Turkmenistan should be reclassified from upper-middle-income to lower-middle-income economy. In advance of the World Bank’s country income classification update on July 1st, Progres Foundation urges the World Bank...
The Asian Development Bank (ADB) published the country factsheet in April 2024 with the summary of ADB’s operations in Turkmenistan. ADB’s focus in Turkmenistan includes enhancing transport infrastructure...
The Asian Development Bank (ADB) analyzes global privatization trends over the last four decades in a policy brief titled “Privatization of State-Owned Enterprises: A Summary of Experience”. Global Privatization Trends...
The Bertelsmann Stiftung’s Transformation Index (BTI) published its 2024 country report for Turkmenistan. It assesses the country’s transition toward democracy and a market economy and covers the period from February 1...
The latest Transition Report (2023-24) from the European Bank for Reconstruction and Development (EBRD) on Turkmenistan, released in November 2023, reveals notable changes compared to the previous year’s report...
A study by Professor Aliya Isiksal from World Peace University in Northern Cyprus looked into the impact of natural resource (NR) wealth on the financial expansion of resource-rich Central Asia. This article summarizes...
Fitch Ratings assigned Turkmenistan a “B+” rating with a Positive Outlook in its latest report released in February 2024, which mirrors the rating given in August 2023. Fitch’s rating scale ranges from...
Turkmenistan’s progression towards the World Trade Organization (WTO) membership, initiated with its observer status application in May 2020, illustrates a multifaceted journey. This timeline, sourced from state media...
In February 2024, the government of Turkmenistan announced an increase in state purchasing prices for wheat and cotton with the aim of boosting agricultural productivity and incentivizing farmers. This move, which marks...
In 2023, Turkmenistan exceeded its job creation target by nearly threefold, generating 7,607 new jobs compared to the planned 2,688, reports Orient. After having examined this data closely and put in light of the...