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Proceeds from raw materials sector account for quarter of Kazakh state budget revenues

Business Materials 3 March 2014 16:25 (UTC +04:00)
The proceeds from the raw materials sector account for almost quarter of Kazakhstan’s state budget revenues.

Astana, Kazakhstan, March 3

By Daniyar Mukhtarov - Trend:

The proceeds from the raw materials sector account for almost quarter of Kazakhstan's state budget revenues, chairman of the Tax Committee of the country's Ministry of Finance Anuar Dzhumadildayev said on March 3 at a briefing at the Central Communications Service under the president on Kazakhstan.

"The proceeds from the raw materials sector accounted for 24.2 percent of the total volume of proceeds in 2013," Dzhumadildayev said.

It was earlier reported that Kazakhstan exports raw materials such as oil, gas, metals and ores.

The proceeds from the non-raw materials sector to the country's state budget increased for the first time as of 2013, according to the committee chairman.

"The share of proceeds from the enterprises of the non-raw materials sector to the country's budget has increased. Enterprises of the non-raw materials sector account for 75.5 percent of the total volume of proceeds as of 2013. (increase by 2.3 percentage points)," the committee head said.

The revenues of the state budget totaled three trillion and 384.1 billion tenge ($1= 184.08 tenge), according to Dzhumadildayev.

"The plan has been implemented by 102.3 percent (or some $ 76.9 billion tenge worth proceeds in excess of the plan)," the committee head said.

Translated by L.Z.

Edited by C.N.

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