Turkmenistan, Ashgabat, Oct. 15 / Trend H. Hasanov /
GDP volumes are dynamically increasing in Turkmenistan, the Turkmen Finance Ministry said today.
GDP growth rates were 11.1 percent for the nine months of this year. In general, the share of industry has significantly increased in GDP. This figure increased by 13 percent compared to the same period of 2011.
Turkmenistan holds one of key positions on natural gas supplies in the region. Russia, China, Iran are importers. The country's leadership took a course of diversifying the economy. The oil and gas processing, textile industry, industry and production of building materials have been recently developing.
Thus, high production rates of many kinds of products were achieved from January to September 2012 compared to the same period in 2011. This figure is characterized by the following figures: electricity generation - 6.4 percent, natural gas production - 8.5 percent, oil - five percent, petrol production - 5.6 percent, diesel fuel - 1.6 percent, kerosene - 7 4 percent, lubricating oil - 16.3 percent, liquefied gas - 17.7 percent, polypropylene - 11.4 percent.
Turkmenistan allocates significant funds to develop the national economy. The amount of mastered investments was 34.7 percent, and the amount of salaries increased by 11.1 percent compared to the corresponding period of last year.