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Turkmenistan discloses state budget revenues

Business Materials 16 February 2020 10:59 (UTC +04:00)

ASHGABAT, Turkmenistan, Feb. 16

By Huseyn Hasanov – Trend:

Turkmenistan’s state budget revenues amounted to 1.9 billion manat, and the expenditures amounted 1.1 billion manat in January 2020.

The remarks were made at a meeting of the Cabinet of Ministers of Turkmenistan, Trend reports referring to the Turkmen government.

The major part of the budget revenues are formed by such important industries as oil and gas, chemical sector, electricity, and construction.

The agricultural sector, transport and communications, as well as textile and food industries are also developing further.

Turkmenistan ranks fourth in terms of natural gas reserves in the world and at this stage exports it to China and Russia.

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