Assessment of the balance of payments of the Republic of Kazakhstan for the first quarter of 2011

/IRBIS, June 30, 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 Republic of Kazakhstan (mln. USD) -------------------------------------------------------------------------------- 1 q. of 2011 1 q. of 2010 2010 (fact) --------------------------------------------------------- ------------ --------- Current account 4,388.3 2,776.6 4,319.0 Trade balance 11,334.2 8,014.9 28,881.4 Exports 18,717.7 13,616.8 60,837.9 Import -7,383.5 -5,601.9 -31,956.5 Services balance -1,062.7 -1,435.5 -7,053.1 Exports 924.4 903.1 4,244.6 Import -1,987.1 -2,338.6 -11,297.7 Remuneration of labor balance -390.8 -338.1 -1,345.7 Balance of investment incomes -5,589.6 -3,481.7 -15,729.0 Including Remuneration on reserves and assets of the National Fund 234.9 179.2 827.8 Income from direct investments, net -5,374.9 -3,298.1 -14,922.9 Current transfers balance 97.1 17.0 -434.6 Account of operations with capital and 3,739.3 1,158.1 415.8 finance Balance of account of operations with capital 2.1 2,501.5 7,888.2 Direct investments 2,770.0 3,390.6 2,155.1 Direct foreign investments -1,443.2 -19.0 -7,805.9 Direct investments in Kazakhstan 4,213.2 3,409.6 9,961.0 Portfolio investments 308.4 3,914.6 8,712.0 Assets -2,206.3 -849.2 -7,166.0 Liabilities 2,514.8 4,763.8 15,878.0 Mid-term and long-term credits and loans -521.9 -7,029.7 -8,948.8 Assets 465.7 155.6 3,848.4 Liabilities -987.6 -7,185.3 -12,797.2 Other short-term capital 1,174.3 -1,686.7 -10,810.3 Reserve assets of the National Bank -6,319.6 -4,278.0, -4,734.7 --------------------------------------------------------------------------------- [2011-06-30]