Deputies of the Mejlis adopted the Law "On the State Budget of Turkmenistan for 2026”
21:03 24.11.2025 1771
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.
OPEC will be headed by a representative of Kuwait from August
At an extraordinary meeting of OPEC, the ministers elected a new secretary general of the organization – from August 1, 2022, Haitham Al-Qais from Kuwait was elected for a period of three years, Interfax reported.
The delegation of Turkmenistan took part in the ministerial conference in the “Central Asia – Italy” format
A ministerial conference in the “Central Asia – Italy” format was held in Rome on May 29. The event was attended by heads of foreign policy departments of Central Asian countries, Italy, as well as representatives of the European Union. The delegation of Turkmenistan was headed by Vice-Chairman of the Cabinet of Ministers, Minister of Foreign Affairs of Turkmenistan Rashid Meredov, reports the Ministry of Foreign Affairs of our country.
The International Forum on Attracting Investments in the Fuel and Energy Complex of Turkmenistan started in Dubai
Today, the International Forum on attracting foreign investment in the oil and gas industry of Turkmenistan began its work at the Hyatt Regency hotel in Dubai (United Arab Emirates). It is organized by the State Concerns “Turkmengas”, “Turkmennebit”, the State Corporation “Turkmengeology” in partnership with the ES “Turkmen Forum” and the British GaffneyCline.
Over 320 billion cubic meters of Turkmen gas supplied since the start of operation of the Turkmenistan-China gas pipeline, – CNPC
Since the opening of the transnational Turkmenistan-China gas pipeline in 2009, over 320 billion cubic meters of Turkmen gas have been exported to the Celestial Empire. General director of the branch of the National Petroleum Corporation of China (CNPC) Chen Huailong stated this, the Watan news program of the Turkmen television reported.
President of Turkmenistan discussed prospects for multifaceted cooperation with EU High Representative
On March 27, President of Turkmenistan Serdar Berdimuhamedov received the High Representative of the European Union for Foreign Affairs and Security Policy, Vice-President of the European Commission Kaja Kallas, who arrived in Ashgabat to participate in the Central Asia-EU ministerial meeting, TDH reports.