Tajik parliament passes budget for 2021

Asia-Plus

Tajikistan’s lower house (Majlisi Namoyandagon) of parliament has approved the state budget for 2021.

Presenting the draft law on the national budget for 2021 to lawmakers, Finance Minister Faiziddin Qahhorzoda said that the state budget for 2021 stood at 27.6 billion somonis.  The minister also said that the budget for 2020 was expected to be overfulfilled by 6.1 percent.  

A regular sitting of the Majlisi Namoyandagon, presided over by its head, Muhammadtoir Zokirzoda, was held on November 18.    

Qahhorzoda said state budget indicators reflect the economic and social development of the country.  Social spending will account for 47% of budget allocations, with nearly 10 percent earmarked for public education alone.

The minister said revenues are projected to be 27.6 billion somonis and expenditures at 28.1 billion somonis.

Tax receipts are expected to stand at 18.8 billion somonis, which is more than 68 percent of the overall volume of the revenues.

The budget projects expenditure of 13.2 billion somonis in social spheres.

In 2021, more than 5.6 billion somonis  is expected to be spent on the education sector (592 million somonis more compared to this year’s budget).  

The budget earmarks 2.3 billion somonis for the health sector (59 million somonis more compared to the 2020 budget). 

The budget projects expenditure of 4.2 billion somonis in the social protection sphere (262 million somonis more compared to this year’s budget).

1.1 billion somonis is expected to be spent on the sports and culture sector (70 million somoni more compared to the 2020 budget).

The budget earmarks 3.8 billion somonis for the energy sector and 1.3 billion somonis for the housing and utilities sector.

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