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Kazakh Majilis moots draft law On Republican Budget 2007

Kazakhstan Materials 8 September 2006 12:31 (UTC +04:00)

(Kazinform) - Today the Majilis of the Parliament of Kazakhstan hosts a presentation of the bill On Republican Budget 2007. Vice Minister Karim Massimov makes a report.

Forecast of the main national measures of the countrys socio-economic development for 2007 is characterized as follows: GDP is predicted up to KZT 11 trillion 808 billion or with real growth by 8.6%, reports Trend.

Consumer Price Index will make 5-7% on an average. In the year of 2007 total value of budget receipts will amount to KZT 1 trillion 982 billion, 16.7% to GDP, expenses will hit KZT 2 trillion 115 billion, 17.8% to GDP.

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