...

Turkmen GDP increases since early 2015

Business Materials 6 May 2015 13:01 (UTC +04:00)
The GDP volume is steadily growing in Turkmenistan, for January-April 2015, the GDP growth remained stable at 10 percent
Turkmen GDP increases since early 2015

Ashgabat, Turkmenistan, May 6

By Huseyn Hasanov- Trend:

The GDP volume is steadily growing in Turkmenistan, for January-April 2015, the GDP growth remained stable at 10 percent, the message of the country's economy and development ministry said.

The indicators for the drawing of investments at the expense of all sources of funding are characterized by stable dynamics, according to the message. The ratio of the macroeconomic indicator to GDP is 37.1 percent.

"The country continues the construction of various projects worth over $50 billion," said the message.

The results of the first four months of the year clearly demonstrate the ongoing dynamics of indicators, "despite the negative developments in the global economy and difficult external environment," according to the message.

Turkmenistan ranks fourth in the world's natural gas reserves. At present, it exports gas to China, Iran and Russia, according to a British Petroleum (BP) report.

Ashgabat chose a course to diversify the local economy. The textile industry, as well as the area of petroleum products, advanced. The oil, gas and chemical industry and the production of building materials are being actively developed.

Edited by CN

Tags:
Latest

Latest