Investment as a Driving Force of Economy

9 February 2024
2919

The key objective of the investment strategy of the esteemed President Serdar Berdimuhamedov is to attract financial investments in fixed assets and direct them to innovation, the manufacturing of value-added products and the areas that ensure the further socioeconomic development of the country.

Macroeconomic indicators vividly demonstrate that Turkmenistan is an economically stable country that abides by the basic principles of neutrality, good neighbourly relations and respect for territorial integrity. These main pillars of our foreign economic policy help the country, among other things, maintain economic stability. World practice shows that investment is the key driver of economic prosperity. Turkmenistan adopted the Programme “Revival of the New Era of the Powerful State: The National Programme of the Socioeconomic Development of Turkmenistan in 2022–2052” setting forth the investing objectives to ensure the progressive and long-term development of all segments of the national economy. Its main aspects include the expansion of sectors to attract private capital, to enhance investor protection, to liberalise foreign trade and others.

Batyr BERDIYEV,
the Head at the Department, Directorate of the Study of Commodity Circulation in Internal and External Markets, Ministry of Trade and Foreign Economic Relations of Turkmenistan