Emblem
Official Source of the
Prime Minister of the
Republic of Kazakhstan
Menu
Emblem
Close button

Revenues plan of state budget implemented by 102.9% — Ministry of Finance

Tuesday, 09 June 2020, 10:22:51

At the government session chaired by Prime Minister Askar Mamin, the Minister of Finance Yerulan Zhamaubayev reported on the implementation of the state budget of the Republic of Kazakhstan for 5 months of 2020.

As Zhamaubayev noted, according to the results of five months of the current year, the state budget received revenues in the amount of 3 trillion 420 billion tenge or the plan was implemented by 102.9%.

In the republican budget of revenues received in the amount of 2 trillion 111 billion tenge, or the plan is implemented at 94.4%. Failure to fulfill the revenue plan amounted to 125 billion tenge.

“On the failure to fulfill the plan, against the background of external factors, the measures taken to support the business, taken during the state of emergency, influence,” said Zhamaubayev.

The decrease in tax revenues began in April and continued in May 2020. The largest decrease in entrepreneurial activity, according to the IP Electronic Invoices, falls on wholesale and retail trade.

Turnover in the sale of goods fell by 54% or 1.2 trillion tenge compared to May 2019.

Prices for major export items decreased on average by 16.4% compared with the 5 months of 2019 and by 13.2% since the beginning of the year. This has affected tax revenues from the mining industry.

The plan for export customs duty for crude oil was not executed for 4 billion tenge. This is due to the ETP rate set to 0 for May 2020, as the average oil price in April was below $25 per barrel.

Own revenues of local budgets were executed by 120.4% and amounted to 1 trillion 309 billion tenge. The plan is overfulfilled by 222 billion tenge. Of these, 224 billion tenge in taxes. In all regions, revenue plans are overfulfilled. Expenditures of the state budget were fulfilled by 97.9%, the republican — by 98.9%, local budgets — by 97.2%. Republican budget expenditures amounted to 5 trillion 620 billion tenge. Not executed — 61 billion tenge.

“The main reasons for not mastering: long and untimely conducting competitive procedures, payment for the actually rendered volume of services, work performed, long conducting procedures for concluding agreements, long approval of documents for payment,” said Zhamaubayev.

Local budget expenditures amounted to 2 trillion 606 billion tenge.

Seventy-five billion tenge were not implemented. This year, the regions are provided with targeted transfers in the amount of 2 trillion 317 billion tenge. According to preliminary data, as of June 1, they allocated 671 billion tenge. Of these, 96% or 643 billion tenge were disbursed. Not implemented — 28 billion tenge. Of these, savings — 8 billion tenge, not mastered — 20 billion tenge.

In addition, Zhamaubayev said that over the past 5 months, cameral control covered about 952 thousand public procurement procedures in the amount of 6.5 trillion tenge. Following the results of inspections, violations in the amount of 535 billion tenge were warned. Conducted 746 audit events. The audit covered 494 billion tenge of budget funds. Financial violations amounting to 101 billion tenge were identified.

“Violations of 94 billion tenge were eliminated by restoring the supply of goods, providing services and performing work, reimbursing the budget and reflecting accounting. To improve and increase the efficiency of the audit facilities, 675 recommendations are given. Of these, 548 were executed,” the minister informed.

The implementation of the comprehensive privatization plan for 2016-2020 has been completed by 93%. In 2020, it is planned to realize 70 objects. Of these, 40 are for sale. During the reporting period, 6 objects were sold in the amount of 3.2 billion tenge. 34 objects are put up for auction. 4 objects are aimed at reorganization and liquidation. 26 objects will be put up for sale before the end of the year.


