Kazakh budget deficit amounted to KZT 554bn (USD 3.8bn) in 2010. Budget revenues made up KZT 3.279tn while expenditures reached KZT 4.238tn (both exceeded plan). Loans (in revenues) made up KZT 102.3bn while sales of state financial assets provided for KZT 700mn. The government expected revenues at KZT 3.378tn while expenditures at KZT 4.182tn. As revenues exceeded plan more substantially than expenditures, deficit came well below projected KZT 803bn (4.1% of projected GDP). |
Kazakhstan is in talks over McDonald's enter to the Kazakh market, President of the Eurasian Franchising Association, Beknur Kissikov has said. He added that the main reasons that McDonald's is ... more
Kazakhstan will establish institute for energy and energy effectiveness, deputy PM and Minister of Industry and New technologies Aset Isekeshev has informed. The new entity should start operating ... more
Kazakhstan plans to diminish oil products imports from Russia, according to Kuandyk Kulmurzin Director of oil industry development department in Oil and Gas Ministry. He explained that the reason ... more