Turkmenistan's foreign trade grows 1.7 times
Turkmenistan, Ashgabat, May 2 / Trend , G. Hasanov
The volume of foreign trade in the first quarter of this year surpassed last year's figures by 1.7 times. The export exceeded import nearly 3-fold, the newspaper Neutral Turkmenistan reported on May 2.
The newspaper said public investment in the national economy grew by 2.5 times in the first quarter. This issue was raised at the last Cabinet meeting at which Vice Premier Tuvakmammed Japarov said that growth rate of retail turnover in Turkmenistan, as compared to the same period last year, amounted to 117.7 percent from January to April 2009.
Reporting on the state budget, a member of the Government said that "positive trends in the development of national economy gaining strength."
As many as 1,437 facilities worth $15 billion are being built at Turkmenistan, which earns revenues mainly from energy exports.
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