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Turkmenistan witnesses surge in capital investments volume

Turkmenistan Materials 5 May 2024 01:12 (UTC +04:00)
Aman Bakiyev
Aman Bakiyev
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ASHGABAT, Turkmenistan, May 5. The volume of disbursed capital investments in Turkmenistan increased by 23.9 percent from January through April 2024 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, during the specified period, the revenue part of the country's state budget was fulfilled at the level of 102.6 percent, and the expenditure part was 97.4 percent.

"Wages for large and medium-sized enterprises in the country are 10.4 percent higher from January through April in comparison with the corresponding period of 2023. Salaries, pensions, state benefits, and student scholarships have been funded in a timely manner," Geldimyradov added.

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.

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