Turkmenistan, Ashgabat, October 14/ Trend, H. Hasanov /
A draft state budget for 2014 will be submitted to parliament, the country's president, Gurbanguly Berdimuhamedov said at at a governmental meeting.
"Berdimuhamedov stressed that in the new document, it is necessary to take into consideration the size of salaries, pensions, stipends and benefits, as well as some other social benefits that will increase," the message said.
The revenue of Turkmenistan's state budget comes from industries such as oil and gas, chemical, electricity and construction. The budget also envisages the progressive development of agricultural industry, transport, telecommunications, textile and food industries.
It is expected that the revenues will also increase thanks to the further development and maintenance of private enterprise.
From January-September 2013, the execution of revenues of Turkmenistan's state budget amounted to 120.7 percent and expenditures to 96 percent. Turkmenistan's parliament approved the state budget for 2013 when the revenue was established at 86335.8 million manat and expenditures at 89735.8 million manat.
In recent years, the official exchange rate of the manat to the dollar remained at 2.85 Turkmen manat. Turkmenistan is one of the key exporters of natural gas in the Caspian region and Central Asia. The supply of electricity, oil products, textile, cotton, construction materials to world markets plays a significant role.
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