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Expenditures of Kazakhstan’s state budget increase

Business Materials 21 June 2018 17:47 (UTC +04:00)

Baku, Azerbaijan, June 21

By Ali Mustafayev – Trend:

Expenditures of the state budget of Kazakhstan amounted to 3.3 trillion tenge in January-April 2018, which is 11.7 percent more compared to the same period of the previous year, Finprom reported.

In the mentioned period, the main areas of budgetary expenditures accounted for social assistance and social security - 875 billion tenge (an increase of 19.8 percent year over year), education - 577.2 billion tenge (an increase of 6.7 percent year over year) health care - 435.4 billion tenge (an increase of 25.8 percent year over year).

Expenditures on wages, in turn, amounted to 412.5 billion tenge, which is 6.7 percent more, compared to the same period of the previous year (386.6 billion tenge).

In 2017 Kazakhstan’s state budget expenditures amounted to 12.5 trillion tenge, which exceeded expenditures of 2016 by 32.3 percent.

Over the past 5 years, the country’s budget expenditures have increased by 2 times.

($1 = 341 tenge on June 21)

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