Budget expenditures to increase by 2,6% next year
17:40, 15 September 2014
ASTANA. KAZINFORM "The national budget expenditures will grow up by 2,6% in 2015 against 2014," Kazakh Finance Minister Bakhyt Sultanov said representing the draft law On the national budget for 2015-2017 in Astana.
"The 2015 budget expenditures are projected up to KZT 7 trillion 307 billion that is 2,6% more as compared to the current year. Expenditures will go up by 6,7% in 2016 against 2014 to make KZT 7 trillion 797 billion, and KZT 8 trillion 100 billion in 2017. "The budged deficit will decrease from 2,2% to GDP in 2015 to 1,7% to GDP in 2017. The budget shortfall will make KZT 998 bln in 2015, KZT 1 trillion 59 billion in 2016, and KZT 973 bln in 2017," he added.