Kazakh Majilis OKs republican budget for 2015-2017

ASTANA. KAZINFORM - The plenary session of Majilis, lower chamber of the Kazakh Parliament, has approved the bill "On republican budget for 2015-2017" today.

photo: QAZINFORM

Minister of National Economy Yerbolat Dossayev introduced the bill "On republican budget for 2015-2017" to members of the Parliament. "Republican budget income is to amount 4,159 trillion tenge in 2015, 4,606 trillion tenge - in 2016 and 4,971 trillion tenge in 2017. Budget deficit will make 997,1 billion tenge in 2015, 1, 59 trillion tenge - in 2016, and 972 billion tenge in 2017," Minister Dossayev said introducing the bill. According to the minister, republican budget expenditures will total 7,855 trillion tenge in 2015, 8,42 trillion - in 2016 and 7,943 trillion - in 2017 not taking into account additional $3 billion allotted from the National Fund for further implementation of the new economy policy "Nurly zhol" (Path to the future). Earlier it was forecasted that republican budget expenditures will amount to 7,306 trillion in 2015, 7,796 trillion - in 2016 and 8,99 trillion - in 2017.