ASHGABAT, Turkmenistan, February 10. Turkmenistan notes the full implementation of the plan for the development of capital investments at the expense of all sources of financing for the whole of last year and an increase of 7.5 percent compared to 2022, Trend reports.
Hojamyrat Geldimyradov, Deputy Chairman of Turkmenistan's Government, made this announcement at an extended Cabinet of Ministers meeting on February 9, 2024.
According to him, compared to 2022, overall output increased by 7.8 percent last year, with positive production indicators achieved across all sectors of the economy.
The Deputy Chairman added that during the specified period, the volume of retail trade increased by 10.9 percent compared to 2022.
Additionally, Geldimyradov stressed that wages for large and medium-sized enterprises in the country were 9.9 percent higher compared to 2022.
Furthermore, during the period under review, wages, pensions, state benefits, and student scholarships were funded in a timely and complete manner, he noted.
Turkmenistan has consistently observed economic expansion through focused efforts in the energy, transportation, and infrastructure sectors. The nation is actively implementing measures to attract foreign investments, with a specific focus on diversifying the economy and improving the overall business climate.
