The government approved the draft state budget for 2022

It is reported that according to the government’s project, the revenues of the state budget for 2022 will amount to 32.8 billion somoni, which is 18.6% more than this year.

Photo: Internet

As reported by the official website of the President of Tajikistan, the state budget was approved at a regular government meeting on October 25. According to the source, the total revenues of the state budget for 2022 are planned to be 32.8 billion somoni (approximately about 3 billion US dollars).

At the same time, the total expenditures of the state budget for 2022 are projected to be at the level of 33.4 billion somoni, which is 5.3 billion somoni more than the approved budget for this year and 600 million somoni less than the revenue part of the budget.

At the government meeting, Emomali Rahmon emphasized that the state budget for 2022 will be directed towards the implementation of the state’s socio-economic policy, ensuring sustainable development of the national economy, reducing the impact of negative external and internal factors, including the ongoing Covid-19 pandemic, developing real infrastructure sectors, and improving the living standards and social protection of the population.

The state budget for 2022 allocates 14.6 billion somoni for financing the social sphere of the country, which is equivalent to 43.7% of the total expenditures of the state budget or 14% of GDP.

Experts believe that the increase in the state budget for 2022 is insufficient. According to expert estimates, the increase in the budget by more than 5 billion somoni, which the government is so proud of, due to rising prices for goods and utilities in the markets, rising prices for electricity and water, as well as tax increases in some areas, will not have the desired effect.