Ashgabat, Turkmenistan, May 14
By Huseyn Hasanov - Trend:
President of Turkmenistan Gurbanguly Berdimuhamedov signed a decree on drawing up the country's state budget for 2017, said the Turkmen government May 14.
The 2017 budget was discussed at a meeting of the Cabinet of Ministers of Turkmenistan. Turkmen president, who took part in the meeting, underlined the importance of envisaging the further increase in production efficiency and introduction of advanced technologies in all the sectors of economy while preparing the budget bill.
Berdimuhamedov said special attention should be paid to the efficient use of investment opportunities, creation of new enterprises and jobs, and encouraging the private sector.
Creation of modern infrastructure in all the regions, improvement of social sphere, and improving the well-being of the Turkmen citizens remain as the key areas, added the president.
The revenue part of the Turkmen budget is mainly formed from such sectors as the oil and gas, chemicals, electric power industry, and construction.