Turkmenistan: Berdimuhamedov's Grip Tightens, But Economic Woes Linger

Bengali Vogue

13 May, 2024

Turkmenistan: Berdimuhamedov's Grip Tightens, But Economic Woes Linger

Turkmenistan, a Central Asian nation known for its vast gas reserves and eccentric leadership, finds itself at a crossroads. President Serdar Berdimuhamedov, who assumed power in March 2022 after the tightly-controlled election following his father's long rule, has solidified his hold on the government. However, economic woes and a stifling political environment continue to cast a shadow.

Consolidation of Power

President Berdimuhamedov has wasted no time in consolidating his grip on power. He has further empowered his son, Serdar Berdimuhamedov Jr., who now holds a key position overseeing the country's digitalization efforts, a crucial sector for economic diversification. Additionally, the recent creation of a new upper house of parliament, the Halk Maslahaty, has been seen by some as a way to further centralize control.

Economic Concerns

Despite the outward image of prosperity projected by the government, Turkmenistan faces significant economic challenges. The global decline in natural gas prices, the country's main export, has strained the state budget. Additionally, the lingering effects of the COVID-19 pandemic have dampened foreign investment and disrupted vital trade routes.

Discontent Under the Surface

While Turkmenistan maintains a tight control on information and dissent, there are rumblings of discontent beneath the surface. Reports of job cuts, rising prices for basic goods, and a growing black market suggest a population struggling with economic hardship. The government's continued focus on vanity projects and its reluctance to embrace meaningful economic reforms do little to quell these anxieties.

Foreign Policy Balancing Act

Turkmenistan has traditionally pursued a policy of neutrality in international relations. However, the ongoing war in Ukraine has forced the country to navigate a delicate diplomatic tightrope. While maintaining its neutral stance, Turkmenistan has also sought to strengthen its ties with both Russia and China, key trade partners and potential sources of investment.

A Look Ahead

The future of Turkmenistan remains uncertain. President Berdimuhamedov appears firmly in control, but his ability to address the country's economic woes will be crucial.

Unanswered Questions

Several key questions hang over Turkmenistan's future. Will the government loosen its grip on the economy and allow for more private sector activity? How will Turkmenistan navigate the geopolitical landscape shaped by the war in Ukraine? And perhaps most importantly, will the growing economic discontent translate into any form of political challenge to President Berdimuhamedov's regime?

Only time will tell how Turkmenistan will weather these challenges. However, one thing is certain: the next few years will be critical in shaping the country's future.