The draft State Budget of Turkmenistan for 2025 has been prepared

On November 15, President Serdar Berdimuhamedov held a regular meeting of the Cabinet of Ministers on the digital system, at which key tasks of the country's socio-economic development were discussed, drafts of a number of documents were considered, as well as some other issues.

Deputy Chairman of the Cabinet of Ministers H.Geldimyradov reported on the work done in accordance with the instructions of the President of the country to prepare the draft State Budget of Turkmenistan for 2025.

The draft State Budget for the coming year, the main directions of socio-economic development of the country and the Investment Program were developed on the basis of the "Program of the President of Turkmenistan for socio-economic development of the country in 2022-2028" and the corresponding Resolution adopted in May this year.

As noted, the main financial document of the state is aimed at further successful implementation of large-scale reforms and strengthening the power of the national economy.

The key tasks for the coming year are designated as maintaining macroeconomic stability, continuing the dynamic development of economic sectors and regions of the country, investing the bulk of investments in the radical modernization of production, further improving the standard of living of the population.

During the report, the Deputy Prime Minister submitted a draft of the relevant document for consideration by the head of Turkmenistan.

Summarizing the report, President Serdar Berdimuhamedov stressed the importance of developing the State Budget of Turkmenistan for 2025, the main directions of socio-economic development of the country and the Investment Program.

It was noted that the draft State Budget for next year provides for an increase in salaries, pensions, scholarships, state benefits and other expenses.

It was stated that next year it is planned to invest 40.1 billion manats in the economic sector from all sources of financing.

In this regard, President Serdar Berdimuhamedov signed a relevant document and announced that the draft State Budget of Turkmenistan for 2025 is being sent to the Mejlis of Turkmenistan for consideration.

Source: State News Agency