Senate adopts Law "On guaranteed transfer from National Fund of Kazakhstan for 2011-2013"

ASTANA. November 12. KAZINFORM /Muratbek Makulbekov/ The Kazakh Senate has adopted the Law "On guaranteed transfer from the National Fund of the Republic of Kazakhstan for 2011-2013" at a plenary session.

"The bill approves the annual size of the guaranteed transfer from the National Fund for 2011-2013 in the amount of KZT 1.2 trln which is aimed at financing of expenses of the current budgetary programs and budgetary development programs", Minister of Economic Development and Trade Zhanar Aitzhanova said introducing the bill.

In accordance with the Kazakh President's instructions, the size of the guaranteed transfer from the National Fund amounts to USD 8 bln since 2010.