President of Turkmenistan Serdar Berdimuhamedov during an expanded meeting of the Cabinet of Ministers on Friday noted that nearly 18.6 billion manats in capital investments were made in the country during the first half of 2026, Turkmen state media reported.
During the meeting, Minister of Finance and Economy Mammetguly Astanagulov reported on the implementation of the state budget in the first half of the year, investment indicators and the implementation of the National Rural Program. According to him, the volume of investments directed toward the development of the national economy from all sources of financing increased by 4.3% compared with the same period last year and accounted for 16.5% of gross domestic product.
Of the total investments, 45.1% were allocated to production facilities and 54.9% to social and cultural facilities. During the first half of the year, residential buildings with a total area of 309,000 square meters were commissioned in the country's regions, cities and districts.
During the meeting, Deputy Chairman of the Cabinet of Ministers Hojamyrat Geldimyradov reported on the country's macroeconomic indicators for the first six months of the year. According to the report, Turkmenistan’s gross domestic product increased by 6.3%, while total output grew by 10.4%. Growth rates reached 2.7% in industry, 6.7% in construction, 10.4% in transport and communications, 8.5% in trade, 2% in agriculture and 8.4% in services. Retail trade turnover increased by 10.1%, while foreign trade turnover rose by 7.5%.
After hearing the reports, President Serdar Berdimuhamedov stressed the importance of continuing reforms in all sectors of the economy to improve living standards. He also emphasized the need to develop the tax system, ensure full and timely payment of taxes, strengthen oversight of the efficient use of budget funds and prepare the state budget for the next year on time.
The Head of state also instructed officials to maintain the stability of the national currency, increase investment directed toward the economy, improve the banking system, expand digital services and continue cooperation with international financial institutions.
