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Home Turkmenistan

January 2025: Turkmenistan Invests Over 3 Billion Manats

WNAM: by WNAM:
February 16, 2025
in Turkmenistan
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January 2025: Turkmenistan Invests Over 3 Billion Manats
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WNAM MONITORING: The volume of investments made in Turkmenistan from all sources of funding exceeded 3 billion manats in January of this year, President of Turkmenistan Serdar Berdimuhamedov reported during a Cabinet of Ministers meeting on Friday.

The head of state noted that these investments would create new jobs in the regions and improve living conditions for the population.

Head of the state emphasized the importance of continuing work on the implementation of the social and economic development program and attracting investments in 2025.

Deputy Prime Minister for economic and financial issues, Hojamyrat Geldimyradov, presented macroeconomic data for January: production in the country increased by 9.2% compared to the same month in 2024, and GDP grew by 6.3%. The highest growth rates were recorded in the transport and communication sector (11.1%) and trade (9.9%).

During the reporting period, retail trade turnover rose by 11.1%, and foreign trade turnover increased by 1.1%. The average wage level in large and medium-sized enterprises grew by 10.6%, and salary, pension, and scholarship payments were made on time. The volume of investments in January grew by 27.3% compared to the previous year.

Deputy Prime Minister overseeing the agro-industrial complex, Tanryguly Atahallyyev, reported the successful fulfillment of plans for the agricultural sector, with the investment plan for agriculture completed at 388.5%.

The government also discussed and made decisions on other priority issues of national importance.

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