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President signed Law on amendments and additions to Law on Republican Budget for 2008

Almaty. October 29. Kazakhstan Today - The President of Kazakhstan, Nursultan Nazarbayev, signed the Law on amendments and additions to the Law of Kazakhstan on Republican Budget for 2008, the agency reports referring to the official mass media. As it was informed earlier, the bill on amendments and additions to the Law on Republican Budget for 2008 was approved by the government of Kazakhstan on Tuesday, October 21. Kazakhstan Parliament approved the amendment to Republican Budget for 2008 on October 24. "As a whole, the parameters of the republican budget have changed by 607.5 billion KZT ($5 billion) due to the involved transfer from the National fund for formation of the authorized capital of the Fund of National Welfare Samruk-Kazyna and as a result will make: income - 3 trillion 337 billion KZT (21 % of GDP), expenditures - 3 trillion 671 billion KZT (23.1 % of GDP ), deficit remains at the planned level and will make 334.4 billion KZT (2.1 % of GDP), the Minister of Economics and Budgetary Planning, Bahyt Sultanov said at the government session. The President of Kazakhstan, Nursultan Nazarbayev, signed the decree on the merge of Fund of Steady Development Kazyna and Holding on Management of State Assets Samruk into the Fund of National Welfare Samruk-Kazyna on October 13, 2008. The text of the law is published in official mass media.


Resourse: Kazakhstan Today







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