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Turkmenistan reports growth in key macroeconomic indicators for 1H2024

Turkmenistan Materials 13 July 2024 10:25 (UTC +04:00)
Aman Bakiyev
Aman Bakiyev
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ASHGABAT, Turkmenistan, July 12. Practical steps to maintain stable development of all sectors of the economy and regions of Turkmenistan from January through June this year ensured a steady growth rate of gross domestic product (GDP), Trend reports.

This was announced by Deputy Chairman of the Government of Turkmenistan Hojamyrat Geldimyradov at a meeting of the Cabinet of Ministers held on July 12, 2024.

According to him, during the specified period in the industrial complex, this figure is 3.6 percent, in construction - 9.3 percent, and in the transport and communications sector - 7.3 percent.

Furthermore, Geldimyradov noted that the growth rate for the first half of this year in trade amounted to 7.8 percent, agriculture - 5.8 percent, and services - 7.9 percent.

Meanwhile, Turkmenistan has been witnessing continuous economic growth, fueled by focused initiatives in energy, transportation, and infrastructure development.

The nation is actively implementing strategies to attract international investments, with a significant focus on diversifying the economy and improving the business climate.

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