External trade turnover of Kazakhstan’s Turkestan up by 35%

Baku, Azerbaijan, July 26

By Leman Zeynalova - Trend:

External trade turnover of Kazakhstan’s Turkestan province has increased by 35 percent in the first half of 2018, said head of the state revenues department of Turkestan province Alibek Tlegenov.

"The budget plan was fulfilled by 103 percent and the revenues amounted to 151 billion tenges in the first six months of 2018. The region’s external trade turnover amounted to $1.249 billion, which is by $322 million or 35 percent more compared to the same period of 2017," he said, according to a message on the website of Turkestan province.

Tlegenov noted that additional internal reserves were disclosed as a result of the work carried out by the local executive authority and relevant bodies, which ensured the flow of 13.2 billion tenges to the budget.

Governor of the region Zhanseit Tuimebayev, for his part, said that the economic development of the region, security, well-being of the population largely depends on timely receipt of tax and other payments into the budget.

Tuimebayev pointed out that 80 percent of budget revenues of Turkestan region comes in the form of subsidies. “In order to reduce the subsidies, we need to pay taxes on time.”

The volume of industrial production in Turkestan region in the first half of the year stood at 213.2 billion tenges.

This is while the volume of electricity, gas, steam supply and air conditioning amounted to 16 billion tenges during the reporting period.

Flour production in Turkestan in H12018 has increased by 36.2 percent (190,300 tons), cotton fiber - 36.1 percent (27,700 tons), lime - by 26.4 percent (48,000 tons), refining - by 5.4 percent (100,200 tons).

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