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Government to borrow $500 million from Asian Development Bank to finance budget deficit
17:49 20.10.2009
text: "Kazakhstan Today" views: [49] Related articlesState budget income totaled 800 billion KZT More than 4 trillion KZT received by budget in 2008 Kazakhstan Plans to Double Oil-Export Tax Next Year to Narrow Budget Gap Government suspended financing of budgetary programs for 84 billion KZT
He also said, "As a whole, the level of government's external debt is safe, but there is a question about the size of the budget deficit."
"The budget deficit this year will be increased up to 4.1 % of GDP and since 2011 it will be decreasing down to 3.8 % and further to 3.5 %," B. Zhamishev said.
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