Turkmenistan reveals data on state budget execution
ASHGABAT, Turkmenistan, Nov. 16
By Huseyn Hasanov – Trend:
The revenues of the Turkmen state budget amounted to 15.7 billion manat ($4.5 billion), while expenditure equalled to 15.6 billion manat ($4.4 billion) from January through October 2019, Trend reports on Nov. 16 referring to the Turkmen government.
Turkmen Deputy Prime Minister Gochmurad Muradov delivered a report at an expanded meeting of the Cabinet of Ministers.
The revenue part of the budget is mainly formed through such major sectors of production as oil and gas, chemical, electric power industry and construction.
The agro-industrial complex, transportation, communication, textile and food industries will be further developed.
Turkmenistan holds one of the key positions in the region for the supply of natural gas which is exported to China and Russia.