Arzuw NEWS - Turkmenistan news

The head of Turkmenistan summed up the results of 2020

Speaking at the enlarged government meeting on February 12, the Leader of the Turkmen Nation underlined that despite the global crisis Turkmenistan had successfully coped with most of the planned tasks.

In 2020, it was possible to maintain the growth rate of the economy: GDP growth was 5.9% (trade +15.1%, industry +3.3%, transport and communication sector +4.7%). Positive dynamics is observed in social sphereThe company created about 12,000 new jobs and commissioned more than 2 million square meters of buildings.2 housing (including for low-income families), opened new educational institutions, medical, cultural and sports centers. Investments in the construction sector During the year, 45 major production and social facilities were opened, and their value amounted to $8 billion.

Gurbanguly Berdymukhamedov emphasized that the further development of the economy depends on the efficiency of its transition to market mechanisms. The President emphasized the need to increase the production of import-substituting products, the rational use of natural resources, the introduction of new initiatives aimed at improving living standards and attracting investment.


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