Breaking News

Asia Today ISSN 1861-4604 Monday, October 15, 2018


Turkmenistan's state budget revenue hits 18% more than projected

Main financial plan hit 118.2 percent

Share on Facebook September 15, 2014, Reporter : Trend, Reader : 599


Ashgabat, Turkmenistan, Sept.14, By Huseyn Hasanov– Trend:As of January-August 2014, the revenue part of the country's main financial plan hit 118.2 percent, while expenses were 96.9 percent, the Turkmen Ministry of Finance said.
"Investments in the country's economy increased by 8.3 percent in comparison with the same period last year," the report said.
Prices for consumer goods and for services rendered to the population remained unchanged within the established limits, according to the published data.
Results on 8 months have been announced at the last meeting of the Cabinet of ministers.
Turkmen president Gurbanguly Berdimuhamedov said that strong macroeconomic indicators show steady growth of the national economy and pointed to the need of further improvement of the work of the financial and banking sector, according to the government's report.
The incomes hit 94.129.1 billion Turkmen manats, and expenses - 97.829.1 billion Turkmen manats in the Turkmen state budget for 2014 approved by the parliament.
The official rate of Turkmen manat to USD remains at 2.85.
The profitable part in the Turkmen state budget is formed by such sectors as oil and gas, chemical, power engineering and construction. The budget envisages the ongoing development of agro-industrial complex, transport, communication, textile and food sectors.
The revenues are expected to grow at the expense of further development and support for the activity of non-state enterprises.

More Euro Asia news of the month

Photos Ashgabat to host next meeting of Japanese, Central Asian FMs

Ashgabat, Turkmenistan, Apr. 27 By Huseyn Hasanov – Trend: Japan’s Prime Minister Shinzo Abe has expressed hope for further...

Photos Saudi Arabia, Turkmenistan have strong relations

Ashgabat, Turkmenistan, April 26  By Huseyn Hasanov - Trend King of Saudi Arabia Salman bin Abdulaziz Al Saud sent a letter to...

Photos Turkmenistan building big gas & chemical complex

Ashgabat, Turkmenistan, Jan. 2 By Huseyn Hasanov – Trend: Ninety percent of the work has been completed at the polyethylene...

Photos Turkmen presidential election - primary issue in 2017

Ashgabat, Turkmenistan, Jan. 1 By Huseyn Hasanov – Trend: The year 2017 will be marked by major historical events, among which...

Photos Turkmenistan sees Germany among its leading partners

Ashgabat, Turkmenistan, Dec. 1 By Huseyn Hasanov – Trend: Turkmenistan sees Germany as one of its leading partners, said Turkmen...

Photos Foreign investments in Turkmen economy increase

Ashgabat, Turkmenistan, Nov. 13 By Huseyn Hasanov – Trend: International experts say that investment attractiveness of...

Photos Turkmenistan ready to expand economic partnership with China

Ashgabat, Turkmenistan, July 5 By Huseyn Hasanov – Trend: Turkmenistan’s President Gurbanguly Berdimuhamedov has proposed to...

Photos UN to hold Global Conference on Sustainable Transportation in Ashgabat

Ashgabat, Turkmenistan, June 11 By Huseyn Hasanov- Trend: Turkmenistan is preparing to host the first UN Global Conference on...

Photos Turkmenistan offers joint energy projects to Saudi Arabia

Ashgabat, Turkmenistan, March 25 By Huseyn Hasanov – Trend: During the meeting with Saudi Arabia’s Minister of Commerce and...

Flying Reimagined

Stock Index

Monday, October 15, 2018

Life Style

Photo Gallery