Turkic States Economic Outlook for the First Half of 2024: Growth, Trade, and Investment Trends
The Turkish Economic Review for the first half of 2024 analyzes key economic trends within the Turkic States Organization (TSO), highlighting growth in GDP, industrial production, agriculture, and investments. With a collective GDP of $900.4 billion, the region outpaced global growth, led by Turkey’s robust performance. The report covers positive trends in trade, with Turkic states accounting for 3.18% of global trade turnover, and substantial investment inflows, particularly in Kyrgyzstan and Uzbekistan. The report also discusses fiscal policies, with varying approaches to budget revenues and expenditures across the region, showcasing the diverse economic strategies within TSO member states.
Op-eds
Ilkin Gasimov
Chief advisor of the Economic analysis division
New Financial Model for Resource Allocation in General Education
Baghish Ahmadov
Advisor to the Executive director of the Center for Analysis of Economic Reforms and Communication
Azerbaijan International Investment Forum: Investment Cooperation and National Development Priorities
Abdulrahim Dadashov
Deputy head of the Monitoring and evaluation division
Environmental Responsibility is One of the Key Conditions in the Development of the Mining Industry
Latif Zeynalli
Head of State Programs Division
Development of Competition Will Create New Opportunities for Sustainable Economic Growth
Orkhan Sadigov
Head of the Monitoring and evaluation division
A New Approach to Managing Off-Budget Funds Will Strengthen Financial Discipline
Elshan Yusifli
Head of the Monitoring of sectoral programs sector
New Changes to Nakhchivan’s State Programme: Export, Logistics and Social Mechanisms Improved
Abdulrahim Dadashov
Deputy head of the Monitoring and evaluation division
New Law Strengthens the Sustainable Development and Digital Monitoring of the Fisheries Sector