Ï IMF: Turkmenistan a world leader in GDP growth rate
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IMF: Turkmenistan a world leader in GDP growth rate

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The two-day conference on the Monetary Reforms, Competitiveness and Economic Growth in the Epoch of Might and Happiness started its work at the Yyldyz Hotel in the Turkmen capital.

The forum that is dedicated to the 21st anniversary of the introduction of the national currency – manat brought together the heads and specialists of the International Monetary Fund, the World Bank, the European Bank for Reconstruction and Development, the European Commission, the Bank Association of the Turkish Republic, the Erste Bank Hungary, Deutsche Bank AG. Among the delegates to the conference are the heads of such famous companies as De La Ruу and Royal Mint.


The heads and specialists of the state and joint-stock commercial banks, ministries and departments, teachers of the institutions of higher education represented Turkmenistan at the forum.

The forum agenda focused on the important issues of the further development of the national baking system, the global and regional economic prospects and their influence on the economic growth of Turkmenistan.

Those speaking during the forum underlined the significance of the large-scale progressive changes that are successfully implemented in all spheres of life of the state and society. A vivid illustration of the success of the ongoing reforms is the high evaluation and optimistic forecast for Turkmenistan’s economic growth made by experts of the world’s authoritative financial structures, in particular the International Monetary Fund and the World Bank.


The Head of the IMF Mission highly evaluated the level of the economic status of our country and emphasized on the success of the strategy of Turkmenistan’s development under the leadership of President Gurbanguly Berdimuhamedov. The IMF representative noted that in accordance with the information provided by the International Monetary Fund, Turkmenistan had maintained the stable GDP growth of 10 percent within the last two years. According to the expert, the IMF predicts positive growth prospects – 11.5 percent by 2015.