Turkmenistan State Budget Records Increase In Revenue
Date
7/20/2023 7:18:41 PM
(MENAFN- Trend News Agency) ASHGABAT, Turkmenistan, July 21. The revenue
part of the state budget of Turkmenistan was fulfilled at the level
of 113.1 percent, and the expenditure part - by 97.6 percent from
January through June 2023, trend reports.
This was stated by the Minister of Finance and Economy of
Turkmenistan Serdar Jorayev at an expanded meeting of the Cabinet
of Ministers held on July 14, 2023.
Furthermore, according to him, the revenue part of the local
budget is executed at the level of 100.6 percent, and the
expenditure – 98.2 percent.
Jorayev noted that 54 meetings of balance commissions were held
in the first half of this year, including 42 regional ones, during
which the results of financial and economic activities of
ministries, sectoral departments and institutions accountable to
them were reviewed, an analysis of their use of production
capacities and development of investments, their financial and
economic indicators were carried out.
Considerable funds are being allocated towards the establishment
of advanced industrial infrastructure in Turkmenistan. These
investments play a pivotal role in fostering comprehensive regional
development and driving economic prosperity throughout the entire
nation.
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