Life in Rural Kyrgyzstan
Kazakhstan|economy|June 11, 2019 / 11:47 AM
Government of Kazakhstan informs about budget execution results for January-May 2019

AKIPRESS.COM - Prime Minister of Kazakhstan Askar Mamin at a government meeting today reported on state budget execution results for 5 month in 2019, the press service of the PM said.

 According to the data of the Ministry of Finance Alikhan Smailov, the income increased at all levels of the budget: the state budget — 115%, the republican budget — 119%, and the local budget — 106%.

During the reporting period, the state budget received revenues of 3.8 trillion tenge, which is 105.4% of the plan. Compared to the same period in 2018, budget revenues increased by 510 billion tenge. Revenues of the republican budget amounted to 2.8 trillion tenge. The plan was exceeded by 2.7% or 73 billion tenge.

“The overfulfillment is mainly accounted for taxes. The following key factors influenced this: the growth of export customs duty rates and the growth of production of goods and services in several industries,” Smailov said.

The plan for local budget revenues exceeded 120 billion tenge and amounted to 1.2 trillion tenge, or 113.4%.

Cost execution has improved compared to the five months of 2018. Expenditures of the republican budget were implemented for 4.9 trillion tenge. Compared with five months 2018, the expenditures amounted to more than 1.2 trillion tenge.

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