21.10.2009, 14:43 2534

Majilis approved bill of Republican budget for 2010 - 2012

The deputies of Majilis of Parliament of Kazakhstan at the plenary session passed the bill on the Republican budget for 2010 - 2012, the agency reports.

Astana. October 21. Kazakhstan Today - The deputies of Majilis of Parliament of Kazakhstan at the plenary session passed the bill on the Republican budget for 2010 - 2012, the agency reports.

According to the conclusion of Majilis Committee for Finance and Budget, the parameters of the Republican budget for 2010 - 2012 have been defined taking into account the world prices for oil in 2009 - 2010 - on average at the level of $50 per barrel and in 2011 - 2012 - $60 per barrel.

Inflation rate will decrease from 7.5 - 8 % in 2010 and down to 7 % in 2014. GDP per capita in 2010 will be $7078, in 2011 - $7852 and in 2012 - $8546.

The budgeted deficit will be 4.1 % of GDP in 2010, 3.8 % of GDP - in 2011 and 3.5 % of GDP - in 2012.

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