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Turkmenistan's GDP grown significantly since early 2019

Business Materials 6 July 2019 10:07 (UTC +04:00)

Ashgabat, Turkmenistan, July 6

By Huseyn Hasanov– Trend:

The growth of the gross domestic product (GDP) of Turkmenistan in January-June 2019 was 6.2 percent, Trend reports referring to Turkmen Government.

The report on GDP growth was presented at a meeting of the Cabinet of Ministers of Turkmenistan.

President Gurbanguly Berdimuhamedov noted that the revenues of the state budget have increased. The course of the national currency remains stable and unchanged, the president added.

He noted that presently, a large-scale construction of about 2,000 large industrial and social facilities with a total value of over $30 billion is being carried out in the country.

According to BP report, Turkmenistan with natural gas reserves ranks fourth in the world and presently, it sells gas to China and Russia.

The country set a course on diversifying the local economy. The oil, gas, chemical, and building material industries are actively developing.

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