Turkmenistan’s GDP ups by 10.5 per cent from early 2012
Turkmenistan, Ashgabat, May 7 / Trend H. Hasanov /
As of January-April 2012 the increase in Turkmenistan's gross domestic product (GDP) amounted to 10.5 per cent. This testifies to a steady progressive development of national economy, the finance ministry said today.
'This figure was ensured by high results achieved in a number of sectors, including industry, construction, transport and communications, trade, agriculture and services', a statement said. The country's leadership follows an economy diversification policy.
The growth rate of retail trade turnover amounted to 114.1 per cent, foreign trade turnover - 148.7 per cent and paid services rendered to the population - 114 per cent compared to the same period of last year. The plan has been fully fulfilled for all types of taxation.
Turkmenistan holds a key position on natural gas supplies in the region. Russia, China and Iran are importers.
Oil and gas processing, textile industry and tourism have recently been developing.