The government of Kazakhstan passed the draft of the budget 2001 tothe Majilis on September 15
/IRBIS, Sep.18, 00/ - REUTERS informs, with the reference to the deputy of the lower house of the parliament, the Majilis, Isakhan Alimjanov, that on Friday evening the government passed the draft of the budget 2001 to the parliament.
The government expects the budget deficit to fall down to 2.2% of GDP from 3.0% during this year due to a growth of revenues.
Following are the draft of the budget 2001 and corrected budget of the current year, presented by the agency:
2001/2000 2001 2000 (%)
---------------------------------------------------------------------------- Deficit (bln, KZT/% of GDP)* 55.800/2.2 63.800/3.0 -14.3 Revenues (bln KZT) 320.637 286.423 +11.9 Transfers (withdrawals) 78.865 52.582 +49.9 Loan repayments 6.746 1.272 - Expenses 427.990 376.041 +13.4 Financing 34.058 28.036 +21.5 ---------------------------------------------------------------------------- EXPENSES General state services 34.088 25.542 +33.0 Defense 30.946 16.524 +87.0 Social order and security 30.986 27.160 +14.0 Education** 19.125 14.494 - Health maintenance 9.417 7.954 - Social security and benefits 148.654 144.661 +2.7 Culture, sports and information 5.301 4.586 +16.0 Agriculture, water, forestry, fishing and environment protection 14.756 10.199 +45.0 Industry, energy, construction, mineral resource extraction 8.144 5.748 +42.0 Transportation and communication 31.756 19.587 +62.0 Minimum pension (KZT) 3.955 3.500 +13.0 ---------------------------------------------------------------------------- REVENUES Tax collections 238.162 197.800 +20.0 Non-tax collections*** 38.061 28.539 +33.0 Income from operations with the capital 44.413 60.084 -27.0 Official transfers 78.865 52.582 +49.9 Repayment of the debt from the budget on previously granted loans 6.746 1.272 - ----------------------------------------------------------------------------
* Budget deficit is calculated as the difference between the revenues, including transfers (withdrawals), repayment of loans and the expenses, including financing. ** Health maintenance and education articles are shown here without local budgets. *** Increase due to the creation of new articles: - revenues from the sales of arms and military equipment - KZT3.00 bln;
- revenues from renting military testing sites - KZT4.20 bln;
- rent of the Baikonur space launch site - KZT17.56 bln. **** In 1997-2000 loans granted from the budget equaled KZT104.07 bln.