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Nazarbayev approves amendments in state budget for 2011-2013

Business Materials 19 October 2011 17:56 (UTC +04:00)
Kazakh President Nursultan Nazarbayev has signed today the law on making amendments and supplements into the law on Republican Budget for 2011-2013 to make precise indicators of socio-economic development
Nazarbayev approves amendments in state budget for 2011-2013

Azerbaijan, Baku, Oct. 19 / Trend E.Kosolapova /

Kazakh President Nursultan Nazarbayev has signed today the law on making amendments and supplements into the law on Republican Budget for 2011-2013 to make precise indicators of socio-economic development, the President's press office reported.

The updated national budget for 2011 forecasts income (excluding transfers) in the amount of 3.035 trillion tenge, or an increase by 190.7 billion tenge over the running budget (2.844 trillion tenge).

The updated budget for 2011 designed expenditures in the amount of 5.170 trillion tenge compared to 4.952 trillion tenge in previous budget. Social expense is supposed to increase by 40.8 billion tenge. Agricultural development will take 38.8 billion tenge, development of housing and communal services and construction - 39.1 billion tenge, including 8.3 billion for shareholders' problems resolution.

Approximately 130.5 billion tenge will be spent on tackling regional issues.

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