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WB forecasts Turkmen GDP growth in 2016

WB forecasts Turkmen GDP growth in 2016

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Date: 8 January 2016 15:47

Ashgabat, Turkmenistan, Jan. 7

By Huseyn Hasanov– Trend:

Turkmen GDP growth will amount to 8.9 percent in 2016 against 8.5 percent in 2015, according to the World Bank forecasts.

This forecast is published in the "Global Economic Prospects" annual report of the bank.

Earlier, the Ministry of Economy and Development of Turkmenistan reported that Turkmenistan maintains GDP growth at a high level - in January-November 2015, this figure was 7.1 percent.

Turkmenistan ranks fourth in the world on natural gas reserves, selling it to China and Iran, according to BP.

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