2 percent for construction of social and cultural objects.

Last news
10.04
The off-site meeting of the Cabinet of Ministers of Turkmenistan
10.04
The heads of the Turkmen-Chinese intergovernmental committee on cooperation and its subcommittees from the Turkmen side have been appointed
09.04
Meeting of Hero-Arkadag with the Head of the Turkmen-Austrian Society
08.04
The Latest Issue of «Arkadagly Ýaşlar» Magazine Has Been Published
08.04
President Serdar Berdimuhamedov took part in the solemn stone-laying ceremony of a new modern settlement
08.04
The visit of Hero-Arkadag to the Republic of Austria has begun
08.04
The President of Turkmenistan congratulated the elected President of the Socialist Republic of Vietnam
08.04
For the attention of the deputies of the Mejlis of Turkmenistan
07.04
President Serdar Berdimuhamedov took part in the mass bicycle race
07.04
Telephone Conversation between the Chairman of the Halk Maslahaty of Turkmenistan and the Chairperson of the Federation Council of the Federal Assembly of the Russian Federation
top-arrow