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LAW OF TURKMENISTAN

of October 24, 2020

About the Government budget of Turkmenistan for 2021

Article 1

Approve the Government budget of Turkmenistan for 2021 according to the income and expenses in the amount of the 79th 509, in 6 million manats, including the budget of the first level for the income and expenses in the amount of 23rd 398, in 0 million manats.

Article 2

Approve the Centralized budget of Turkmenistan for 2021 according to the income and expenses in the amount of the 72nd 075, by 0 million manats, including the budget of the first level for the income and expenses in the amount of the 15th 963, 4 million manats.

Article 3

Establish for 2021 standard rates of contributions from nation-wide taxes to city budgets of Ashgabat and welayats in the following sizes:

 

from the value added tax

from the income tax

from tax for use of natural resources

city of Ashgabat

% 3,4

% 3,4

% 3,4

Ahal Region

% 100,0

% 100,0

% 100,0

Balkan Region

% 18,0

% 18,0

% 18,0

Dashoguz Region

% 100,0

% 100,0

% 100,0

Lebap Region

% 100,0

% 100,0

% 100,0

Mary Region

% 100,0

% 100,0

% 100,0

Article 4

Allocate in 2021 from the Centralized budget of Turkmenistan assignments to welayats in the amount of the 2nd 638, with 4 million manats for ensuring balance of their budgets, including:

Ahal Region

149, 1 million manats

Dashoguz Region

1 347, 6 million manats

Lebap Region

814, 4 million manats

Mary Region

327, 3 million manats

Article 5

Approve local budgets in the amount of the 10th 073, by 0 million manats, including city budgets of Ashgabat and welayats in the following sizes:

city of Ashgabat

1 803, 0 million manats

Ahal Region

1 251, 8 million manats

Balkan Region

1 161, 8 million manats

Dashoguz Region

1 856, 5 million manats

Lebap Region

2 064, 8 million manats

Mary Region

1 935, 1 million manats

Article 6

Determine that the protected expenditure items of the Government budget of Turkmenistan are the salary, pensions, public welfare payments and grants.

Article 7

Determine that in case of formation of budget deficit sources of financing are means from the state borrowings and (or) the formed remaining balance of budgetary funds according to the legislation of Turkmenistan.

Determine that the additional incomes arriving in the Government budget of Turkmenistan in 2021 from other sources and also the amounts of excess of the income over expenses in first-priority procedure go for debt repayment on the state borrowings and bank loans.

Article 8

Charge to the Ministry of Finance and Economy of Turkmenistan to bring necessary amendments in the indicators of the Government budget of Turkmenistan for 2021 following from the laws of Turkmenistan, decrees, resolutions and orders of the President of Turkmenistan and also in necessary cases to allocate the funds saved in all respects expenses in the course of execution Centralized and local budgets for other expenditure items.

President of Turkmenistan

Gurbanguly Berdimuhamedov

 

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