Turkmenistan: Recent Economic Developments
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
This paper reviews economic developments in Turkmenistan during 1996–99. Inflation is an issue in Turkmenistan. The trend decline that started in mid-1996 came to a halt in late 1998 and inflation continued to increase in 1999. By mid-1999, 12-month inflation had increased to 25 percent. Owing to payment problems, gas exports to Ukraine were discontinued in early 1997, resulting in a sharp decline in real GDP in that year. In 1998, gas exports did not resume, other than small deliveries to Iran through a new pipeline that had become operational at end-1997.
Series:
Country Report No. 1999/140
Subject:
Banking Commercial banks Commodities Currencies Exports Financial institutions Foreign exchange International trade Money Oil
English
Publication Date:
December 10, 1999
ISBN/ISSN:
9781451837247/1934-7685
Stock No:
1TKMEA0011999
Pages:
130
Please address any questions about this title to publications@imf.org