281.1 billion tenges came in the budget of Kazakhstan from January 01 till November 18

/IRBIS, Nov.19, 99/ - Zejnulla Kakimzhanov, the Minister of the public revenues of Kazakhstan has informed at the press-conference, that the budget receipts has reached on November 18, 1999 of 281.067 billion tenges, without the Baikonur lease payment. Prognostic value was 292.789 billion tenges. The minister has informed about approximately five-percentage monthly increase in the tax and untax receipts. For example, in October, 1999 the sum of budget receipts has made 35.1 billion tenges in comparison with 33.5 billion in September. In May the corresponding parameter has amounted to 26.0 billion, in January - to 15.5 billion tenges. In the first half of November the budget has received by 13% more, than in the similar period of October. Thus, the speed of the budget income increasing do not change. As the main reasons of growth Zejnulla Kakimzhanov specifies the introduction of the floating exchange rate in April 1999 and improvement of the tax collection. The latter, in his opinion, was stipulated in a large measure by implementation of the electronic monitoring of the largest export enterprises. Besides the administrative measures were toughened. The figures are indicated: in October the budget receipt from the major concerns has increased to 12.98 billion tenges were increased, compared to 3.5 billion tenges in January. IRBIS's information: From the beginning of 1999, by an average weighted market rate, tenge toward dollar devaluated by 64.5%, that corresponds to an monthly average devaluation of 6.5%. From July 01, 1999 till November 18 world prices of the Kazakhstan export's main articles have grown essentially: oil - by 66%, copper - by 23%, zinc - by 19%; titanium - by7%.