News feed
17 September 2021, 17:04
Askar Mamin's working trip to Almaty region: Agro-industrial complex, logistics, pharmaceuticals, tourism
17 September 2021, 13:22
Briefing to be held on measures to implement Address of the Head of State Kassym-Jomart Tokayev of Sep. 1, 2021
16 September 2021, 17:01
Askar Mamin inspects infrastructure development in Almaty
15 September 2021, 16:16
Prime Minister Askar Mamin chairs meeting of Investment Headquarters
15 September 2021, 12:23
Sholpan Karinova appointed First Vice Minister of Education and Science of the Republic of Kazakhstan
14 September 2021, 12:06
Growth in real sector of Kazakhstan for 8 months of 2021 amounted to 3.5%
14 September 2021, 11:14
UAPF pension assets in late August 2021 amounted to 12.9 trillion tenge, having increased from early 2021 by 52 billion tenge — Erbolat Dossaev
14 September 2021, 10:19
Government considers readiness of regions for heating season
14 September 2021, 09:53
Kazakhstan’s economy reaches pre-pandemic levels — Askar Mamin
14 September 2021, 09:30
Sanitary and epidemiological situation in Kazakhstan improving
13 September 2021, 15:44
Government session to be held Sep. 14 in Ukimet Uyi
13 September 2021, 15:01
Askar Mamin discusses implementation of joint projects in Kazakhstan with representatives of German business
13 September 2021, 13:45
Kazakhstan prepares second site for production of COVID-19 vaccines
13 September 2021, 10:54
Yerlan Kozhagapanov appointed Advisor to Prime Minister of Kazakhstan
13 September 2021, 10:37
Yerlan Kozhagapanov relieved as Vice Minister of Culture and Sports of the Republic of Kazakhstan
10 September 2021, 22:55
Development of CVI epidemiological situation in Almaty considered at republican headquarters
10 September 2021, 16:56
Government delegation headed by Yeraly Tugzhanov visits Korday district
10 September 2021, 15:40
Askar Mamin introduces new Minister of Ecology, Geology and Natural Resources Serikkali Brekeshev
10 September 2021, 15:05
Agriculture, industry, tourism — socio-economic development indicators of Akmola region show growth in all sectors
10 September 2021, 08:50
Government delegation headed by Deputy Prime Minister Yeraly Tugzhanov visits Zhambyl region
09 September 2021, 18:29
Prime Minister Askar Mamin introduces new Minister of Energy Magzum Mirzagaliyev
09 September 2021, 15:40
Askar Mamin inspects progress of harvesting and forage preparation in Akmola region
08 September 2021, 12:41
Medical insurance in Kazakhstan, anti-epidemiological measures and Healthy Nation Project — as discussed at the collegium of the Ministry of Healthcare
07 September 2021, 19:32
Prime Minister Askar Mamin introduces new akim of Mangystau region, Nurlan Nogayev
07 September 2021, 11:28
Government to develop draft law on returning frozen collateral assets to economic circulation — Aset Irgaliyev
07 September 2021, 11:24
Anti-inflationary regulation: Government proposes measures to reduce prices for food, gasoline and housing
07 September 2021, 10:35
Government approves Anti-inflationary Response Package
07 September 2021, 10:22
Government adopts National Plan for Implementation of Address of the Head of State to People of Kazakhstan
06 September 2021, 15:31
Government session to be held Sep. 7 in Ukimet Uyi
06 September 2021, 12:03
Mazhit Sharipov appointed Chair of Management Board of NAC Kazatomprom JSC
04 September 2021, 12:47
S&P affirms Kazakhstan’s pre-pandemic credit rating
03 September 2021, 14:54
Alikhan Smailov participates in meeting of Interdepartmental Commission on foreign trade policy
03 September 2021, 14:41
Kazakhstan to switch to GovTech platform model of digitalization
02 September 2021, 20:55
Yeraly Tugzhanov chairs meeting of Biosafety Council
02 September 2021, 18:54
Prime Minister Askar Mamin discusses implementation of joint projects in Kazakhstan with leadership of Airbus
02 September 2021, 14:51
Kazakhstan has real opportunity to become digital Hub in the center of Eurasia — Bagdat Mussin
02 September 2021, 14:04
It is planned to build 200 schools in Kazakhstan within 4 years — Ministry of Education and Science
02 September 2021, 13:21
President’s Address: Mechanism for supporting civil initiatives in rural areas to be developed in Kazakhstan
02 September 2021, 13:17
Responsible state body for unified control over food prices to be determined in Kazakhstan — Ministry of Trade and Integration
02 September 2021, 12:15
Kazakhstan plans to develop new approaches to development of atomic and hydrogen energy — Nurlan Nogayev
02 September 2021, 12:10
By 2025, 9 new reservoirs to be built in 6 regions of Kazakhstan — Mirzagaliyev
02 September 2021, 12:04
President’s Address: Increase in minimum wage to raise incomes of 1 million 650 thousand employees
02 September 2021, 11:51
Thanks to systemic measures, areas for cultivatting fodder crops to be doubled in Kazakhstan — Karashukeyev
02 September 2021, 11:28
President’s Address: It is planned to open medical centers in 137 rural support settlements
02 September 2021, 11:09
By 2025, the country's population to be 100% provided with high-quality drinking water — Beibut Atamkulov
02 September 2021, 10:30
By the end of 2025, share of state participation in economy to be reduced to 14% of GDP — Zhamaubayev
02 September 2021, 10:09
Implementation of President’s Address to become a factor in improving quality of life of the population — Askar Mamin
02 September 2021, 09:54
Kazakhstan plans to introduce countercyclical fiscal rule limiting volume of transfers from National Fund — Erbolat Dossaev
02 September 2021, 09:32
Possibility of creating Fund for Supporting Creative Industry to be considered in Kazakhstan — Ministry of National Economy
01 September 2021, 18:11
Malik Olzhabekov appointed Vice Minister of Digital Development, Innovation and Aerospace Industry of the Republic of Kazakhstan
© 2019 - 2021 Press service of the Prime Minister of the Republic of Kazakhstan.
Developed by SoftDeCo.