Majilis approved government and Accounts Committee reports
The deputies of Majilis of Parliament of Kazakhstan at the plenary session approved the reports of Kazakhstan government and Accounts Committee for Control over Execution of the Republican Budget for 2008, the agency reports.
Astana. June 3. Kazakhstan Today - The deputies of Majilis of Parliament of Kazakhstan at the plenary session approved the reports of Kazakhstan government and Accounts Committee for Control over Execution of the Republican Budget for 2008, the agency reports.
According to the conclusion of Majilis Finance and Budget Committee, in 2008, the government operatively reacted to all changes occurring in the world economy and undertook timely measures promoting preservation of stability of development of the national economy.
The Chamber considered the changes of the basic macroeconomic indicators for 2008 as positive results of execution of the republican budget. GDP has been 15 billion 907 million KZT and its growth in comparison with 2007 has been 103.2 %. Industrial production has increased by 102.1 % and foreign trade turnover has gone up by 135.5 %.
The committee stated that the government in due time undertook the measures for regulation of the inflationary processes, which slowed down increase of the prices in the consumer market. As a result of the undertaken anti-inflationary measures, in the end of 2008, the inflation rate decreased and reached 9.5 %.
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Olzhas Bektenov pays working visit to Bishkek
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Addressing those present the Head of State said the country is preparing to host the Astana SCO Summit which is of great importance for Kazakhstan.
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