ASHGABAT, Turkmenistan, May 4. The gross domestic product (GDP) of Turkmenistan from January through April 2024 amounted to 6.3 percent compared to the same period last year, Trend reports.
This was announced by Deputy Chairman of the Government of Turkmenistan Hojamyrat Geldimyradov at a meeting of the Cabinet of Ministers held on May 3, 2024.
According to him, in the first 4 months of this year, the volume of products produced increased by 11.4 percent compared to the same period in 2023, and production indicators by industry remained positive.
Furthermore, Geldimyradov noted that from January through April of this year, retail trade turnover increased by 11.1 percent compared to the same period last year.
Meanwhile, Turkmenistan has been experiencing continuous economic growth, driven by focused efforts in energy, transportation, and infrastructure development.
The country is actively implementing strategies to attract foreign investments, with a strong focus on diversifying the economy and improving the business climate.