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Over ten state-owned objects privatized in Turkmenistan in January 2021

Finance Materials 13 February 2021 11:06 (UTC +04:00)

BAKU, Azerbaijan, February 13

By Jeila Aliyeva - Trend:

The revenues of the State Budget of Turkmenistan increased by 1.8 times, and the expenditure plan was fulfilled by 83.1 percent as f February 1, 2021, Trend reports with reference to Turkmenistan’s State News Agency.

Some 7 meetings of the balance sheet commission were held in January 2021, including 6 regional ones.

During the reporting period, 13 objects of state property were privatized.

As of February 1, 2021 the construction of a number of facilities, engineering systems and structures, as well as 44,700 square meters of housing, has been completed, in the context of the implementation of the National Rural Program.

The plan for revenues of the State Budget of Turkmenistan was exceeded by 0.1 percent, and the expenditure part was fulfilled by 99.9 percent in 2020.

The plan for local budget revenues for the reporting period was exceeded by 2.2 percent, while plan for expenditures reached 99.9 percent.

During the past year, 119 meetings of the balance sheet commissions were held, including 104 regional ones. During the reporting period, 85 units of state property were privatized.

The volume of investments allocated for the development of the national economy at the expense of all sources of financing amounted to 22.4 percent of GDP. The investment program for 2020 was exceeded by 2.4 percent, while 55.7 percent of capital investments were spent on industrial facilities, and 44.3 percent on social facilities.

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Follow the author on Twitter: @JeilaAliyeva

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