Draft Tajik state budget for 2020 under development
By Mirsaid Ibrahimzade
The Ministry of Finance of Tajikistan began developing a draft state budget for 2020, Avesta reported citing the ministry.
According to a source, work has begun on formation of the draft version of state budget for 2020 and the main indicators of the state budget of the Republic of Tajikistan for 2021-2022.
The Ministry of Finance also noted that a final version of the state budget for the next year will be developed by the end of August then will be offered to study for the state commission on the budget under the government of Tajikistan by the end of September of 2019 year.
The Ministry of Finance rejected to name the size of the state budget for 2020, or at least a percentage ratio compared with the figures for the current year, and only noted that the state commission on the budget to the government, after studying, will announce the budget indicators.
Recall that the total amount of the state budget for the current year is provided in the amount of over 23.774 billion somoni (over $ 2.5 billion). This is by 2.7 billion somoni more than the budget of 2018.
The total expenditure for 2019 is set at 24 billion 165 million somoni.
The volume of other expenses is determined in the amount of about 2.6 billion somoni.
The maximum amount of the state budget deficit for 2019 will be 0.5 percent of GDP, or about 391 million somoni.
The reserve fund of the President of Tajikistan for 2019 was approved in the amount of 350 million somoni.
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