Over the first nine months of this year, Tajikistan’s budget has received 565 million somoni (equivalent to some 55 million U.S. dollars) less than it was originally planned due to reduction in the main taxes.
Over the reporting period, a total volume of the country’s budget has amounted to some 16.506 billion somoni, which was 565 million somoni fewer or 96.3 percent of the target, according to the Ministry of Finance (MoF).
An official source at a MoF says the national budget has received 565 million somoni less in January-September due to reduction in main taxes – income tax, corporate tax and value added tax.
The share of taxes in the country’s budget is some 68 percent.
Therefore, the expenditure part of the budget has not been fulfilled and practically all sectors have received funds less than it was originally planned.
Funding of public health, public management, education as well as culture and sports has been cut significantly.
It is to be noted that parameters of the budget for this year were revised in June.
The total volume of the revised budget revenue part was projected to stand at 23.6 million somoni instead of previously planned 26.1 billion somoni. The revised budget expenditure part was projected to stand at 26 billion somoni, which is 400 million somoni fewer than it was originally planned.
