Macroeconomic indicators of January – April 2019 indicates stable development of the country. The growth rate of the GDP was observed on 6.2 percent level for the period under review.
Comparing with the same period of the last year, the production has increased by 6.1 percent in general.
The volume of retail trade has grown by 19.1 percent by the results of four months comparing with the same period on 2018.
Enterprises of the Union of Industrialists and Entrepreneurs increased the volumes of industrial production by 28.3 percent, agricultural and food production by 4.6 percent.
Salary wages, pensions, state allowances and student scholarships have been paid in full volume for the period under review.
Construction of 76 social facilities 205.4 thousand square meters of living as well as number of water treatment facilities and engineering and technical systems has been carried out under the implementation of new edition of National rural programme.

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In the first quarter of this year, Turkmenabat Chemical Plant has significantly increased the production of polyethylene pipes. The volume of production was 20,000 tons in January – February, which is considerably exceeds the results of the four quarters of the last year. Key role in this was played by the opening of polymeric complex in Kiyanly from where raw materials for production of polyethylene pipes, which have wide application, is delivered.
Today, the facility with 1,400 personnel produce phosphoric mineral fertilizers, sulphuric acid, aluminium sulphate for treatment of drinking water, technical and medical oxygen, liquid glass and other production.
In few years, production infrastructure of the plant will be supplemented by new facilities. The State Concern Turkmenchimiya announced international tender for project design and turnkey construction of the unit for production mineral fertilizers. The construction of the facility for production of phosphate fertilizers at Turkmenabat Chemical Plant has been discussed during working visit of Turkmen delegation to Japan on March 24 – 28.
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Having listened to the report on the preparation to the X International Gas Congress of Turkmenistan at video conference working session on March 20, President Gurbanguly Berdimuhamedov noted that this traditional specialized forum is aimed at further development of beneficial cooperation with all interested foreign partners in fuel and energy sector.

The Head of the State also highlighted that Turkmenistan implements the strategy for integrated modernization of profile infrastructure, diversification of routes of energy carriers to the world markets, strengthening of the potential of processing including petrochemical industry, increment of production of high quality competitive production.

During the session, Turkmen leader gave number of important assignments to the management of oil and gas complex. In particular, it was requested to provide high level of organization of the X International Gas Congress, which is to be an efficient ground for exchange of advanced practice, activation of productive relations with leading world financial and petroleum companies.

On the 27th March, a general meeting was held in the conference hall of the Union of Industrialists and Entrepreneurs on the results of the activities of the National Organization of Turkmenistan for Bar Codes over 5 years. Members of the NOTBC - heads and representatives of ministries and institutions, the Union of Industrialists and Entrepreneurs, government and private enterprises, and the mass media took part in its work.
Congratulating the members of theNOTBC with the fifth anniversary the Chairman of the Union of Industrialists and Entrepreneurs emphasized the importance of the work of this non-commercial voluntary structure in the development of international trade partnership, expanding the export opportunities of Turkmen goods producers, an introduction of innovations.

President Gurbanguly Berdimuhamedov noted at the session of the Cabinet of Ministers on March 7 that expansion of measures for support of agriculture, implementation of the projects of rapid development of plant cultivation and livestock farming, comprehensive support of entrepreneurs working in this sphere have utmost importance for the development of agricultural complex.
All of these is to support the improvement of food safety and export potential of the country, gradual replacement of imported food products with local goods.
Speaking of the main goals of the Union of Industrialists and Entrepreneurs, the President highlighted several times that the UIET has to take a leading position in marketing economy of the country, to become the mechanism of provision of deserved level of social and living conditions of the population as well as to support successful integration of our state to the system of global economy.
Efficiently using favourable conditions for private initiative, local businessmen enter an international level developing modern technologies of production and marketing. National Barcode Organization has been established with the participation of the UIET.

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