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The Mejlis of Turkmenistan adopts the State budget for 2020
2 Dec
The Mejlis of Turkmenistan adopts the State budget for 2020

The eighth session of the Mejlis of the sixth convocation where number of new laws and legal and regulatory acts have been adopted was held, inform the web-site of the State News Service of Turkmenistan.

Review of the Draft Law of Turkmenistan on the State Budget of Turkmenistan for 2020 and the Draft Resolution of the Mejlis of Turkmenistan on Fulfilment of the State Budget of Turkmenistan for 2018 was the main subjects of the agenda of the session, to participate in which members of the Government, heads of relative ministries and departments, representatives of mass media have been invited.

Speaking of the main principles of development of the State Budget for the next year at the session of the Cabinet of Ministers on November 27, President Gurbanguly Berdimuhamedov highlighted that support of stable and high rates of economic growth by rapid development branches and diversification of the economy, realization of major industrial project are the main objectives. At the same time, the main part of expenditures of the State Budget has to be used for financing of social sphere including education, health protection, culture, sports and municipal services.