ASHGABAT, Turkmenistan, February 19. The volume of investments disbursed from all sources of financing in Turkmenistan in January this year is 24.6 percent more than in the same month last year, Trend reports.
This was announced by President of Turkmenistan Serdar Berdimuhamedov at a meeting of the Cabinet of Ministers.
According to him, in the specified month, the volume of investments disbursed from all sources of financing amounted to 2.54 billion Turkmen manat ($727 million).
The President noted that the development of capital investments creates conditions for increasing production capacities in the country, which will improve the living conditions of the population and create additional jobs in the regions.
During the meeting, he stated that the GDP growth rate in January amounted to 6.3 percent, which indicates sustainable development in the sectors of the national economy.
Furthermore, Berdimuhamedov stressed that currently it is necessary to take measures to increase production in the industrial sectors, effectively use existing capacities, expand activities in the field of trade and services.
Meanwhile, Turkmenistan has exhibited consistent expansion in its economy through varied initiatives in the energy, transportation, and infrastructure domains.
The nation is actively executing plans to allure foreign investments, emphasizing economic diversification and enhancing the entrepreneurial environment.