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LAW OF TURKMENISTAN

of November 21, 2009 No. 72-IV

About the Government budget of Turkmenistan for 2010

Article 1

Approve the Government budget of Turkmenistan for 2010 according to the income 48280, in 7 million manats and on expenses in the amount 49780, in 7 million manats, including according to the income of the first level of the budget 8129, in 5 million manats and on expenses 9629, in 5 million manats.

Article 2

Establish limit of central government budget deficit of Turkmenistan for 2010 in the amount 1500, of 0 million manats.

Note that the remaining balance of budgetary funds formed as of January 1, 2010 is budget deficit covering source.

Article 3

Approve the Centralized budget of Turkmenistan for 2010 according to the income in the amount 45116, by 1 million manats and on expenses in the amount 46616, 1 million manats, including according to the income of the first level of the budget in the amount 4964, 9 million manats and on expenses 6464, 9 million manats.

Article 4

Approve for 2010 standard rates of contributions from nation-wide taxes to city budgets of Ashgabat and welayats in the following sizes:

from tax on from tax from tax for the value added on profit use of subsoil

city of Ashgabat of 12% of 11% of 12%

Ahal Region 95% of 95% of 95%

Balkan Region 30% of 29% of 30%

Dashoguz Region 95% of 95%

Lebap Region 95% of 95% of 95%

Mary Region 95% of 95% of 95%

Article 5

Allocate in 2010 from the Centralized budget of assignment in the amount 1416, 0 million manats for ensuring balance of budgets of welayats, including:

Ahal Region 118, 6 million manats

Dashoguz Region 596, 5 million manats

Lebabsky welayat 352, 3 million manats

Mary Region 348, 6 million manats

Article 6

Approve local budgets in the amount 4580, by one million manats, including city budgets of Ashgabat and welayats in the following sizes:

city of Ashkhabat 677, 7 million manats

Ahal Region 674, 1 million manats

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