Turkmenistan's economic development in January-April of the current year was considered at a meeting of the Cabinet of Ministers.
The Vice Premiers presented the reports. In January-April, the industrial growth rate made 113.7 per cent as compared to the same period in 2013. The volume of retail trade increased by 18.6 per cent, the foreign trade growth rate amounted to 107.3 percent.
In the reporting period, capital investment from all the sources of financing was used steadily. The ratio of this macroeconomic indicator to GDP made 38.9 per cent.
The reporting period was characterised by the successful implementation of the State budget. The revenues of the State budget were implemented at 112.9 per cent and the expenditures - at 96.9 per cent. The growth rate of average monthly wages made 112 percent as compared to the same period in 2013.
It was noted that 235 foreign delegations visited Turkmenistan in January-April. 225 delegations of our country visited foreign countries in the reporting period. The report on the preparations for the official visit of the President of Turkmenistan to the Republic of Tajikistan scheduled for May 5-6 and the state visit of the President of Turkmenistan to the People's Republic of China scheduled for May was presented.
The report on the preparations for the opening ceremony of the second gas processing plant with the capacity of 9 billion cubic metres of gas per year, the construction of which had been completed in the Bagtyyarlyk contractual territory in Lebap Velayat, which will take place on May 7, was presented. Putting the new facility into operation will increase the volume of marketable gas supplied to Turkmenistan-China gas pipeline. Another investment project - the second gas treatment plant with the capacity of 30 billion cubic metres per year in the Galkynysh field - will be launched in Mary Velayat on May 8.
The opening ceremony of the gas turbine power plant in Serdarabat Etrap in Lebap Velayat will take place on May 7.
Addressing the meeting participants, the President commented on the reports, evaluated the results of the work done in January-April and set a number of priority tasks.
The volume of investment made in the economic sectors in January-April grew by 8.1 per cent as compared to the same period in 2013. Wages were raised steadily. GDP growth rate made around 10 per cent as compared to the same period in 2013.
The Turkmen leader dwelt upon the shortcomings in the work of the certain sectors and gave instructions to eliminate them.
Concluding the meeting of the Cabinet of Ministers, the President of Turkmenistan congratulated the meeting participants and all the people, the brave veterans of the 1941-1945 Great Patriotic War and those who had worked selflessly on the home front on the upcoming Victory Day and wished good health, long life and a happy life under the peaceful sky.
The Vice Premiers presented the reports. In January-April, the industrial growth rate made 113.7 per cent as compared to the same period in 2013. The volume of retail trade increased by 18.6 per cent, the foreign trade growth rate amounted to 107.3 percent.
In the reporting period, capital investment from all the sources of financing was used steadily. The ratio of this macroeconomic indicator to GDP made 38.9 per cent.
The reporting period was characterised by the successful implementation of the State budget. The revenues of the State budget were implemented at 112.9 per cent and the expenditures - at 96.9 per cent. The growth rate of average monthly wages made 112 percent as compared to the same period in 2013.
It was noted that 235 foreign delegations visited Turkmenistan in January-April. 225 delegations of our country visited foreign countries in the reporting period. The report on the preparations for the official visit of the President of Turkmenistan to the Republic of Tajikistan scheduled for May 5-6 and the state visit of the President of Turkmenistan to the People's Republic of China scheduled for May was presented.
The report on the preparations for the opening ceremony of the second gas processing plant with the capacity of 9 billion cubic metres of gas per year, the construction of which had been completed in the Bagtyyarlyk contractual territory in Lebap Velayat, which will take place on May 7, was presented. Putting the new facility into operation will increase the volume of marketable gas supplied to Turkmenistan-China gas pipeline. Another investment project - the second gas treatment plant with the capacity of 30 billion cubic metres per year in the Galkynysh field - will be launched in Mary Velayat on May 8.
The opening ceremony of the gas turbine power plant in Serdarabat Etrap in Lebap Velayat will take place on May 7.
Addressing the meeting participants, the President commented on the reports, evaluated the results of the work done in January-April and set a number of priority tasks.
The volume of investment made in the economic sectors in January-April grew by 8.1 per cent as compared to the same period in 2013. Wages were raised steadily. GDP growth rate made around 10 per cent as compared to the same period in 2013.
The Turkmen leader dwelt upon the shortcomings in the work of the certain sectors and gave instructions to eliminate them.
Concluding the meeting of the Cabinet of Ministers, the President of Turkmenistan congratulated the meeting participants and all the people, the brave veterans of the 1941-1945 Great Patriotic War and those who had worked selflessly on the home front on the upcoming Victory Day and wished good health, long life and a happy life under the peaceful sky.