ASHGABAT, Turkmenistan, April 7. Turkmenistan's retail turnover saw a significant increase of 12.3 percent in the first quarter of 2025 compared to the same period last year, said the country's Deputy Prime Minister for Economic and Financial Affairs, Khojamurat Geldimyradov, during an online Cabinet meeting, Trend reports.
''The country's GDP grew by 6.3 percent in Q1 2025, with positive growth observed across key sectors. Industry saw a modest 0.3 percent increase, while construction surged by 3.8 percent. The transport and communications sector experienced an impressive 11.1 percent growth, trade expanded by 9.9 percent, agriculture rose by 4 percent, and services grew by 8.8 percent,'' he noted.
According to him, the revenue side of the State Budget from January through March was executed at 102 percent, while the expenditure side stood at 97.7 percent.
Moreover, the average monthly salary at large and medium-sized enterprises increased by 11.2 percent compared to the same period last year, further highlighting the positive economic environment.
Capital investments during the quarter saw a notable 17 percent increase, driven by funding from diverse sources, signaling robust investment activity across the economy.
The government meeting summarized the key results for the first three months of the year were reviewed, underscoring Turkmenistan's continued economic growth and positive trajectory of development.
