07.12.2010, 12:11 2590

President signed Law on Republican Budget for 2011 - 2013

The President of Kazakhstan, Nursultan Nazarbayev, signed on November 29, 2010 the Law of Kazakhstan on the Republican Budget for 2011 - 2013, the text of which was published today in official mass media, the agency reports.

Astana. December 7. Kazakhstan Today - The President of Kazakhstan, Nursultan Nazarbayev, signed on November 29, 2010 the Law of Kazakhstan on the Republican Budget for 2011 - 2013, the text of which was published today in official mass media, the agency reports.

As informed earlier, income and expenditures of the Republican budget for 2011 have been reduced by 8.3 billion KZT and have amounted accordingly to 4 trillion 41 billion KZT and 4 trillion 643.8 billion KZT. The Republican budget deficit for 2011 has been at the level of 2.8 % of GDP, the Minister of Finance of Kazakhstan, Bolat Zhamishev, informed during consideration of the bill.

According to the minister, the Republican budget's income for 2012 will account for 4 trillion 365 billion KZT and expenditures - 4 trillion KZT 947 billion KZT. The Republican budget income in 2013 will amount to 4 trillion 770 billion KZT and expenditures - 5 trillion 152 billion KZT.

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