Turkmenistan’s gross domestic product (GDP) grew by 6.3% in January–May 2025 compared to the same period last year, according to Deputy Prime Minister Hojamyrat Geldimyradov, who presented macroeconomic data to the Cabinet of Ministers.
Key sector growth rates during the period:
Total industrial production increased 9.7%, while retail turnover rose 12.5% and foreign trade turnover grew 5.4% year-on-year.
The state budget performance was solid, with revenues executed at 101.2% and expenditures at 97.6%. Salaries in large and medium-sized enterprises increased 11.4%. Social payments, including pensions and student stipends, were reported to be paid on time.
Capital investment from all sources was up 16.3%, and progress continues under the National Rural Program.
President Serdar Berdimuhamedov emphasized the need to sustain economic momentum and directed strict oversight of national development programs.
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Start your day informed with AnewZ Morning Brief: here are the top news stories for the 29th of July, covering the latest developments you need to know.
A deadly overnight attack by Russian forces on a correctional facility in Ukraine's Zaporizhzhia region has left 16 people dead and more than 35 injured, as Kyiv accuses Moscow of escalating aerial assaults on civilian areas.
Tensions between Thailand and Cambodia have eased after a ceasefire ended five days of deadly border clashes, but military talks remain delayed and Bangkok plans to report violations to the U.S. and China.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
'Superman' continued to dominate the summer box office, pulling in another $57.25 million in its second weekend, as theatres welcome a wave of blockbuster competition following a challenging few years for the film industry.
Ukrainian state-owned oil and gas company Naftogaz has signed its first agreement with SOCAR Energy Ukraine, a subsidiary of Azerbaijan’s SOCAR, to import a small volume of natural gas via the Trans-Balkan pipeline.
Freight traffic on the vital Middle Corridor trade route has nearly tripled through Georgia in the first half of the year, officials have confirmed, highlighting the growing strategic importance of the South Caucasus as a key artery for commerce between Asia and Europe.
The inaugurate BRICS Motor Rally will take place from 9th to 15th August 2025, along the route from Yekaterinburg to Moscow. The event is supported by the BRICS Business Council under the chairmanship of Braz, the Russian Ministry of Foreign Affairs, and the Russian Chamber of Commerce and Industry.
Kazakhstan’s Ministry of Emergency Situations reported today (28 July) that a fragment of a military helicopter, which vanished from radar during a scheduled flight on Friday, has been found in the Almaty region.
India’s defence minister has rejected U.S. President Donald Trump’s assertion that he brokered a ceasefire with Pakistan in May, insisting New Delhi halted fighting only after achieving its military and political objectives.
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