Turkmenistan, Ashgabat, July 21 / Trend H. Hasanov /
Turkmen President Gurbanguly Berdimuhamedov has approved the regional development programs, designed for the next five years, Turkmen Dovlet Khabarlary state news service said today.
It is stressed that these documents will help to strengthen the national economy, transforming it into innovation, based on a modernized, high-tech industry.
Turkmenistan consists of five regions - Akhal, Balkan, Mary, Dashoguz and Lebap.
According to a separate country program approved by the president, the tasks were determined to ensure the transition to market relations without shocks, the statement said.
According to Turkmen Dovlet Khabarlary, the economic strategy of the country's leadership has allowed not only to minimize the impact of the global financial crisis on the national economy, but also to maintain GDP high growth rates, industrial production, foreign trade turnover, price stability in the domestic market of goods and services, to increase investments, directed to the social sphere.
This is confirmed by macro-economic indices as of the first half of 2012. Thus, the growth rate of gross domestic product (GDP) amounted to 111.1 percent compared to the same period of 2011. The growth rate of industrial production reached 142.9 percent, construction - 118.3 percent, services - 121.8 percent, agriculture - 110.2 percent.
As of the reporting period, the income part of the state budget was executed at 120.5 percent and expenditures - at 94.5 percent. The salaries increased by 11 percent.