18.07.2008, 13:55 2823

Kazakhstan to allocate from state budget more than 1.3 trillion KZT to develop transport industry

Kazakhstan will allocate from state budget more than 1.3 trillion KZT in the nearest three years to develop transport industry. Director of Department of Strategic Research and International Cooperation, Saltanat Rahimbekova, informed at the session of the Ministry of Transport and Communications of Kazakhstan on Thursday, the agency reports.

Astana. July 18. Kazakhstan Today - Kazakhstan will allocate from state budget more than 1.3 trillion KZT in the nearest three years to develop transport industry. Director of Department of Strategic Research and International Cooperation, Saltanat Rahimbekova, informed at the session of the Ministry of Transport and Communications of Kazakhstan on Thursday, the agency reports.

"1 trillion 306 billion KZT has been requested for development of transport branch over the period of 2009 - 2011 and for 2009 - 371 billion KZT," S. Rahimbekova informed.

She said that 80 % of the proposed budget will be directed on realization of development programs and about 400 billion KZT will be allocated to the budgets of oblasts and cities of Almaty and Astana in the form of target transfers for development of local infrastructure.

Director of Department also informed that current budgetary programs of the Ministry for 2009 of the sum of 66 billion KZT have been approved at the last session of the Republican Budget Commission, which is more in comparison with volume of resources allocated for this year by 17.3 billion KZT or 35 %.

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