Asian Development Bank and Turkmenistan: Fact Sheet
Asian Development Bank | April 2009
Abstract
Updated yearly, this ADB Fact Sheet provides social and economic indicators on Turkmenistan as well as concise information on ADB's operations in the country and contact information. Official data indicates growth in Turkmenistan has been relatively robust in recent years, supported by higher gas prices renegotiated with the Russian Federation, and an expansion in gas exports. However, while the oil and gas industry has supported the economy, the cotton crop has experienced shortfalls for a number of years. In the medium term, the country will remain dependent on exports of energy products, which heavily influence state revenues. In order to diversify its export base and achieve more broadbased and sustainable economic growth, the Government has taken measures to reform the foreign exchange system, education, health, information and technology, and social protection sectors to make them more efficient and effective. The Government is also trying to further open up the economy to external investors. Reforms are needed in the areas of private sector participation, and transparent management of the oil and gas fund.
Citation
Asian Development Bank. 2009. Asian Development Bank and Turkmenistan: Fact Sheet. © Asian Development Bank. http://hdl.handle.net/11540/5819.Keywords
Development Planning
Development Research
Technology Development
Aid And Development
Asian Development Bank
Comprehensive Development Framework
Development Cooperation
Development Management
Development Planning
Development Strategies
Development strategy
Development models
Economic development
New technology
Rural planning
Aid coordination
Industrial projects
Infrastructure projects
Natural resources policy
Educational development
Absorptive capacity
Rural planning
Regional development bank
Project finance
Strategic planning
Infrastructure projects
Government programs
Public finance
Public enterprises
Development
Economics
Development In East Asia
Development Planning
Development Research
Technology Development
Aid And Development
Asian Development Bank
Comprehensive Development Framework
Development Cooperation
Development Management
Development Planning
Development Strategies Development strategy
Development models
Economic development
New technology
Rural planning
Aid coordination
Industrial projects
Infrastructure projects
Natural resources policy
Educational development
Absorptive capacity
Economic development projects
Economic forecasting
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Municipal government
Technology transfer
Exchanges of patents and technical information
Technical education
Technology
Communication in rural development
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Economic development projects
Development banks
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Human rights and globalization
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