2012 budget expenditures exceeded KZT 5 trln

ASTANA. February 8. KAZINFORM Upon the results of 2012 the republican budget expenditures amounted to KZT 5 trillion 795 billion, or performed at 99.3%, Minister of Finance Bolat Zhamishev announced during his ministry's extended board meeting on Friday.

According to him, the unutilized balance was 0.7% or KZT 41.6 billion of the total expenditures, which is 0.1 percent lower compared to the same period last year.

According to preliminary data from budget program administrators, the funding of KZT 12.2 billion of unpaid obligations registered in 2012 of underutilized 41.6 billion is planned to be carried forward to 2013 due to the postponement of the execution of contracts. KZT 25.1 billion of the remaining amount has not been utilized.

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