Turkmenistan : Recent Economic Developments

Author/Editor:

International Monetary Fund

Publication Date:

December 10, 1999

Electronic Access:

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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. 99/140

Subject:

English

Publication Date:

December 10, 1999

ISBN/ISSN:

9781451837247/1934-7685

Stock No:

1TKMEA0011999

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

130

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