Economic Development

USAID supports Turkmenistan in strengthening economic reforms by helping key institutions improve their ability to develop and manage economic policies that promote steady growth.  USAID provides assistance to enhance sustainable institutional capacity for fiscal management, including fiscal decentralization, and for regulatory oversight that provides the foundation for competitive private sector development and stimulates investment.  In agriculture, USAID works in livestock and horticulture development, with the goal of increasing incomes of livestock owners and fruit and vegetable producers.  USAID is beginning work with the national governments in Central Asia (including Turkmenistan), transmission-system operators, industry associations, and regional power-sector bodies to establish an institutionalized and treaty-based regime for cooperation and trade in electric power.  USAID provides opportunities for young people in Turkmenistan to acquire practical skills in economics and entrepreneurship that help them to improve their quality of life and foster economic and social development in their country.