A Model of Digital Economy

3 March 2023

The development of high-tech and efficient industries in Turkmenistan is a priority of the socioeconomic policy of President Serdar Berdimuhamedov, since such development is essential for achieving the economic and social goals. These tasks are being fulfilled in the framework of the Conception of Digital Economy Development of Turkmenistan for 2019–2025 and the State Programme for Digital Economy Development for 2021–2025, ensuring the all-round prosperity of our country.

The 21st century is the age of innovations. It is marked by their rapid growth – they have become an integral part of life, helping people solve problems and fully recognised as the foundation for global sustainable economic development. Digital transformation is taking place in nearly all sectors of the world economy – manufacturing, finance, services, education, infrastructure and the social sphere, among others. The main tools to enable digital transformation are the creation of the IT sector, the development of innovative methods and cybersecurity. This transition to a brand new economy is done by automating all processes of data processing. The Internet of things, big data, artificial intelligence, monitoring systems, blockchain, neural networks, 3D modelling, virtual reality, cloud computing and many other tools contribute to the integration of all data flows to create an information society. This “combined team” is an effective lever for the development of a competitive economic system.

Dovletmurad ORAZKULIYEV,
NT. Collage: Vyacheslav SAHAROV
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