The Country Classification of Turkmenistan

Institutional Document | September 2002
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Turkmenistan became a member of the Asian Development Bank (ADB) in August 2000. In accordance with ADB policy, new member countries should normally be classified to determine their eligibility for ordinary capital resources (OCR) and the Asian Development Fund (ADF), as well as the applicable cost-sharing limits and domestic preference scheme.

Turkmenistan became a member of the Asian Development Bank (ADB) in August 2000. In accordance with ADB policy, new member countries should normally be classified to determine their eligibility for ordinary capital resources (OCR) and the Asian Development Fund (ADF), as well as the applicable cost-sharing limits and domestic preference scheme. While lending operations would be very limited on the basis of the Economic Report and Interim Operational Strategy for Turkmenistan discussed by the Board of Directors on 4 June 2002, the country classification is immediately necessary with regard to TA operations. This paper discusses the economic and social conditions in Turkmenistan and makes a recommendation for classification of Turkmenistan in ADB.

Contents

  • Introduction
  • ADB's Classification Policy
  • Profile of Turkmenistan, Key Economic Factors, and Economic Outlook
  • Classification Criteria
  • Conclusion
  • Recommendation
  • Appendixes

Additional Details

Series
Subjects
  • ADB administration and governance
Countries
  • Turkmenistan

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