Kazakh Government Approved A List Of Priority State Budget Investments For 2017

Kazakh Government Approved A List Of Priority State Budget Investments For 2017

A draft decree of the Government of the Republic of Kazakhstan “on implementation of the Law of the Republic of Kazakhstan” On republican budget for 2017 – 2019″ was considered at a meeting of the Government chaired by Prime Minister Bakhytzhan Sagintayev, the press service of the Kazakh PM said.

According to Minister of Finance Bakhyt Sultanov, a draft decree was formed in accordance with the requirements of the Budget Code, and includes the distribution of the amounts of target transfers to local executive bodies in the amount of 377.3 billion tenge; list of priority republican budget investments in the amount of 250.1 billion tenge for 2017; list of priority republican budget investments, with the suspensive conditions in the amount of 113.1 billion tenge; list of state targets in the amount of 147 products totaling 438.6 billion tengefor 2017.

“In addition, the annual increase in scheduled appointments relevant budget programs by a total of 1.5 bln tenge of the republican budget surpluses in 2016 was considered. Also, the draft Regulation includes non-use in 2017 by local executive bodies of the amounts of target transfers on development allocated from the republican budget in the amount of 4.2 billion tenge in 2016,” Sultanov said.

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