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

Optimized funds to be used to ensure social benefits — Ministry of Finance

Tuesday, 10 March 2020, 16:21:05

Under the current economic conditions associated with external factors, appropriate measures will be taken to ensure the balance and sustainable development of the state budget. The First Vice Minister of Finance Berik Sholpankulov said this during the press conference in the Government.

“In 2020, it is planned to receive 4 trillion 816 billion tenge. It all goes to the National Fund. Revenues in the amount of 1 trillion 19 billion tenge in the form of export customs duty come to the republican budget. If the price of oil is below $25, these payments will be zero, that is, they will not be received. The remaining payments from the oil sector go to the National Fund,” Sholpankulov informed.

In terms of budget refinement, measures will now be taken to optimize costs.

“This will remove expensive purchases of furniture and vehicles, image events will be limited, and non-priority expenses will be sequestered. All these funds will be directed, first of all, to ensure social benefits. Social benefits will be fully paid and state obligations will be fulfilled in a timely manner. In past years, the price of oil fell below $30 per barrel and the budget of the Republic of Kazakhstan very easily and quickly coped with this task, due to the fact that the anti-crisis plan was adopted in a timely manner. All relevant calculations are ready, we are waiting for the results of the first quarter,” said the first vice minister.

According to these expenses, as Sholpankulov noted, preliminary work has been carried out. A roadmap has been approved with step-by-step actions of state bodies, regions and quasi-sector entities, projects and activities that are not priority for the current conditions, which can be postponed to later dates, have been postponed.

It is worth noting that for 2020, it is planned to sell 68 objects. Thirty-four are for sale. For January-February 2020, six objects worth 3.2 billion tenge were sold. Twenty-eight are at auction. Three objects are aimed at reorganization and liquidation. Thirty-one objects will be put up for sale before the end of the year. These are the indicators of budget execution for the reporting period.


News feed
06 June 2020, 14:36
Prime Minister Askar Mamin holds meeting of State Commission for Economic Modernization
05 June 2020, 22:30
Historical monuments, athletes training and tourism industry — how culture and sports develop today in Kazakhstan
05 June 2020, 12:53
Aidyn Ashuev appointed Executive Secretary of the Ministry of Finance of the Republic of Kazakhstan
04 June 2020, 22:27
Distance learning, online enrollment in first grade, creation of schools network named after Abay — how Kazakhstanis remembered another academic year
04 June 2020, 17:21
Prime Minister Askar Mamin holds meeting of State Commission on Restoring Economic Growth
04 June 2020, 13:00
Askar Mamin: Attracting investment is one of key drivers of economic growth recovery
04 June 2020, 10:15
Akimats of several regions instructed to strengthen control over compliance with sanitary and epidemiological requirements
04 June 2020, 08:55
Serik Shapkenov appointed vice minister of labor and social protection of the population of the Republic of Kazakhstan
04 June 2020, 08:41
Roman Sklyar arrives in Akmola region for a working trip
04 June 2020, 02:02
Results of agro-industrial complex for 4 months of 2020: Creating new capacities, increasing crops area and introducing digitalization
04 June 2020, 01:29
New enterprises, road construction, housing — development of industrial sector of Kazakhstan
03 June 2020, 16:24
Akmadi Sarbassov appointed first vice minister of labor and social protection of the population of Kazakhstan
03 June 2020, 02:14
Increased funding and local content: Low housing construction developed in Kazakhstan
02 June 2020, 11:13
Over 131 thousand students to take part in UNT in 2020 — Ministry of Education and Science
02 June 2020, 10:40
Employment measures planned to reach 1 million 220 thousand people in 2020 — Ministry of Labor
02 June 2020, 10:33
Prime Minister Askar Mamin instructs to ensure high-quality implementation of UNT in compliance with sanitary requirements
02 June 2020, 10:19
Employment is of paramount importance — Askar Mamin
01 June 2020, 18:57
Algorithms for operating tourist facilities developed in Kazakhstan
01 June 2020, 16:27
Government session to be held June 2 in Ukimet Uyi
29 May 2020, 18:15
Prime Minister Askar Mamin: It is necessary to strengthen the factor of self-sufficiency of CIS countries
29 May 2020, 15:56
Interdepartmental Commission decides to remove checkpoints and resume activities of several industries
28 May 2020, 15:12
Two hundred and thirty best specialists in 11 industries work to increase competitiveness of Kazakhstan
28 May 2020, 01:23
Oil production, gas supply and investment attraction — review of energy sector in Kazakhstan
27 May 2020, 11:36
Prime Minister of Kazakhstan Askar Mamin presented Dostyk Order to UAE Ambassador Mohammed Al-Jaber
26 May 2020, 19:52
Intergovernmental Commission considers issues of strengthening quarantine enforcement
26 May 2020, 11:43
Steady growth of 4% maintained in livestock industry — Ministry of Agriculture
26 May 2020, 11:04
In 2020, it is planned to sow crops on area of ​​22.5 million hectares — Ministry of Agriculture
26 May 2020, 10:51
Efforts in livestock development will be aimed at increasing self-sufficiency and exports — Askar Mamin
26 May 2020, 10:18
Kazakhstan has real potential to become one of world’s food hubs — Askar Mamin
25 May 2020, 22:33
Modernization of pharmaceutical industry and production of protective products: How Kazakhstani enterprises developed during emergency state
25 May 2020, 19:39
Interdepartmental Commission decides to resume several types of activities in regions
25 May 2020, 15:01
Government session to be held May 26 in Ukimet Uyi
24 May 2020, 11:00
Video Digest: Main events of the week, No. 62
24 May 2020, 08:38
Prime Minister Askar Mamin congratulated Kazakhstanis on Oraza Ait
23 May 2020, 22:19
Small and medium-sized enterprises, investment, and exports: What Almaty region focused on
23 May 2020, 21:38
Video Digest: Results of Prime Minister Askar Mamin’s working trip to Almaty region
23 May 2020, 17:26
Prime Minister Askar Mamin gets acquainted with state of hydraulic structures and implementation of development programs in Almaty region
22 May 2020, 16:24
Prime Minister Askar Mamin inspects restoration works in Maktaaral district of Turkistan region
21 May 2020, 12:44
Capital should be an example for all regions — Askar Mamin
20 May 2020, 18:00
Roman Sklyar discusses development of bilateral cooperation in engineering with German companies
19 May 2020, 15:22
Since beginning of 2020, 118 thousand people employed under Enbek program — Birzhan Nurymbetov
19 May 2020, 14:08
Ruslan Dalenov: Main goal of implementing Integrated Plan — to ensure employment of people
19 May 2020, 13:53
Each year, state will purchase 365 thousand tons of agricultural products
19 May 2020, 12:36
Who can purchase housing under new program 5-10-20
19 May 2020, 11:49
Integrated plan to help restore economic activity by the end of 2020 — Ruslan Dalenov
19 May 2020, 10:02
Government adopts Integrated Plan for Recovering Economic Growth
19 May 2020, 09:01
Prime Minister Askar Mamin introduces new minister of finance
19 May 2020, 08:25
Roman Sklyar inspects progress of restoration work in Turkistan region
18 May 2020, 21:03
Total supply of socially significant food products in Kazakhstan is 720 thousand tons
18 May 2020, 17:44
Interdepartmental Commission considers epidemiological situation in the country
© 2019 - 2020 Press service of the Prime Minister of the Republic of Kazakhstan.
Developed by SoftDeCo.