Deputies of the Mejlis adopted the Law "On the State Budget of Turkmenistan for 2026”
21:03 24.11.2025 4068
At the eleventh session of the Mejlis of Turkmenistan of the seventh convocation on November 22, a number of new laws and regulatory documents were discussed and adopted, TDH reports.
The main item on the agenda was the consideration of the draft Law of Turkmenistan "On the State Budget of Turkmenistan for 2026".
As the speakers noted, this key financial and legal document is aimed at the successful implementation of comprehensive reforms and strengthening the national economy by maintaining sustainable growth rates in leading industries, developing regions, and realizing Turkmenistan's vast, multifaceted potential as a whole.
The State Budget of Turkmenistan for 2026 provides for the accelerated development of its core sectors – fuel and energy, construction and industrial complexes, agro-industrial complexes, transportation and communications, textile and food industries, etc.
According to the approved socio-economic strategy, substantial funds are being allocated for the implementation of major projects, the implementation of the urban development program in the capital, cities, and regions of the country, the construction of new important transport, communications, and industrial infrastructure facilities, and the widespread introduction of innovative technologies and the latest scientific and technological advances in all areas.
In the main financial document for the year, as in previous years, the majority of funds are allocated to funding the social sphere, notes TDH. A significant portion of the State Budget expenditures will be allocated to funding education, healthcare, culture, sports, the state social security system, and housing and utilities.
Measures to support entrepreneurship are planned for 2026, which will play a major role in increasing the volume of import-substituting and export-oriented domestic products and ensuring food abundance in the domestic market.
Deputies who unanimously voted to adopt the draft Law of Turkmenistan "On the State Budget of Turkmenistan for 2026" noted that this key financial and legal document, based on sound calculations and supported by the resource potential of the state and society, will serve to expedite the achievement of the high milestones of the new historical era.
Transactions for the export of LNG and jet fuel were entered at exchange trading
On Monday, August 22, 12 transactions were concluded at the State Commodity and Raw Materials Exchange of Turkmenistan for a total of $5.4 million, the ORIENT news agency reported.
It is planned to increase hydrocarbon production in Balkan region
In the Balkan region, a key region in the oil and gas sector of Turkmenistan, it is planned to increase natural gas production to 11 billion cubic meters per year by 2025. The head of the Department for Analysis of Economic Risks of the Agency for Protection from Economic Risks under the Ministry of Finance and Economy of Turkmenistan, Hangeldi Gurbangeldiev, said this in a commentary for the official Turkmen press.
Modern Information and Analytical Center for sustainable energy development has been opened in Turkmenistan
Today, March 26, the grand opening of the Information and Analytical Center was held at the Natural Gas Research Institute of the State Concern "Turkmengas". The center is equipped with the latest IT equipment purchased with the support of the European Union project "Green Development of Turkmenistan: Policy Dialogue and Climate Action for 2024-2028", funded by the European Union and the German Foreign Ministry and implemented by GIZ.
Hero-Arkadag and Recep Erdogan noted the rapid development of bilateral cooperation
On Sunday, March 30, a telephone conversation took place between the National Leader of the Turkmen people, Chairman of the Halk Maslahaty of Turkmenistan Hero-Arkadag Gurbanguly Berdimuhamedov and the President of the Republic of Turkey Recep Tayyip Erdogan, TDH reports.
