Reporting during a meeting of the Cabinet of Ministers of Turkmenistan, Deputy Chairman of the Cabinet of Ministers D. Amangeldiev noted that in order to ensure the uninterrupted power supply to consumers, it is planned to build up a ring energy system.

At the extended session of the Cabinet of Ministers on January 26 dedicated to the outcomes of 2017, President Gurbanguly Berdimuhamedov noted that during the realization of the objectives on diversification of fuel and energy complex, the utmost attention should be paid the consolidation of Turkmenistan positions in the world’s energy markets, to the satisfaction of growing internal requirements on energy carriers, to the increment of the production volumes received from oil and gas processing. Construction of TAPI and other gas pipelines has to be under special control.

Past week at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan 15 transactions were registered.

The International Exhibition of Industrial Products, Equipment and Modern Technologies completed its work in Ashgabat. The large-scale forum demonstrated the achievements of the domestic industry, as well as the huge potential of this sphere, to which President Gurbanguly Berdimuhamedov attaches the most important role in the Country Development Program for the next seven years.

At the meeting of the Government devoted to the results of January 2018 the Deputy Prime Minister Myradov G. informed that according to the total volume of products produced, the growth compared to the same period of last year amounted to 3.8 percent. In general, high results were achieved in the sectors of the national economy. Within the established limits, prices for consumer goods and services rendered to the population are preserved.

The Memorandum of Mutual Understanding on the implementation of the project on the construction of Turkmenistan-Afghanistan-Pakistan power transmission lines was signed between the Ministry of Energy of Turkmenistan and Çalyk Holding A.Ş in Ashgabat.

The International Exhibition of Industrial Products, Equipment and Modern Technologies, organized by the Chamber of Commerce and Industry, started its work in Ashgabat. The specialized exhibition is intended to demonstrate the significant achievements and perspective directions of the national economy along the path of innovative development, as well as best practices and developments of foreign manufacturers interested in long-term mutually beneficial cooperation with Turkmen partners.

Steadily following the course of fundamental reforms, Turkmenistan has entered new stage of its history in 2017, which was formulated by the President of the country Gurbanguly Berdimuhamedov as a period of steadfast development and further successful implementation of large-scale reforms.

Past week at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan 29 transactions were registered.

The GDP growth rate in the industrial sector made up 5.5 percent, in the construction sector – 1.3 percent, in the transport and communications complex – 11.1 percent, in the trade sphere – 9.4 percent, in the agricultural sphere – 5 percent and in the sphere of services – 9 percent.