Surplus of Kazakhstan budget in 2002 - 0.03% of GDP

/REUTERS, Almaty, February 17, 03/ - Statistics Agency of Kazakhstan informs that surplus of Kazakhstan budget, in accordance with online data of the Ministry of finance, equaled in 2002 to KZT0.99 bn, or 0.03% of GDP. First the budget was made up with deficit equaling to 2.3% of GDP. Preliminary data of the Ministry of finance were the evidence of deficit equaling to 0.11% of GDP. Budget of 2003 comprises deficit in the amount of 2.0% of GDP or KZT82.8 bn. Inflows into the state budget in 2002 equaled to KZT821.1 bn in comparison with KZT746.6 bn in 2001, expenses including credits - KZT820.2 bn in comparison with KZT759.6 bn one year before. Following is performance of the state budget in 2002: ----------------------------------------------------------------- State budget % of GDP of Kazakhstan KZT billion in current prices ----------------------------------- ----------- ----------------- Revenues 821.153 21.9 including: Tax collections 750.777 20.0 Non-tax collections 47.574 1.3 Income from operations with capital 9.494 0.3 Expenses 820.162 21.9 Budget surplus 0.991 0.03 ----------------------------------------------------------------- Weighted average rate of tange relative to US dollar in 2002 was 153.86 per $1. [2003-02-17]