Turkmen government plans to replenish the state budget with a large amount of investment.
Turkmen leader Gurbanguly Berdimuhamedov gave specific instructions to support the economic sphere during a pandemic on May 20. As a part of the meeting, it was noted that a large amount of investment will be allocated for the state budget. It was reported to CentralAsia.news by "Turkmenistan today".
The president discussed this issue with Deputy Prime Ministers Bayramgeldi Ovezov and Gadyrgeldi Mushshikov.
During the online meeting, the head of the state underlined the need to support the growth rate of the transport and communications sector. He also discussed measures to formulate the state budget for 2021.
Berdimuhamedov instructed the officials to revise the terms of payment of bank loans, taxes, and investments for companies involved in passenger and cargo transportation. In addition, the Turkmen leader highlighted that the state institutions which are financed from the state budget have to support themselves with the use of extrabudgetary funds.
According to the president, the government has to support the private sector. It includes facilities for bank loans, tax payments, and export operations.
At the end of the meeting, Berdimuhamedov instructed civil servants to find additional sources of income for the state budget.
It must be added that the effectiveness of the economy of Turkmenistan in an unstable epidemiological situation in the world has been commended by the international community. In addition, the country is the only state in Central Asia where there is no coronavirus.