President of Turkmenistan Serdar Berdimuhamedov held an extended meeting of the Cabinet of Ministers via a digital system. The main topic of the meeting was to review the results of the country’s socio-economic development for the first quarter of the current year.

According to the report by Deputy Prime Minister H. Geldimyradov, the country’s economy is demonstrating steady growth. The key indicator was GDP growth, which amounted to 6.3%.

The distribution of growth rates by sector is as follows: transport and communications – 10.3% (the leading sector); trade and services – 8.3% each; construction – 6%; industry and agriculture – 2.4% each.

The financial system also remains stable. The revenue side of the state budget exceeded expectations, reaching 102.3% of the planned target.

Special attention in the report was given to the fulfillment of social obligations: salaries, pensions, state benefits, and scholarships for January–March were paid in full and without delays. Within the framework of the “National Rural Program,” active construction of social and industrial facilities continues.

The President emphasized that the development of infrastructure in the regions remains a priority of state policy. At the same time, President Serdar Berdimuhamedov instructed to strengthen control over the rational use of budget funds and tasked the financial sector with maintaining the current GDP growth momentum.