January 2024: Capital Investments in Turkmenistan Exceed 2.5 Million Manats

BUSINESS TURKMENISTAN
January 2024: Capital Investments in Turkmenistan Exceed 2.5 Million Manats
President of Turkmenistan Serdar Berdimuhamedov

Turkmenistan recorded capital investments in the past month totaling 2 billion 545 million manats, announced President Serdar Berdimuhamedov during a regular online Cabinet of Ministers meeting on Friday.

According to Turkmenistan’s official media, the Head of State highlighted that this figure is 24.6 percent higher compared to the same period last year, creating conditions for expanding production capacities.

This, in turn, will improve living conditions for the population and generate additional employment opportunities in the regions, emphasized President Serdar Berdimuhamedov.

During the meeting, the Head of Turkmenistan noted a GDP growth rate of 6.3 percent in January, indicating sustained development across national economic sectors.

He stressed the current need to take measures to increase production volumes in industrial sectors, efficiently utilize existing capacities, and expand activities in trade and services.

President Serdar Berdimuhamedov also called for continued efforts to meet the planned targets for both revenue and expenditure in the State Budget.

The government meeting concluded with a review of the results of various sectors of the national economy for January and consideration of some current issues in the country's public life.

2022