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LAW OF TURKMENISTAN

of June 25, 2008 No. 201-III

About the specified Government budget of Turkmenistan for 2008

Article 1

Approve the specified Government budget of Turkmenistan for 2008 according to the income and expenses in the amount 211079, in 1 billion manats, including according to the income and expenses of the budget of the first level in the amount 43011, in 6 billion manats.

Article 2

Approve the specified Centralized budget of Turkmenistan for 2008 according to the income and expenses in the amount 197148, by 9 billion manats, including according to the income and expenses of the budget of the first level in the amount 29081, 4 billion manats.

Article 3

Establish for 2008 standard rates of contributions from nation-wide taxes to the specified city budgets of Ashgabat and welayats in the following sizes:

+--------------------------------------------------+
¦                  ¦от налога¦от  налога¦от  налога¦
¦                  ¦на добав-¦на прибыль¦за пользо-¦
¦                  ¦ленную   ¦          ¦вание нед-¦
¦                  ¦стоимость¦          ¦рами      ¦
+------------------+---------+----------+----------¦
¦город Ашхабад     ¦   52%   ¦    52%   ¦     -    ¦
¦Ахалский велаят   ¦   20%   ¦    21%   ¦    20%   ¦
¦Балканский велаят ¦   14%   ¦    15%   ¦    14%   ¦
¦Дашогузский велаят¦   95%   ¦    95%   ¦    95%   ¦
¦Лебапский велаят  ¦   67%   ¦    68%   ¦    67%   ¦
¦Марыйский велаят  ¦   43%   ¦    44%   ¦    43%   ¦
+--------------------------------------------------+
Article 4

Allocate in 2008 from the specified Centralized budget of Turkmenistan assignments in the amount 2200, to 6 billion manats for ensuring balance of the budget of Dashoguz Region.

Article 5

Approve the specified local budgets in the amount 16130, by 8 billion manats, including city budgets of Ashgabat and welayats in the following sizes:

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