Since the 2020 worldwide outbreak, Turkmenistan has remained one of five countries – along with North Korea and three Pacific island states – to report no COVID cases.

Discussions underway since January had focused on guaranteeing central bank independence, uprooting corruption, overhauling the judicial system and also ensuring standard corporate governance.

Fitch Ratings confirmed the long-term issuer default ratings (IDRs) of PrivatBank at “B” with a positive outlook. The stability rating was confirmed at “B”.

Over 90 percent of the impoverished Central Asian country's surface area is covered by mountains and its transportation system mainly relies on roads.