Government intends to compensate for some projects due to tenge rate adjustment
12:13, 11 March 2014
ASTANA. KAZINFORM - The Government of the Republic of Kazakhstan intends to pay compensation for projects requiring immediate funding due to tenge rate adjustment, said the Minister of Economy and Budget Planning Yerbolat Dossayev.
"In order to compensate for losses resulting from tenge rate adjustment, Government recalculated certain articles of the budget expenditures increasing their amount to KZT 40.3 billion. Compensation will be paid on the projects requiring urgent funding in the current year", said Dossayev. He also noted that, compensation for other projects will be considered during budgeting for 2015-2017.