Chairman of the Board of the State Bank for Foreign Economic Affairs of Turkmenistan Rakhimberdy Jepbarov shared the positive economic indicators of the country at the TIF 2024 Investment Forum in Ashgabat. According to Jepbarov, Turkmenistan’s foreign trade turnover in the first half of 2024 exceeded US $ 9 billion, demonstrating a trade surplus of […]
President of Turkmenistan approves program of socio-economic development of Turkmenistan and investments in 2024 – 6.3% GDP Growth, Increased Jobs, and Private Sector Boom
During an expanded Cabinet of ministers’ meeting on Friday, 9 Feb 2024, the President of Turkmenistan approved the Program of socio-economic development and investments for 2024. The Program outlines the expected macroeconomic indicators this year, production plans for all sectors. In accordance with the document, it is planned to: maintain GDP growth at 6.3%; steadily […]
Turkmenistan’s Economy Shows Steady Growth in 2023: Key Indicators
On 9 February 2024, President of Turkmenistan Serdar Berdimuhamedov chaired an expanded meeting to analyze the key economic achievements of 2023. Deputy Prime Ministers, ministers, and provincial governors presented their reports. Government data revealed a robust 6.3% GDP growth in 2023. In the industrial complex, this indicator increased by 4.3%, in construction – by 2%, […]