Turkmenistan

IDB to provide a loan of $ 700 million to finance the Turkmen section of the TAPI gas pipeline

Ashgabat, October 14 — The Islamic Development Bank will provide a $ 700 million loan for the construction of a TAPI segment in Turkmenistan. This agreement was signed in Washington during the autumn session of the International Monetary Fund and the World Bank. The State Bank for Foreign Economic Affairs spoke on behalf of the Government of Turkmenistan.

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