Turkmenistan, Ashgabat, Sent. 5 / Trend , H.Hasanov/
In January-July 2009 volume of investments used by Turkmenistan via all finance sources increased by 2.4 times compared to the same period in 2008.
The Turkmen Economy Ministry reported the main part of the budget is directed to financing the social sphere. During the report period, these costs excluding the funds, listed in the Turkmenistan Stabilization Fund comprised 65 percent of total expenditure.
During eight months of this year, the growth rate of retail turnover amounted to 115 percent compared to the same period of last year.
At the last meeting, the government noted that since early 2009, there are high rates of economic development and the sustainable dynamics of GDP growth in Turkmenistan.
In January-August 2009, compared to the same period of last year, the highest growth rates demonstrate power generation, fertilizers, non-metallic building materials, cotton fiber, textiles, as well as the physical volumes of natural gas and oil together, and foreign companies.