OREANDA-NEWS. October 19, 2009. All branches of the national economy of Turkmenistan reported high growth for the period of January-September 2009, Chairman of the State Committee on Statistics Ashirguly Gurbangulyev said at a government meeting on 14 October. "In particular, good growth was achieved in processing industry, including power generation, chemical and food industries, as well as construction materials industry”.

In his turn, Deputy Chairman of the Cabinet of Ministers Tuvakmammet Djaparov said that Turkmenistan's GDP growth for the first nine months of the year amounted to 10,8 per cent. According to him, high GDP growth accounted largely "for rapid development in the spheres of construction, agriculture and service industries. Thus, the grain harvest this year rose 1,5 times year-on-year, while investment in construction grew by 300 percent compared to the same period last year.

According to the official statement, after hearing the reports, Turkmen President Gurbanguly Berdimuhamedov "expressed general satisfaction with the pace of socio-economic development of Turkmenistan."

"Life has shown how correct and timely were the decisions to diversify the economy, to create the Stabilization Fund that made it possible to achieve good results as a whole," the head of state stressed.