IMF: factors of growth of the Turkmen economy - reforms, exports, investments
The economy of Turkmenistan has been consistently adapted to the new objective conditions of lower prices for oil and natural gas, the mission of the staff of the International Monetary Fund, which visited Ashgabat, states. Meanwhile, export gas supplies remain one of the factors of stable growth of the Turkmen economy, along with which the IMF delegation noted the expansion of import-substituting production. In addition, the government has adjusted the economic strategy towards a greater role for the non-state sector, according to a press release posted on the IMF website after the completion of its mission in Turkmenistan. The staff of the IMF gave a positive outlook for Turkmenistan's economic development, based on the recently announced package of measures, including an action program for the next seven years, market-oriented structural reforms, the creation of free economic zones that stimulate private investment, including foreign investment.
