By the data of SAK a national debt of Kazakhstan on July 01 - 425 billion tenges
/IRBIS, Oct.20, 99/ - In the next report the Statistics Agency of Kazakhstan has shown the data on the external and internal debt of Kazakhstan as of July 01 of the current year. According to these data, the whole governmental debt on this date makes 425.1 billion tenges, including 323.2 billion tenges of the external debt and 101.9 billion tenges of the internal one.
01.07.99 01.04.99 01.01.99
-------------------- -------- -------- -------- The internal debt 101.949 76.256 83.910 The external debt 323.174 215.699 203.675 including Euronotes 72.050 48.125 46.090 -------------------- -------- -------- -------- The debt all 425.123 291.955 287.585 -------------------- -------- -------- --------
The Agency informs, that on July 01, 1999 total volume of state securities, issued by the Ministry of Finance and the National Bank of Kazakhstan, has made 164.4 billion tenges, 43.8% from them belong to Euronotes.
In the report of agency is told, that in the internal debt a main share (33.8%) belong to MEAKAM (they are in the National Bank management, i.e. they are the Bank's property), and 31.3% are the special currency state bonds АVМЕКАМ.
Do not dispute with the indicated official information, the IRBIS agency shows its own data on the internal and external debt in state securities (billion tenges):
30.09.99 30.06.99 31.03.99 31.12.98
----------------- -------- -------- -------- -------- The internal debt 83.384 71.512 69.843 85.942 Euronotes 48.456 72.770 72.559 46.200 --------------- -------- -------- -------- -------- Total in SS 155.943 144.282 118.300 132.142 --------------- -------- -------- -------- --------
As against official statistics the indicated parameters are received from databases of IRBIS and KASE based on daily granted information of the Ministry of Finance, the National Bank and Central depositary of securities (on the base of it the State Securities trades on KASE are conducted). At that transfer of dollar assets in tenge is made under the acting rules of State Securities placement and redemption, the Euronotes are calculated at the average weighted USD/KZT market rate, acting on the indicated date.
It is remarkable, that the indicated sums of the debt do not include the sums of compensation, which the state should pay to the SS holders.