Government intends to write off TJS 288 mln tax debt, says minister

DUSHANBE, November 27, 2009, Asia-Plus  — Parliament hearings on targeted use of budgetary funds took place at the Majlsi Mamoyandagon (Tajikistan’s lower chamber of parliament) today.  Heads of a number ministries and organizations attended the parliament hearings. Speaking at the meeting, Finance Minister Safarali Najmiddinov noted that gross domestic product (GDP) rose 2.9 percent in […]

DUSHANBE, November 27, 2009, Asia-Plus  — Parliament hearings on targeted use of budgetary funds took place at the Majlsi Mamoyandagon (Tajikistan’s lower chamber of parliament) today.  Heads of a number ministries and organizations attended the parliament hearings.

Speaking at the meeting, Finance Minister Safarali Najmiddinov noted that gross domestic product (GDP) rose 2.9 percent in ten months to November 2009, and inflation for January-October this year stood at 4.5 percent.

“Over the report period, the country’s budget has received 2.96 billion somoni (TJS), which is 431 million somoni more than in the same period of last year and Tajikistan’s economy is becoming stable little by little, despite the  global financial crisis” the minister said.

The country has reached 89.9 percent of the budget target for January-October and an external trade turnover of Tajikistan has decreased by nearly one billion somoni compared to January-October 2008.  The tax collection target has been implemented for only 76 percent.

Tax arrears increased by 211 million somoni in the year to November 1, 2009, reaching 722.2 million somoni.  “Before the end of this year, the government intends to write off tax debts, totaling some 288 million somoni, which had arisen over several years,” Najmiddinov said.

Since the beginning of this year, the government has allocated 463 million somoni for construction of the Roghun hydroelectric power plant (HPP), some 20 million somoni for completion of the construction of the Sangtuda-1 station and more than 19 million somoni for purchasing energy-saving light bulbs, he added.

On the targeted use of budgetary funds by ministries and organizations, the minister noted that inspections carried out by the Ministry of Finance (MoF) over the first nine months of this year has revealed violations for a total amount of 8 million somoni.  3.6 million somoni of that amount has already been reimbursed, according to him.

Join us on social media!

Article translations:

Related Article

Оби зулол
Tenisi
Оби зулол

Most Read

Коммерсбонк Точикистон

Recent Articles

Fotehobod border crossing point upgraded to boost trade between Tajikistan and Uzbekistan

A working meeting was held at the post between representatives of the customs services of Tajikistan and Uzbekistan.

Qironshoh Sharifzoda: Asia-Plus is an example of patriotism and protection of national interests

The opinion of a renowned researcher on the 30th anniversary of "Asia-Plus."

Three injured after hot air balloon crash in Khujand

A balloon set up for the Children's Day celebration was torn away by strong winds and fell on residential buildings in Khujand.

Tajik athletes win 71 medals at AJP Uzbekistan National Jiu-Jitsu Championship 2026

The Tajikistan national jiu-jitsu team continues to confirm its high level on the international stage.

Direct train service between Dushanbe and Moscow to resume on June 21

The train will operate once every two weeks, and the travel time will be approximately four days.

Russia bans aviation fuel exports: What does it mean for Tajikistan?

The government is already seeking alternative sources of supply, primarily focusing on Iran.

Tajik migrant in Russia recovers more than 1 million rubles in unpaid wages

The money was paid after the migrant contacted the Representative Office of the Ministry of Labor of the Republic of Tatarstan.

Khujand joins EBRD’s Green Cities program

On 28 May, a memorandum of understanding (MoU) was...

Eskhata Bank receives a certificate of registration for the information resource “Eskhata Business”

The resource is designed for remote servicing of corporate clients and entrepreneurs.