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.
