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Turkmenistan's economy shows steady growth in first 8 months of 2025

30 Aug. 08:29

Source

Turkmenistan has demonstrated stable economic growth from January to August 2025, according to preliminary data presented by Deputy Prime Minister Khojamyrat Geldimyradov during a government meeting on Friday.

The country’s GDP grew by 6.3%, while total industrial output increased by 9.9% compared to the same period in 2024.

Retail trade turnover rose by 13.1%, and foreign trade turnover was up by 5.5%. Capital investments from all sources also increased significantly, with a 10.8% rise in total funding absorbed.

Growth was observed across major sectors:

  • Transport and communications: +11%

  • Trade: +9.8%

  • Services: +8.4%

  • Construction: +7%

  • Agriculture: +4.9%

  • Industry: +1.5%

The revenue side of the State Budget was fulfilled at 100%. The average wage at large and medium-sized enterprises increased by 11.9%. Salaries, pensions, allowances, and scholarships were paid on time.

After reviewing the report, President Serdar Berdimuhamedov instructed the Deputy Prime Minister to take measures to maintain macroeconomic stability and ensure systematic monitoring of production plans by ministries and agencies.

















Gavi Donates €1.3M to Fund Social Housing for Low-Income Families

22 Aug. 18:57

Source

FC Barcelona and Spain midfielder Gavi (Pablo Paéz Gavira) is donating approximately €1.3 million to fund the construction of 150 homes for homeless and low-income individuals. The project will take place in his hometown of Los Palacios y Villafranca, located in the province of Seville.

According to Spanish media outlets, the development is designed to shelter around 300 people who face financial difficulties in purchasing or renting a home. The initiative is a purely charitable endeavor funded entirely by the footballer rather than a commercial real estate investment.

Specific details regarding construction timelines and eligibility criteria for housing recipients will be announced in subsequent phases of the project.