Kazakhstan’s budget replenished by a 3.2-trillion-tenge tax revenue - News | BNews

Kazakhstan’s budget replenished by a 3.2-trillion-tenge tax revenue

11 July, 13:35 120
Kazakhstan’s budget replenished by a 3.2-trillion-tenge tax revenue

The total amount of revenues to the state budget over the five months has reached 4.4 trillion tenges, that is by 4.4% higher that a year ago.

The tax revenues replenished the budget of the country by 3.2 trillion tenges, that is by 12.5% (350.6 billion tenges) higher than a year ago, finprom.kz reports.

The transfer revenues have reached 1.07 trillion tenges that is 11% less than over the same period of 2017 – 1.2 trillion tenges. The non-tax revenues have decreased by 36.1% and make up 89.1 billion tenges against 139.4 billion tenges a year ago.  

The increase of revenues from the sale of the capital stock was the biggest one – 55.7%, and in monetary terms it is only 12.2 billion tenges that finally made up 37.2 billion tenges (a year ago – 23.9 billion tenges).

The revenues of the state budget from the sales of the capital stock include the sales of public property of state institutions – 28.1 billion tenges (16.8 billion tenges – a year ago), the sales of land and non-material assets – 7.7 billion tenges (a year ago – 6.9 billion tenges) and the sales of the commodities of the state material reserve – 1.4 billion tenges (a year ago – 124 million tenges).

For January-May of 2018, the biggest amount from the sales of public property over the last 5 years (the same period) has been reached – 37.2 billion tenges, a year ago – 23.9 billion tenges.

In general, the revenues to the state budget increase year-by-year and over the last 5 years the amount of revenues has increased by 65.9% or 1.7 billion tenges. On average, over the period of January-May, the growth paces of the budget’s revenues in the multi-year trend made up 11.5%. 

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