ASHGABAT, Turkmenistan, May 23. President of
Turkmenistan Serdar Berdimuhamedov has signed a decree launching
preparations for the country’s 2027 state budget and key
socio-economic development programs, Trend reports via the press service of the
Turkmen government.
According to the document, the Ministry of Finance and Economy
was instructed to prepare draft versions of the 2027 State Budget
of Turkmenistan, the main directions of the country’s
socio-economic development, and the Investment Program, and submit
them to the Cabinet of Ministers by November 1, 2026.
The ministry is also tasked with sending calculation forms and
methodological guidelines to ministries, agencies, and regional
administrations by June 1, 2026, for preparation of the draft
documents.
In addition, a special working group of specialists will be
established to coordinate work on the projects.
The decree was adopted in line with Turkmenistan’s 2022-2028
presidential socio-economic development program and the country’s
Budget Code.
To note, Turkmenistan’s 2022-2028 presidential socio-economic
development program is a medium-term state strategy adopted in 2022
under President Serdar Berdimuhamedov. The document serves as a
roadmap for the country’s economic modernization and is closely
linked to long-term National Program for Socio-Economic Development
of Turkmenistan in 2022-2052.
The program focuses on diversifying the economy beyond
hydrocarbons, developing industry and export-oriented production,
expanding digitalization and “green economy” initiatives,
modernizing infrastructure, and supporting private business. It
also forms the basis for annual state budgets, investment programs,
and sectoral development plans implemented by the government.
