At the last meeting of the State Council of Turkmenistan, President Serdar Berdimuhamedov announced the success of the measures taken to eliminate the financial and economic crisis, which was global in nature and related, among other things, to the coronavirus pandemic. A strong economic foundation was laid for further socio-economic development through lending and investment development.
In the period 2011-2021, the total volume of loans invested in the economy increased from 17.2 billion manats to 106 billion manats, due to which high-tech industries and modern infrastructure were created.
As part of the strategy of socio-economic development of Turkmenistan for the period 2022-2028, it is planned to strengthen the production base by mastering 278.9 billion manats and increase wages by 1.8 times. The construction of more than 500 industrial and social facilities will open more than 30 thousand jobs, increase the competitiveness of raw materials and manufacturing industries and introduce innovative production methods. It is also planned to deepen cooperation with international financial institutions, including the WTO, according to today's issue of the newspaper "Neutral Turkmenistan".
ORIENT news
