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Turkmenistan's GDP grows by 11.1 percent in January

Business Materials 22 February 2013 20:44 (UTC +04:00)

Turkmenistan, Ashgabat, Feb. 22 /. Trend, H. Hasanov /

As of January 2013, stable growth rate of gross domestic product (GDP) has been achieved in Turkmenistan, which stood at 11.1 percent compared with the same period last year, the statement of Finance Ministry said.

In general, production increased by 12.2 percent in January 2013 compared to the same period in 2012.

Turkmenistan holds one of key positions in the region for the supply of natural gas. Russia, China, Iran are importers.

The leadership of the country has taken a course to diversify the economy. Oil and gas processing, textile, cotton processing industries and production of building materials have been recently developing.

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