Turkmenistan

Top 10 Countries By Proven Natural Gas Reserves

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While I was waiting for a draft resolution from a natural gas distributing company listed on the stock market which shares I own, I decided to learn more about the topic - Natural gas, and one of the really interesting subjects to explore - Natural Gas Reserves by country. But before getting straight to the numbers, let's find out more about Natural gas: Why it's important and what you need to know As the world looks to diversify its energy mix one source, natural gas, is becoming…


Minimum Wages in Central Asian Countries 2017

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When speaking about Central Asian countries, I'm referring to the five former Soviet Union member states - Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan. The total population of these countries is about 70 million. Recommended reading: Population changes in the former Soviet Union, also see: Minimum wages in Central Asia 2013 As it has been already 4 years since my latest article about minimum wages in Central Asian countries, I decided to take a fresh look and compare. 4…


Minimum Wages in the Former Soviet Union: A Look at 2013

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The former Soviet Union was a vast region that encompassed a number of countries with distinct cultures, economies, and political systems. In 2013, the region was still recovering from the economic and political upheavals of the previous decades, and minimum wages varied widely across the countries that made up the former Soviet Union. Previously I have already measured and compared minimum wages in Baltic states, Caucasus and Central Asia. All of these once were a part of the Soviet Union.…


Minimum Wages in Central Asia: A Look at the Region's Low Wage Rates

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Central Asia is a region that consists of five countries: Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan. The region has a diverse economy, with industries ranging from agriculture to oil and gas production. However, the issue of minimum wage is one that affects workers across all sectors. Minimum wages in Central Asia vary from country to country. In Kazakhstan, the current minimum wage is 42,500 tenge per month, which is roughly equivalent to $99 USD. In Kyrgyzstan, the…


IMF Predicts 12.4% Economic Growth for Turkmenistan in 2013

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Turkmenistan is a country that has managed to defy the odds and experience steady economic growth, even during the global financial crisis of 2009. The country is renowned for having the fourth largest natural gas reserves in the world and is a member of the Commonwealth of Independent States (CIS). According to data from the International Monetary Fund (IMF), Turkmenistan’s economy is projected to grow by 12.4% in 2013 and 10.4% in 2014. This growth is not limited to Turkmenistan as…