During the plenary session of the senate deputies started examining changes and additions into the republican budget for 2003
26.05.03 00:00
/Kazakhstan today, May 26, 03/ - Today, on May 26 during plenary session of the
senate deputies started examining changes and additions into the republican
budget for 2003, a correspondent of KZ-today informs from Astana.
As was informed before, over-fulfillment of inflows on the republican budget of
2003 had equaled to KZT72.6 bn. The specified forecast of the republican
budget's revenue was KZT632.6 bn. that is more by 69.7 bn. than the plan. At
that, tax inflows are specified with growth by KZT67.7 bn., non-tax - with
growth by KZT1.9 bn. Revenues from operations with capital are forecasted with
growth against the confirmed plan, which said about growth by KZT0.16 bn.,
specified forecast concerning credits repayment is planned with growth against
the plan by KZT2.9 bn.
In accordance with changing of forecast of tenge's rate relative to US dollar
from 161 to 154 tenge there appears economy in the amount of KZT6.2 bn. due to
the assumed decrease of expenses concerned with servicing the government's debt
and other expenses, which are made in terms of dollar. Thus, as the whole
resource part for growth of expenses was KZT78.8 bn.
Main changes in the supply will be spent for realization of measures, which
follow from the message of the country's head (KZT65.1 bn.). Including, for
growth of minimal size of pensions and differentiated increase depending on
seniority it's planned to spend KZT19.4 bn. For foundation of new and
strengthening of existing state institutions of development KZT45.7 bn. are to
be spent, including: Kazakhstan investment fund - KZT23 bn., Innovation fund -
KZT3 bn., State insurance corporation on export insurance - KZT7.7 bn.,
Development Bank of Kazakhstan - KZT12 bn. (of them KZT7.7 bn. for increasing
of authorized capital, KZT4.3 bn. for replenishment of credit resources). 3 bn.
from remaining KZT13 bn. are spent for building of objects in Astana, KZT2 bn.
- for building of roads in West Kazakhstan, KZT1 bn. - for participation in
authorized capital of Building- society savings bank.
In compliance with acting legislation, voting on changes and additions into the
budget will be held at the joint conference of chambers of the parliament,
which has been called for May 30.
[2003-05-26]