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Profitable part of Turkmen state budget overfulfilled

Profitable part of Turkmen state budget overfulfilled

SOFAZ budget revenues reach AZN 9 410.2 million in 2016 (14 February 2017 13:46)
SOCAR’s budget payments for January 2017 (10 February 2017 11:46)

Date: 8 December 2015 13:52

Ashgabat, Turkmenistan, Dec. 8

By Huseyn Hasanov– Trend:

On the results of January-November 2015, the state budget revenues of Turkmenistan have been fulfilled at 100.1 percent, while the expenditures - at 85.1 percent, said the message of the Ministry of Finance of Turkmenistan.

The state budget revenues of Turkmenistan for 2015 approved by the Majlis (Parliament) are projected at 102.800,8 billion Turkmen manats, while expenses – at 106.200,8 billion Turkmen manats.

Since January 1, 2015 the official exchange rate in Turkmenistan remains at 3.50 Turkmen manats to the US dollar.

Turkmenistan holds one of the key positions in the region on the natural gas supplies. Russia, China and Iran are gas importers.

The revenue part of the budget of the country is mainly formed due to such sectors of the industry as oil and gas, chemical, electric power industry, construction.

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