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Hero-Arkadag announced macroeconomic indicators of Turkmenistan
Economy
Hero-Arkadag announced macroeconomic indicators of Turkmenistan
Published 29.09.2023
2823

The National Leader of the Turkmen people, Chairman of the Halk Maslahaty Gurbanguly Berdimuhamedov, speaking at a meeting of the heads of delegations of Central Asian countries and the Eastern Economic Committee of Germany in Berlin, announced some macroeconomic indicators of Turkmenistan.

According to Hero-Arkadag, about 200 objects with a total cost of more than 10 billion US dollars are currently under construction in the country, GDP growth for 8 months of 2023 amounted to 6.2%, the amount of annual investment in the economy is equal to 18-19 percent of GDP, Moreover, the share of foreign investment is up to 12% of their total volume.

The National Leader of the Turkmen people noted that the strategic course towards industrial and innovative growth is ensured by redirecting over 60% of the total investment into the production sector, which makes it possible to change the entire structure of industry and accelerate the development of import-substituting and export-oriented industries.

«In recent years, Turkmenistan has implemented a number of investment projects in the gas chemical sector of the economy. These are new plants built for the production of ammonia, urea, polypropylene, polyethylene, synthetic gasoline», –emphasized the Chairman of the Halk Maslahaty of Turkmenistan.

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