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Turkmenistan increases average monthly wage

Business Materials 4 May 2015 13:11 (UTC +04:00)
In January-April 2015, the average monthly wage in Turkmenistan rose by 9.5 percent compared to the same period of 2014
Turkmenistan increases average monthly wage

Ashgabat, Turkmenistan, May 4

By Huseyn Hasanov- Trend:

In January-April 2015, the average monthly wage in Turkmenistan rose by 9.5 percent compared to the same period of 2014, said the message of the Ministry of Finance of Turkmenistan.

The message said that in January-April 2015, revenue part of the state budget were executed by 103.2 percent, expenditures - by 90.8 percent.

The revenue part of the state budget approved by Majlis (Parliament) of Turkmenistan for 2015 will amount to 102.800,8 billion manats and expenditures - 106.200,8 billion manats. The official exchange rate in Turkmenistan since January 2015 remains at 3.50 Turkmen manats to one US dollar.

Turkmenistan occupies one of the key positions in the region on the supplies of natural gas, which is imported by Russia, China and Iran.

The revenue part of the budget of the country will be formed mainly due to such important sectors of industrial areas as oil and gas, chemical, electric power, construction one.

Agro-industrial complex, transport and communication spheres, textile and food industries will also be intensely developed.

Edited by CN

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