Despite the current difficult situation in the world, Turkmenistan maintains a stable macroeconomic situation. President Gurbanguly Berdimuhamedov stated it at a working meeting on the development of the country's financial and economic complex on Wednesday, the State News Agency reports.
The head of state noted that economic growth is ensured at a sufficiently high and stable level. This indicator was 6.2 percent at the end of the last year.
The country also maintains financial and social stability, operational measures are taken to counteract external factors, and work is underway to adapt the economy to external factors.
"The social area, or rather the system of social protection of the population, is actively developing, transformations in the field of education and healthcare continue," the Turkmen leader said.
It was also noted that effective activities are underway to implement the country's industrial policy, in particular, to manufacture import-substituting products, increase the volume of export-oriented products that made it possible to maintain the competitiveness of many sectors of the economy and diversify foreign trade operations.
The President of Turkmenistan emphasized that the dynamic pace of large-scale regional and national investment projects implementation as well as reformation of various sectors of the economy maintained.
Berdimuhamedov noted: "The new development programs of the country will contribute to solving issues related to a significant increase in GDP, that, ultimately, will make it possible to achieve an increase in the welfare and quality of social and living standards of people."
