DUSHANBE, November 11, 2010, Asia-Plus -- The Majlisi Namoyandagon (Tajikistan’s lower chamber of parliament) has approved the national budget for 2011.
A regular sitting of the Majlisi Namoyandagon, presided over by its chairman, Shukurjon Zuhurov, was held on November 11.
Presenting the bill on the national budget for 2011, Finance Minister Safarali Najmiddinov said that revenues are projected to be 8.3 billion somoni and expenditures are estimated at 8.6 billion somoni. The budget deficit amounts to 300 million somoni.
According to him, the budget indicators reflect the economic and social development of the country. Social spending will account for 48 percent of budget allocations, which is more than 4.1 billion somoni. “It is 31.2 percent, or 857.6 million somoni, more than it was projected by this year’s budget,” the minister said.
The budget projects expenditure of 593 million somoni on the health sector, which is 46.8 percent more than this year.
In 2011, 293 million somoni are expected to be spent for development of culture and sports and 1.4 billion somoni will be spent for payment of wages and pensions. 40 million somoni will be spent on development of science
The budget earmarks 1.02 billion somoni for energy sector, 1 billion somoni for transport and communications sector, and 300 million somoni for agrarian sector.
The budget projects to increase expenditures on defense, public order and foreign policy by at least 25 percent, Najmiddinov noted.
“GDP growth is projected to rise 6.5 percent next year to 30 billion somoni, while inflation rate is expected to be 9 percent,” the minister said, noting that the exchange rate of the dollar against the somoni is expected to be 1:4.8 in 2011.
EBRD provides US$ 10 million to Bank Arvand to promote green lending and youth entrepreneurship
Spring sowing campaign nearing completion in Tajikistan; there is water scarcity in some regions
The European Union toughens asylum granting rules
Afghanistan denied the right to vote at UN General Assembly sessions
Authorities in Uzbekistan to create a register of violence perpetrators
Interior minister says only 4.0% of crimes officially registered in Russia are committed by migrants
For the first time in 10 years, Khatlon province fulfills its spring conscription campaign target ahead of schedule
Uzbekistan experiences serious irrigation water shortages
Tajikistan expected to rejoin Central Asian unified power grid until the end of May?
Labor ministry urges citizens not to apply to unlicensed companies regarding seasonal work in UK
All news
Авторизуйтесь, пожалуйста