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Turkmenistan - Country engagement note for the period FY2016-17 (English)

This country engagement note (CEN), one of the first to be prepared under the World Bank Group’s (WBG) July 1, 2014 directive for country engagement, is as follows. First, it reflects the process underway since 2012 of renewed, albeit modest, WBG engagement in Turkmenistan - a country where its involvement hitherto has been limited and where prospects for a more comprehensive medium-term program remain uncertain. Second, the knowledge-based program outlined in this CEN represents the government’s preferred vehicle for extending - and gradually expanding and intensifying - its dialogue and relationship with the WBG. Third, this CEN ensures that the WBG’s continued engagement in Turkmenistan, despite its still limited, short-term focus, is publicly accessible and transparent to all stakeholders concerned. Recent developments at the global and regional levels have created a more difficult external environment for Turkmenistan’s economy and provide a window of opportunity for the authorities to accelerate the pace of reforms. The knowledge-based program outlined in this CEN continues support for Turkmenistan’s growing integration into the international economy and its gradual transition to a more market-based economy.


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    Country Engagement Note

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  • Region

    Europe and Central Asia,

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  • Doc Name

    Turkmenistan - Country engagement note for the period FY2016-17

  • Keywords

    agricultural research in dry area;constraints in terms of data;multilateral investment guarantee agency;access to clean drinking water;terrorist financing;vulnerability to climate change;Primary and Secondary Education;bank regulation and supervision;access to potable water;united nations general assembly;impact of climate change;European Bank for Reconstruction;real exchange rate appreciation;Upper Middle Income Countries;Land and Water Resources;efficient allocation of resource;deteriorating terms of trade;quality of public spending;management of water resource;international good practice;financial sector development;natural gas export;managing natural resources;foreign direct investment;quality and relevance;public investment management;status of woman;difficult external environment;rate of growth;public sector wage;current account deficit;basic social service;reimbursable advisory services;international oil price;support privatization;civil service capacity;Water Resource Management;targeted social assistance;public investment program;living standard measurement;banking system;international standard;improvement in governance;sustainable farming practice;opportunities for education;choice of profession;abundant natural resource;international commodity price;increase energy efficiency;greenhouse gas emission;higher educational institution;implementation of reform;availability of textbook;pace of increase;creation of institution;welfare of children;medium term plan;internationally comparable data;capital intensive nature;natural gas reserves;oil price decline;women in education;private sector institutions;vegetable and fruit;primary school enrolment;violence against woman;Public Finance Management;Public Sector Governance;public service delivery;risk and vulnerability;government's privatization program;water management system;multilateral development bank;credit reporting system;access to information;joint stock company;privatization of enterprise;private sector involvement;high priority corridor;national action plan;investment climate reform;public procurement law;corporate governance reform;shared prosperity goal;Climate Change Policy;high growth rate;improved living standard;climate change strategy;banking system stability;capital market development;financial sector reform;private sector job;child with disability;household survey data;inequality in health;role of bank;banking supervision framework;piped water supply;Water and Land;rate of investment;natural gas import;consumer price index;oil price fluctuation;price of gas;average wage;Macroeconomic Statistics;welfare measurement;human capital;development partner;international obligation;Program of Activities;macroeconomic model;agricultural production;enhancing competitiveness;comparative advantage;private investment;social indicator;construction material;Agriculture;Exchange Rates;export competitiveness;fiscal balance;Labor Market;international economy;national account;banking sector;total credit;reputational risk;Economic Policy;policy option;fiscal envelope;sectoral analysis;turkmen manat;trading partner;social data;Extractive Industry;irrigation efficiencies;medium-term program;pasture productivity;business environment;macroeconomic indicator;regional cooperation;political profile;security market;reform priorities;international reserve;export proceeds;regional initiative;fiscal surplus;state budget;Gender Equality;income inequality;rural woman;external shock;competitive industry;financial service;subsistence farming;urban population;skill development;insurance sector;payment system;strategic approach;regular school;healthcare services;tax revenue;regional disparity;Electronic Payment;competitive market;insurance contract;accounting framework;global experience;import market;livestock farm;Retail Sector;market force;adverse changes;fiscal difficulties;liquidity pressure;stateowned enterprises;net export;hydrocarbon industry;fiscal revenue;transport equipment



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Turkmenistan - Country engagement note for the period FY2016-17 (English). Washington, D.C. : World Bank Group.