National budget deficit forecasted at 113.8 billion KZT

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10:41 23.08.2005
text: "Kazakhstan Today"
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The national budget deficit is forecasted at 1.4% of GDP or 113.8 billion KZT in 2006. Kairat Kelimbetov, minister of economy and budget planning, has stated this today, August 23, at a government meeting, KZ-today correspondent reports.

The overall state revenue is forecasted at 1 trillion 469.4 billion KZT, or 18.2% of the GDP, which is 224 billion or 18% more than this year. It will consist mainly of the tax income, expected to rise by 189.8 billion KZT from 2005 and reach 1 trillion 280.4 billion KZT. The non-tax income is expected at 37.7 billion tenge.

The budget expenditures are expected at 1 trillion 583.2 billion KZT or 19.6% of GDP in 2006.