Economy Measure Code Measure Currency Code Amount (Local) Amount (USD) Source Details
Turkmenistan 01 01 - Liquidity Support TMT
Turkmenistan 01A 01A - Short-term lending TMT IMF. (accessed 3 September 2020).

No amount/estimate: The Government has announced that they would provide concessional loans to businesses affected by the COVID containment measures.

Turkmenistan 01B 01B - Support policies for short-term lending TMT
Turkmenistan 01C 01C - Forex operations TMT IMF. (accessed 7 May 2020).

No amount/estimate: Exchange restrictions on current international payments and transactions for private businesses reportedly have been tightened.

Turkmenistan 02 02 - Credit creation TMT
Turkmenistan 02A 02A - Financial sector lending/funding TMT
Turkmenistan 02B 02B - Support policies for long-term lending TMT
Turkmenistan 02B1 02B1 - Interest rate adjustments TMT
Turkmenistan 02B2 02B2 - Other policies to support long-term lending TMT
Turkmenistan 02C 02C - Loan guarantees TMT
Turkmenistan 03 03 - Direct long-term lending TMT
Turkmenistan 03A 03A - Long-term lending TMT
Turkmenistan 03B 03B - Forbearance TMT
Turkmenistan 04 04 - Equity support TMT
Turkmenistan 05 05 - Health and income support TMT
Turkmenistan 05A 05A - Health support TMT IMF. (accessed 11 November 2020).

(i) No amount/estimate: The Government announced that a bonus salary of 20%, 15%, and 10% will be given to healthcare professionals working in the remote rural facilities, frontline facilities, and other rural facilities, respectively.

Turkmenistan 05B 05B - Income support TMT
Turkmenistan 05B1 05B1 - Tax and contribution deferrals and policy changes TMT
Turkmenistan 05B2 05B2 - Tax and contribution rates reduction TMT
Turkmenistan 05B3 05B3 - Subsidies to individuals and households TMT
Turkmenistan 05B4 05B4 - Subsidies to businesses TMT
Turkmenistan 05B5 05B5 - Indirect income support TMT
Turkmenistan 05B6 05B6 - No breakdown (income support) TMT
Turkmenistan 05C 05C - No breakdown (health and income support) TMT
Turkmenistan 06 06 - Budget reallocation TMT
Turkmenistan 07 07 - Central bank financing government TMT
Turkmenistan 07A 07A - Direct lending and reserve drawdown TMT
Turkmenistan 07B 07B - Secondary purchase: government securities TMT
Turkmenistan 08 08 - International Assistance Received TMT 7,700,000 2,200,000
Turkmenistan 08A 08A - Swaps TMT
Turkmenistan 08B 08B - International loans/grants TMT 7,700,000 2,200,000
Turkmenistan 08B1 08B1 - Asian Development Bank TMT 4,480,000 1,280,000 ADB. Table A1.4 Asia Pacific Disaster Response Fund and Technical Assistance, Table A1.5: Country Support under TA 9950-REG: Regional Support to Address the Outbreak of COVID-19 and Potential Outbreaks of Other Communicable Diseases (all accessed as of 5 February 2021).

(i) USD0.50 million allocation for TA9950-REG: Regional Support to Address the Outbreak of Coronavirus Disease 2019 and Potential Outbreaks of Other Communicable Diseases. As of 30 January 2021, this has been increased to USD1 million estimated support [update]; (ii) 3 June 2020, USD0.07 million announced by the ADB as part of the program: Developing a Disaster Risk Transfer Facility in the Central Asia Regional Economic Cooperation Region (additional financing); (iii) 13 July 2020, USD0.13 million funding from the ADB as part of the regional program: Addressing Health Threats in the Central, West and East Asia Region; (iv) 18 November 2020, USD0.05 million under the regional project: Supporting Startup Ecosystem in the Central Asia Regional Economic Cooperation Region to Mitigate Impact of COVID-19 and Support Economic Revival; (v) 26 November 2020, USD0.03 million (TASF) Addressing Health Threats in the Central, West and East Asia Region (Additional Financing).

Turkmenistan 08B2 08B2 - Other TMT 3,220,000 920,000 USAID. (accessed 26 May 2020).

USD0.92 million in health assistance to Turkmenistan to prepare laboratory systems, activate case-finding, support technical experts, among others, from the U.S. Agency for International Development (USAID).

Turkmenistan 09 09 - International Assistance Provided TMT 3,500,000 1,000,000
Turkmenistan 09A 09A - Swaps TMT
Turkmenistan 09B 09B - International loans/grants TMT 3,500,000 1,000,000 AKI Press.$1_million_to_Russia/ (accessed 5 November 2020).

3 November 2020, USD1 million in humanitarian aid (including food, oil products and other goods) to Russia In the context of the coronavirus pandemic.

Turkmenistan 10 10 - No breakdown TMT IMF. (accessed 7 May 2020).

No amount/estimate: State budget spending is being revised, including to increase health spending for preventing an outbreak of COVID-19 and to provide support to businesses affected by the containment measures.

Turkmenistan 11 11 - Other Economic Measures TMT IMF. (accessed 7 May 2020).

(i) A special regime has been established for the implementation of essential and high-priority imports and projects, which covers foreign currency rationing and transportation arrangements; (ii) The President has approved the list of goods subject to customs duties and the magnitude of such duties. Custom duties on selected goods have been raised to protect domestic suppliers; (iii) 22 May 2020, the president signed a decree on the establishment of the Reserve Currency Fund, with the Central Bank of Turkmenistan as the holder. The Fund will accumulate currency earnings of the ministries, industry departments, their subordinate enterprises, institutions, and all legal entities with public shareholding.

Turkmenistan 12 12 - Non-Economic Measures TMT
Turkmenistan 12A 12A - Measures affecting travel and transport (local and international) TMT IMF. (accessed 21 January 2021).

(i) The authorities have adopted a wide range of measures to prevent a COVID-19 outbreak in the country, including closure of borders, flight cancellations and rerouting, and mandatory COVID-19 testing for arriving travelers; (ii) The authorities have imposed restrictions on internal movement, closed roads between some provinces, and stopped rail transportation; (iii) Starting from 24 March 2020, only Turkmen freight carriers are allowed to transport cargo in Turkmenistan; (iv) 30 December 2020, restrictions on domestic and international travel were extended until at least 31 January 2021. Further, a requirement was introduced that all outbound travelers have a signed negative COVID-19 test result within the previous 24 hours.

Turkmenistan 12B 12B - Measures affecting business and workplace TMT IMF. (accessed 11 November 2020).

(i) Starting 24 March 2020, all sports events have been cancelled. Gyms and sports clubs have been shut down in Ashgabat.

Turkmenistan 12C 12C - Others TMT IMF. (accessed 11 November 2020).

(i) The authorities have stepped up efforts to digitalize government services, expand e-commerce, and facilitate online and phone payments by SMEs and SOEs through banks; (ii) A commission has been set up for the purchase of essential supplies, medicines, construction equipment, etc.; (iii) As of the first week of November 2020, Turkmenistan has been working with UN agencies to develop a third national plan that covers the humanitarian component of the country's measures to combat COVID-19.