Majilis approves draft state budget for 2010-2012
ASTANA. October 21. KAZINFORM. /Muratbek Makulbekov/ A draft law on the state budget budget for 2010-2012 has been considered at a plenary sitting of the Majilis of the Kazakh Parliament today. Kazakh Minister of Economy and Budget Planning noted that keeping a rate of corporate income tax at the level of 20% in 2010-2012 will allow to get KZT 84 billion more in 2010, KZT 100 billion in 2011 and KZT 220 billion in 2012. "Budget revenues in 2010 are expected in the volume of KZT 3.189 trillion. Thus the growth will make 16.2% as compared to the current year", the Minister said. According to him, budget expenditures are planned to make KZT 3.910 trillion in 2010.