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President of Turkmenistan: this year we will invest 37 billion 400 million manats

September 24, 2023 | 15:32 |5942
President Serdar Berdimuhamedov, speaking at a meeting of the Khalk
Maslakhaty, noted that stable economic development is the main goal of
Turkmenistan’s strategy, TDH writes.President Serdar Berdimuhamedov, speaking at a meeting of the Khalk
Maslakhaty, noted that stable economic development is the main goal of
Turkmenistan’s strategy, TDH writes.
Source: frame from the Altyn Asyr TV channel

President Serdar Berdimuhamedov, speaking at a meeting of the Khalk Maslakhaty, noted that stable economic development is the main goal of Turkmenistan’s strategy, TDH writes.

To further improve the efficiency of the state investment policy, the necessary work is being carried out, the volume of investments aimed at accelerating the development of processing and manufacturing industries is being systematically increased, Serdar Berdimuhamedov said.

“As a result of these program works, GNP growth since the beginning of this year has been steadily maintained at 6.2%. This speaks of the thoughtful nature of the country’s policy,” the head of Turkmenistan noted.

According to the president, this year it is planned to invest 37 billion 400 million manats in production and socio-cultural systems. “With these funds, we are building and modernizing new production and socio-cultural facilities. Transforming cities and villages, we are carrying out large-scale construction of residential complexes,” the head of state noted.

The volumes and range of products competitive in world markets are growing, which indicates that rapidly developing Turkmenistan is confidently integrating into the global economic, industrial, investment, scientific, technical and technological space.

“We have large-scale regional and national investment programs aimed at producing high-tech and competitive products, as well as creating economic and social systems in the regions,” the head of state said.

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