Nazarbayev signed amendments to Republican budget-2007
Astana. July 5. Kazakhstan Today - The President of Kazakhstan Nursultan Nazarbayev signed the law on amendments and additions to the law of the Republic Kazakhstan on the Republican budget for 2007, the president's press service informed on Thursday. As it was informed earlier, in connection with realization of the assignments given by the President of the state in the Message New Kazakhstan in the New World, the government suggested increasing deficit of the Republican budget-2007 by 126 billion KZT - up to 271.2 billion KZT (2.2 % of GDP). The forecast of receipts to the budget has been specified by government towards increase: by 76.5 billion KZT - up to 2088.1 billion KZT, or 16.8 % of GDP. The expenditures of the budget was supposed to remain at the level of 18 % of GDP -2359.2 billion KZT. After discussion of the amendments to the Chambers of the Parliament the altered budget was accepted with the following parameters: general income - 2098.2 billion KZT, expenditures - 2369.4 billion KZT, budget deficit - 271.2 billion KZT (2.2 % of GDP).
Resourse: Kazakhstan Today