ASHGABAT, Turkmenistan, April 22. Turkmenistan
discussed prospects for expanding economic cooperation with the
World Bank during the Group's meetings, Trend reports via the Embassy of Turkmenistan
in the U.S.
As part of the event, the Turkmen delegation held a series of
bilateral meetings aimed at strengthening international economic
engagement.
In particular, discussions were held with World Bank Vice
President for Europe and Central Asia Antonella Bassani. The
parties reviewed priority areas in which the World Bank Group could
further support Turkmenistan’s national development agenda and
socio-economic progress.
The talks underscored the expanding partnership between
Turkmenistan and the World Bank, as well as mutual interest in
deepening cooperation across key sectors.
On January 23, 2026, the President of Turkmenistan, Serdar
Berdimuhamedov, approved the country’s socio-economic development
and investment program for the year.
The program outlines a set of measures aimed at ensuring
macroeconomic stability, sustaining GDP growth, and diversifying
the national economy. It also emphasizes strengthening
Turkmenistan’s economic potential, with particular focus on the
comprehensive development of industries, enhancement of industrial
and innovative capacities, and optimal utilization of production
facilities.
The program also envisions the progressive development of small
and medium-sized enterprises (SMEs) through the creation of a more
favorable business environment and improvements to public-private
partnership legislation. Furthermore, it includes the
intensification of investment policies aimed at financing the
construction of both production and social infrastructure,
launching new enterprises, and creating jobs across various
regions.
