President of Turkmenistan Gurbanguly Berdimuhamedov chaired an enlarged meeting of the Cabinet of Ministers of Turkmenistan to consider the results of the socioeconomic development of the country in 2012, the results of works carried out by ministries and sectoral departments, and number of new investment projects as well as to specify the priority tasks for the social and economic development of the country for 2013.
The representatives of the Mejlis of Turkmenistan, Velayat Khyakims, heads of ministries and departments, representatives of higher educational institutions and mass media were invited to attend the government meeting.
Vice Premiers and heads of sectoral departments informed the Turkmen leader that in 2012 the steady GDP growth was observed. Due to implementation of the successive measures on industrialization of the national economy the share of industry significantly increased in the total GDP volume and makes up 52 percent.
As compare to 2011, the manufacturing work growth rate achieved 120.1 percent. The high productive results were achieved in all sectors of the national economy.
The retail trade turnover made up 118.5 percent in 2012. As compare to 2011, the foreign trade turnover made up 125.9 percent.
As compare to the previous year, the volume of investments used from all sources of finance significantly increased in 2012. Various social and cultural facilities and engineering objects are under construction in all regions of the country.
Reporting on the State Budget execution, the Vice Premier informed the Turkmen leader that the taxation plan was fulfilled within the reporting period.
It was noted that an average monthly salary, pension and welfare payment increased by 11.2 percent as compare to 2011.
In general, the macroeconomic indicators achieved in 2012 vividly testify to the stability of the national economy and prove that there are all necessary conditions in the country to successfully implement the Programme of the President of Turkmenistan on social and economic development of the country in 2012-2016.
The State budget revenues significantly exceeded the expenditures, in particular he revenues made up 159.3 percent, the expenditures – 99.8 percent.
76.5 percent of budget funds were invested to the social sphere.
The local budget revenues had been implemented to 147.6 percent and the local budget expenditures – 99.6 percent.
The annual volume of funds used within the reporting period in compliance with the President’s programme achieved 108.3 percent. The major part of investment funds were used for complex development of the industrial sector, creation of new facilities supplied with the most advanced technologies as well as for development of the social sphere. Thus, 66.1 percent of investment funds were used for development of the industrial sector and 33.9 percent – other spheres.
It was also reported on the progress in implementing the National Programme for the improvement of the social and living conditions in settlements, villages, towns in etraps and entrap centres for the period till 2020. The annual plan of capital investments was fulfilled to 103.8 percent that is 69 percent more than in 2011.
In his keynote speech addressed to the meeting participants, President Gurbanguly Berdimuhamedov summed the last year and specified the priority tasks set to the country in 2013. The Turkmen leader gave a number of specific instructions to cabinet ministers.
The other important state policy issues were considered and the decisions were adopted during the meeting. President of Turkmenistan Gurbanguly Berdimuhamedov made a number of appointments during the meeting.
The representatives of the Mejlis of Turkmenistan, Velayat Khyakims, heads of ministries and departments, representatives of higher educational institutions and mass media were invited to attend the government meeting.
Vice Premiers and heads of sectoral departments informed the Turkmen leader that in 2012 the steady GDP growth was observed. Due to implementation of the successive measures on industrialization of the national economy the share of industry significantly increased in the total GDP volume and makes up 52 percent.
As compare to 2011, the manufacturing work growth rate achieved 120.1 percent. The high productive results were achieved in all sectors of the national economy.
The retail trade turnover made up 118.5 percent in 2012. As compare to 2011, the foreign trade turnover made up 125.9 percent.
As compare to the previous year, the volume of investments used from all sources of finance significantly increased in 2012. Various social and cultural facilities and engineering objects are under construction in all regions of the country.
Reporting on the State Budget execution, the Vice Premier informed the Turkmen leader that the taxation plan was fulfilled within the reporting period.
It was noted that an average monthly salary, pension and welfare payment increased by 11.2 percent as compare to 2011.
In general, the macroeconomic indicators achieved in 2012 vividly testify to the stability of the national economy and prove that there are all necessary conditions in the country to successfully implement the Programme of the President of Turkmenistan on social and economic development of the country in 2012-2016.
The State budget revenues significantly exceeded the expenditures, in particular he revenues made up 159.3 percent, the expenditures – 99.8 percent.
76.5 percent of budget funds were invested to the social sphere.
The local budget revenues had been implemented to 147.6 percent and the local budget expenditures – 99.6 percent.
The annual volume of funds used within the reporting period in compliance with the President’s programme achieved 108.3 percent. The major part of investment funds were used for complex development of the industrial sector, creation of new facilities supplied with the most advanced technologies as well as for development of the social sphere. Thus, 66.1 percent of investment funds were used for development of the industrial sector and 33.9 percent – other spheres.
It was also reported on the progress in implementing the National Programme for the improvement of the social and living conditions in settlements, villages, towns in etraps and entrap centres for the period till 2020. The annual plan of capital investments was fulfilled to 103.8 percent that is 69 percent more than in 2011.
In his keynote speech addressed to the meeting participants, President Gurbanguly Berdimuhamedov summed the last year and specified the priority tasks set to the country in 2013. The Turkmen leader gave a number of specific instructions to cabinet ministers.
The other important state policy issues were considered and the decisions were adopted during the meeting. President of Turkmenistan Gurbanguly Berdimuhamedov made a number of appointments during the meeting.