2025-9-29 12:20 |
Kazakhstan’s Ministry of Energy is boosting local content in subsoil user procurements through long-term contracts with domestic manufacturers. Since mid-2024, contracts worth billions of tenge have been signed, increasing private sector involvement.
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The expansion of industrial projects reflects a state-led strategy to diversify the economy, stimulate regional employment, and increase fiscal revenues through manufacturing growth.
The increase in Osh’s budget alongside substantial central government transfers highlights a continued reliance on fiscal redistribution to support regional development and infrastructure investment.
The growth in GDP and budget revenues reflects improving fiscal discipline and formalization of the economy, enabling increased state capacity for social and infrastructure spending.
The Asian Development Bank expects continued inflationary pressure in Turkmenistan in the coming years, driven by higher public spending, import prices, and monetary conditions.
The Asian Development Bank expects steady economic expansion in Turkmenistan in the coming years, supported by gas exports and infrastructure investment, while warning of potential pressure on household incomes.
China’s solar energy capacity recorded strong growth over the past years, with particularly sharp acceleration in the latest period driven by rapid deployment of new installations.
Trade volumes at the Turkmen-Uzbek border trade center “Shabat” continue to grow, with increasing cross-border purchases and expanding trade turnover between the two countries.