Ashgabat, Turkmenistan, April 5
By Huseyn Hasanov - Trend:
As of January-March 2015, the profitable part of the Turkmen state budget amounted to 104.4 percent, while expenses - 91.2 percent, the Turkmen finance ministry said.
Some 77.3 percent of the budgetary funds was directed to finance the social sphere.
According to the state budget-2015 approved by the Turkmen parliament, the income was 102.800 billion manat, while expenses - 106.200 billion manat. The official rate of the manat versus $1 has remained at 3.50 Turkmen manat since January 2015.
Turkmenistan holds one of the key positions in the region on natural gas supplies. Russia, China and Iran are importers.
The profitable part in the Turkmen state budget is formed by such sectors as oil and gas, chemical, power engineering and construction.
The agro-industrial complex, transport and communication, textile and food industries will be also intensively developed.