Turkmenistan’s economy is expected to grow by 6.3% in both 2026 and 2027, according to the European Bank for Reconstruction and Development (EBRD) in its June Regional Economic Prospects report.

The bank estimated that Turkmenistan’s economy expanded by 6.3% year-on-year in the first quarter of 2026. Growth was driven by strong performance in the oil and gas sector, which exceeded planned production and processing targets, as well as a 2.4% increase in industrial output. The construction sector continued to expand, supported by substantial government investment and the implementation of major infrastructure projects.

The EBRD also noted that economic activity is expected to receive additional support in the medium term from the launch of the fourth phase of development at the Galkynysh gas field. According to the bank’s analysts, increased investment activity and the further expansion of the field could contribute to sustained economic growth.

Founded in 1991 by 40 countries and two international organizations, the EBRD currently operates in 34 countries. The bank began its activities in Turkmenistan in 1992 and focuses on promoting financial resilience, private sector development and stronger business ties.

Источник: business.com.tm