Public Debt in Turkmenistan
Turkmenistan - Public DebtThe economy appears to be growing at a healthy clip, with the latest government data showing strong activity in the January–September period buoyed by solid industrial output growth. In October, Gazprom, the Russian state-owned energy company, announced it will resume importing natural gas from Turkmenistan next year after having suspended purchases in 2016 over pricing disputes. Moreover, the estimated costs for building the TAPI pipeline—which will supply Turkmenistan’s gas to India and Pakistan via Afghanistan—have reportedly been significantly reduced and funding nearly secured. Both developments bode well for diversifying the country’s gas sales which, until now, have been entirely directed to China.
Turkmenistan - Public Debt Data
|Public Debt (% of GDP)||20.0||16.8||21.8||24.1||-|
5 years of economic forecasts for more than 30 economic indicators.
Turkmenistan Public Debt Chart
|Exchange Rate||3.50||0.01 %||Dec 11|
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