Ashgabat, Turkmenistan, June 7
By Huseyn Hasanov– Trend:
In January-May 2019, the revenues of the state budget of Turkmenistan amounted to 7.53 billion manats, while expenditures equaled to 7.49 billion manats, Trend reports referring to the Turkmen Government.
According to the draft law on the State Budget of Turkmenistan for 2019 adopted by the 6th convocation Turkmen Parliament, budget revenues for 2019 will amount to 83,868.3 million Turkmenistan manats (TMT), and the same amount of expenditures is planned.
The official rate of the Turkmen manat to $1 has remained at 3.50 Turkmen manats since January 2015.
The revenue part of the budget is formed mainly due to such major sectors of production as oil and gas, chemical, electric power industry, and the construction sphere.
The agro-industrial complex, the sphere of transportation and communications, the textile and food industries also will be further developed.
Turkmenistan occupies one of the key positions in the region for the supply of natural gas which is exported to China and Russia.