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Economy

Fitch Upgrades Turkmenistan’s Rating

Fitch Upgrades Turkmenistan’s Credit Rating Despite Persistent Economic and Governance Challenges. In August 2024, Fitch Ratings upgraded Turkmenistan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to...

Economic Diversification Agenda for Turkmenistan

In 2014, the World Bank published a comprehensive 66-page report titled “Turkmenistan – Diversifying the Turkmen economy”. Turkmen economy is dependent on the exports of natural gas and there have been multiple attempts...