Baku, Azerbaijan, Dec. 20
By Elena Kosolapova – Trend:
Revenues of Kazakhstan’s state budget, excluding transfers, increased to 5.8 trillion tenges in January-November 2016, according Finance Ministry’s report published Dec. 20.
The state budget revenues increased by 31.8 percent or 1.398 billion tenges, republican budget revenues rose by 41.1 percent or 1.195 billion tenges, and local budget revenues grew by 13.6 percent or 203 billion tenges in January-November 2016 compared to the same period of 2015.
In the reporting period, the state budget revenues surpassed the target level by 396 billion tenges, republican budget revenues – by 255 billion tenges, and local budget revenues – by 131 billion tenges.
It is expected that the tax revenue target will be over fulfilled by 250-300 billion tenges in January-December 2016, allowing avoiding attraction of a transfer from the National Fund, the report said.
State budget expenditures increased by 20 percent reaching almost 9 trillion tenges in January-November.
(334.88 tenges = $1)
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