DUSHANBE, October 18, 2013, Asia-Plus -- Tajikistan’s lower house (Majlisi Namoyandagon) is expected to consider the draft national budget for 2014 next week.

Muhammadato Sultonov, a spokesman for the Majlisi Namoyandagon, says the draft national budget for 2014 is expected to be considered at the next sitting of the fifth session of the Majlisi Namoyandagon of the fourth convocation that will take place on October 23.

Meanwhile, the Majlisi Namoyandagon Committee on Economics and Budget considered and endorsed the draft national budget for 2013 on October 18 at a meeting, presided over by the first deputy speaker of the Majlisi Namoyandagon, Amirsho Miraliyev.  The Committee on Economics and Budget was the last among the Majlisi Namoyandagon committees to consider the draft.

A total volume of the national budget for 2014 is expected to stand at 13.901 billion somoni (28.7 percent of GDP), including tax receipts (6.924 billion somoni, 20.3 percent more compared to this year) and customs duties (3.8 billion somoni, 18.8 percent more compared to 2013).

Under the draft law on the national budget for 2014, the country’s gross domestic product (GDP) will stand at 48.5 billion somoni next year, inflation in 2014 will stand at 7.5 percent and deflation index will stand at 5.9 percent.

The revenue part of the draft national budget for 2014 is expected to rise 15.3 percent (1.8435 billion somoni) mostly due to grants (1.7435 billion somoni, 18.4 percent more compared to 2013), special funds of federally paid organizations (113.1 million somoni, 18.5 percent more) and the state investment projects (98.3 million somoni, 6.2 percent more).