Preliminary assessment of the balance of payments of the Republic of Kazakhstan for the first quarter of 2011

/IRBIS, May 4, 2011/ - National Bank of Kazakhstan issued a preliminary assessment of the balance of payments of the Republic of Kazakhstan for the first quarter of 2011 Balance of Payments of the Republic of Kazakhstan (in million USD) ---------------------------------------------------------------------------- first 2011 quarter 2010 (estimate) of 2010 (fact) ---------------------------------------------------------------------------- Current account 4,842.8 2,776.6 4,319.0 Trade balance 11,149.0 8,014.9 28,881.4 Export 18,499.1 13,616.8 60,837.9 Import -7,350.1 -5,601.9 -31,956.5 Balance of cervices -1,449.4 -1,435.5 -7,053.1 Export 954.4 903.1 4,244.6 Import -2,403.8 -2,338.6 -11,297.7 Balance of wages -17,074.7 -5,006.7 -3,819.8 The balance of investment income Interest on reserves and assets of the National Fund of Kazakhstan 234.9 179.2 827.8 income from foreign direct investment -4,519.2 -3,437.3 -15,351.5 Current transfers 150.0 17.0 -434.6 Capital account and financial 1,476.7 1,501.4 415.8 Balance of capital account 6.0 2,501.5 7,888.2 Direct investment 2,567.8 3,390.6 2,155.1 foreign direct investment -632.5 -19.0 -7,805.9 direct investment in Kazakhstan 3,200.3 3,409.6 9,961.0 Portfolio investment -62.8 3,914.6 8,712.0 assets -2,554.5 -849.2 -7,166.0 liabilities 2,491.7 4,763.8 15,878.0 The average-and long-term investments -428.7 -7,029.7 -8,948.8 assets 598.6 155.6 3,848.4 liabilities -1,027.3 -7,185.3 -12,797.2 Other short-term capital flows -605.5 -1,275.6 -9,390.8 (Incl. errors and omissions) Changing the reserve assets of the NBK -6,319.6 -4,278.0, -4,734.7 National Bank of Kazakhstan ---------------------------------------------------------------------------- [2011-05-04]