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Ministry of Justice

Republic of Tajikistan

 On November 28, 2019 No. 85

RESOLUTION OF MAJLISI NAMOYANDAGON OF MAJLISI OLI OF THE REPUBLIC OF TAJIKISTAN

of November 22, 2019 No. 1507

About adoption of law of the Republic of Tajikistan "About the Government budget of the Republic of Tajikistan for 2020" and forecast indicators of the Government budget for 2021-2022

According to article 60 of the Constitution of the Republic of Tajikistan the Majlisi namoyandagon of Majlisi Oli of the Republic of Tajikistan DECIDES:

1. Adopt the Law of the Republic of Tajikistan "About the Government budget of the Republic of Tajikistan for 2020".

2. Determine forecast indicators of the income and expenses of the Government budget on:

- 2021 according to the income in the amount of 28635562 thousand somoni, on expenses in the amount of 29125647 thousand somoni and to budget deficit in the amount of 490085 thousand somoni or 0,5 of percent to Gross domestic product;

- 2022 according to the income in the amount of 30983052 thousand somoni, on expenses in the amount of 31527017 thousand somoni and to budget deficit in the amount of 543965 thousand somoni or 0,5 of percent to Gross domestic product.

3. To the government of the Republic of Tajikistan for the medium-term period to make the decisions requiring financing at the expense of the Government budget within the established indicators of expenses of the Government budget for 2020-2022. In case of submission of the bill of the Republic of Tajikistan "About the Government budget of the Republic of Tajikistan for 2021" to specify indicators of the Government budget for 2022-2023 according to changes in macroeconomic indicators and development of industries of economy.

4. To committees of Majlisi namoyandagon of Majlisi Oli of the Republic of Tajikistan within the powers to exercise budget implementation control, to analyze target and effective use of budgetary funds by their receivers, and if necessary, to submit analysis results for consideration of Majlisi namoyandagon of Majlisi Oli of the Republic of Tajikistan.

5. To the government of the Republic of Tajikistan:

- accept to execution for 2020 the established total amount of the Government budget of the Republic of Tajikistan on all sources of financing in the amount of 26053957 thousand somoni and total amount, expenses in the amount 26403473 thousand somoni with excess of expenses over financing sources in the amount of 349516 thousand somoni;

- provide financing of the actions provided by the budget within the approved amounts, in proportion to actually arrived income;

- for the purpose of reduction of shortages on taxes and social fees of previous years, considering need of liquidation of the formed debt of budgetary institutions to the companies and the organizations for January 1, 2020, and also debts of state-financed organizations on taxes, to make offsets between them in accordance with the established procedure without change of the actual execution of the income and expenses of the budget;

- inform following the results of every quarter of Majlisi namoyandagon of Majlisi Oli of the Republic of Tajikistan on execution of the State Budget of the Republic of Tajikistan for 2020;

- provide Majlisi namoyandagon of Majlisi Oli of the Republic of Tajikistan the annual statement about use of means of the Stabilization fund of development of economy;

- to inform quarterly through mass media on course of execution of the Government budget of the Republic of Tajikistan for 2020.

6. Permit the Government of the Republic of Tajikistan to perform covering of deficit of the republican budget in the amount of 100000 thousand somoni due to release of the state treasurer bills of exchange and attraction of grants and soft credits of international financial institutions.

7. To National Bank of Tajikistan:

- together with government savings bank of the Republic of Tajikistan Amonatbank, the Tax Committee under the Government of the Republic of Tajikistan, Customs Service under the Government of the Republic of Tajikistan and commercial banks of the Republic of Tajikistan to provide timely transfer in republican and local budgets of taxes and the income according to the established standard rates specified in article 13 of the Law of the Republic of Tajikistan "About the Government budget of the Republic of Tajikistan for 2020";

- act as the transactions agent of the Ministry of Finance of the Republic of Tajikistan connected with servicing of debt obligations of the Republic of Tajikistan and provide implementation of calculations and payments on the state debt obligations of the Republic of Tajikistan;

- provide according to requests of the Ministry of Finance of the Republic of Tajikistan converting of budgetary funds in foreign currency on the official rate of currency for timely implementation of currency payments of the Government budget of the Republic of Tajikistan for 2020;

- sign the relevant agreement prior to the beginning of the next following financial year in coordination with the Government of the Republic of Tajikistan for prolongation of repayment period of debt of the Ministry of Finance of the Republic of Tajikistan allocated with National Bank of Tajikistan in 2019.

8. To impose control of execution of this Resolution on Committee of Majlisi namoyandagon Majlisi Oli of the Republic of Tajikistan on economy and finance.

Chairman of Majlisi namoyandagon of Majlisi Oli of the Republic of Tajikistan

Sh. Zukhurov

 

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