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Turkmenistan

Capital: Ashgabat; GDP growth (annual %) 2016 : 6.2%;

Higher earning Why a university degree is worth more in some countries than others

A university education may expand your mind. It will as well fatten your wallet. Data from the OECD, a club of rich nations, show that graduates can expect far better lifetime earnings than those without a degree.

The size of this premium varies. It is greatest in Ireland, which has a high GDP per chief and rising inequality. Since 2000 the unemployment rate for under-35s has swelled to 8% for those with degrees – but to additional than 20% for those without, and nearly 40% for secondary school drop-outs. The country’s wealth presently goes disproportionately to workers with letters next their names.
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Central Asian countries, EU to mull issues of co-op

Uzbekistan’s delegation led by the country’s Foreign Minister Abdulaziz Kamilov will participate in the interregional ministerial conference “Central Asia-European Union” and in the international conference on Afghanistan, the Uzbek Foreign Ministry’s press service said on October 4.

The conference will be held on October 4-5 in Belgium’s capital.

During the visit, the Uzbek delegation is going to hold negotiations with officials of the European Union (EU).

The strategy of cooperation in the “Central Asia-European Union” format was approved in 2007.
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Central Asian countries, EU eye economic development

Foreign ministers of the five Central Asian nations and the EU discussed the national and prospects of cooperation with a focus on various aspects of economic development, the press service of the Uzbek Foreign Ministry reported.

The ministerial conference “Central Asia-European Union” was held Oct. 4 in Brussels.

Foreign ministers of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan took part in the conference.
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Key Facts: Full name : Turkmenistan
Population: 5.2 million (UN, 2010)
Area: 488,100 sq km (188,456 sq miles)
Major language: Turkmen, Russian
Major religion: Islam
Life expectancy: 62 years (men), 70 years (women) (UN)
Monetary unit: 1 Turkmen manat = 100 tenge
Main exports: Oil, gas, textiles, raw cotton
GNI per capita: US $3,420 (World Bank, 2009)
Internet domain: .tm
International dialling code: +993

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IMF with Turkmenistan

Climate change laws around the world
2017/05/14
There has been a 20-fold increase in the number of global climate change laws since 1997, according to the most comprehensive database of relevant policy and legislation.

The database, produced by the Grantham Research Institute on Climate Change and the Environment and the Sabin Center on Climate Change Law, includes more than 1,200 relevant policies across 164 countries, which account for 95% of global greenhouse gas emissions.

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Asia Economic Roundup: July 2016
2016/07/18
Without a doubt Britain’s decision to abandon the European project will be remembered globally as a wake-up call for political elites around the world. It seems the people chose to go against immediate economic interest and accept an extra financial turmoil in order to address deeply seated social and identity issues.

Although Asia’s exposure to the UK is relatively limited and this is not exactly a “Lehman Moment”, nonetheless we can expect a lively debate as policymakers in Asia look for an appropriate response to address the needs of vulnerable households.

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Country Report Turkmenistan 2013
2013/08/10

The country (Turkmenistan) is located in Central Asia and is bordering the Caspian Sea, between Iran and Kazakhstan. It has borders with Afghanistan for 744km, Iran for 992km, Kazakhstan for 379km and Uzbekistan for 1 621 km.

The Land in Turkmenistan is flat-to-rolling sandy desert with dunes rising to mountains in the south with low mountains along border with Iran and it has borders with Caspian Sea in west. Turkmen land covers an area of 488 100 km².

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IMF Executive Board Concludes 2013 Article IV Consultation with Turkmenistan
2013/08/10
On July 30, 2013, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Turkmenistan and considered and endorsed the staff appraisal on a lapse of time basis

With Turkmenistan commanding the world’s fourth major proven reserves of natural gas, large hydrocarbon exports have produced strong economic increase over the completed decade. Output increase averaged 12 % and GDP per capita additional than tripled in the last 10 years to reach the upper-middle-gain economy level. Economic increase has been based on hydrocarbon sector and national-led investment .

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