Turkmenistan

Turkmenistan Parliament approves 2013 budget


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The parliament of Turkmenistan yesterday approved the country’s budget for 2013.

The full press release as given by the State News Agency of Turkmenistan (TDH) is as follows:

“The Mejlis of Turkmenistan of the fourth convocation held its sixteenth session. The cabinet ministers, heads of the relevant ministries and departments as well as journalists attended the session.

The meeting agenda focused on the drafts of the Law of Turkmenistan “On the State Budget of Turkmenistan for 2013” and the Resolution of the Mejlis of Turkmenistan “On the execution of the State Budget of Turkmenistan for 2011”.

According to the law in draft the revenues of the State Budget for 2013 makes up 86,335.8 million manat, including the first level budget 15,707.5 million manat that is 18.7 percent more as compare to the budget for 2012. The budget expenditures will make up 89,735.8 million manat, including 19,107.5 million manat of the first level budget that is 29.8 percent more as compare with the budget approved for 2012.

47.4 billion manat will be invested into the industrial, social and cultural spheres of the national economy in 2013.

As in previous years, the proceeds in such core industries of the national economy as the oil and gas, chemical spheres, electric energy and construction will be included into revenues of the State Budget of Turkmenistan. As expected, the agro-industrial complex, transport, communications, textile and food industries will progressively develop. In 2013 the revenues will increase due to the further development and supporting private enterprises and creating favorable conditions for developing the social sphere.

The contribution to implementation of strategic programmes and large-scale projects initiated by President Gurbanguly Berdimuhamedov, including construction of new facilities at the Avaza National tourist zone, new social and cultural, industrial, transport and communications facilities in the Turkmen capital and the regions of the country will significantly increase.

Next year the budgetary expenditures will increase up to 42 percent and will make up 9.1 billion manat.

As compare with the last year, the funds invested to education will be increased up to 15.7 percent, healthcare – 10.8 percent, culture – 22.6 percent. Financing of sports events will be increased 1.9 times as compare to the year of 2012.

Moreover, in 2013 the rates of wages and welfare payments will be increased by 10 percent, and pensions by 15 percent.

Underlining the significance of this important financial document in the context of successful implementation of the social and economic strategy of the Turkmen state, the national parliamentarians approved the draft of the Law of Turkmenistan “On the State Budget of Turkmenistan for 2013” and voted unanimously for adoption of the law.

The deputies of the Mejlis also approved and unanimously passed the drafts of Laws “On approving and enforcing the Code of Turkmenistan on the social protection of population”, “On standardization”, “On preservation of the national historical and cultural heritage”.”

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