Home
\
Politics
\
Mejlis of Turkmenistan adopts 2021 State Budget
Politics
Mejlis of Turkmenistan adopts 2021 State Budget
Published 24.10.2020
2668

A number of draft laws were discussed during the 12th meeting of the Mejlis of the sixth convocation. Deputy Chairmen of the Cabinet of Ministers of Turkmenistan, heads of ministries and departments, representatives of the media were invited to participate in the meeting. One of the main issues on the agenda was the consideration of the draft Law ""On the State Budget of Turkmenistan for 2021"", as well as the draft Resolution ""On the execution of the State Budget of Turkmenistan for 2019"". The Law ""On the State Budget of Turkmenistan for 202"" is to determine the dynamics of development of the country, is aimed, first of all, at maintaining sustainable rates of economic growth, ensuring high efficiency of government spending, and in general - at improving the well-being of people. The draft State Budget for 2021 provides that over 70% of funds will be invested into the development of the social sphere, in particular, education, health care, culture, the state social security system, housing and communal services, and public services. In 2021, it is envisaged to allocate certain amounts of capital investments for the construction of housing and industrial and socio-cultural facilities. The protected items of expenditure of the State Budget of Turkmenistan for 2021 are wages, pensions, allowances, scholarships for students, which are planned to be increased by 10%. The indicators of local budgets provided for in the draft state budget for the coming year were presented during the meeting. As reported, in 2021 it is planned to take measures to support small and medium-sized businesses, increase the volume of domestic production, and ensure food abundance in domestic markets. According to the deputies, who voted unanimously for the adoption of the Law ""On the State Budget of Turkmenistan for 2021"", this document is based on a competent calculation, backed up by resource potential and, undoubtedly, will serve the interests of the people of the country. The Resolution of the Mejlis ""On the execution of the State budget of Turkmenistan for 2019"" was also unanimously adopted.

Last news
29.04
Turkmen-Chinese Business Forum Held in the Capital
29.04
The President of Turkmenistan received the Minister of Foreign Affairs and Diaspora of the Republic of Seychelles
28.04
The Turkmen-Chinese business forum and exhibition held in the capital
28.04
The Ambassador Extraordinary and Plenipotentiary of the Arab Republic of Egypt has been accredited to Turkmenistan
27.04
President of Turkmenistan held an online working meeting
27.04
The total amount of transactions at the SCRMET auctions amounted to over 20 million 32 thousand USA dollars
25.04
President of Turkmenistan took part in festivities on the occasion of the national holiday of the Turkmen horse
25.04
The President of Turkmenistan signed the Order
24.04
The meeting of the Cabinet of Ministers of Turkmenistan
24.04
Decree of the President of Turkmenistan on Bayramov B.A.
top-arrow