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IMF expects high growth of Turkmen GDP

Turkmenistan Materials 3 November 2014 14:06 (UTC +04:00)
Turkmenistan's GDP growth rate has been strongly maintained at an average of more than 10 percent for the last 2 years
IMF expects high growth of Turkmen GDP

Ashgabat, Turkmenistan, Nov. 3

By Huseyn Hasanov - Trend:

Turkmenistan's GDP growth rate has been strongly maintained at an average of more than 10 percent for the last 2 years, according to the report of the International Monetary Fund.

The experts said that this macroeconomic indicator is expected to reach 11.5 percent in 2015, the Neutral Turkmenistan newspaper reported. "It is noteworthy that this figure is the highest among the countries presented in the review of the IMF," the article said.

These data were mentioned in the report of the IMF mission Chief Bjorn Rother in Ashgabat. He was taking part in a conference on monetary reforms, competitiveness and the economic growth issues at this stage. The IMF representative referred to the fund data, published in the Review of World Economics collection of statistical data.

Earlier, the ministry of economy of Turkmenistan reported that Turkmen GDP grew by 10.3 percent for Jan.-Sept. 2014.

Turkmenistan holds one of key positions in the region for the supply of natural gas, which is imported by Russia, China, and Iran.

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