Senate submitted draft 2011-2013 national budget to Majilis

ASTANA. November 12. KAZINFORM /Muratbek Makulbekov/ The Kazakh Senate has considered a draft Law "On national budget for 2011-2013" at a plenary session.

"The draft three-year national budget which was approved by the Majilis provides income amounting to KZT 4.41 trln in 2011, KZT 4.365 trln in 2012 and KZT 4.77 trln in 2013", Minister of Finance Bolat Zhamishev said it introducing the bill.

According to the Minister, the national budget expenditures will make up KZT 4.643 trln in 2011, KZT 4.947 trln in 2012, and KZT 5.152 trln in 2013. The budget deficit will make up KZT 602 bln in 2011, KZT 581 bln in 2012 and KZT 382 bln in 2013.

Senators made some amendments to the draft three-year budget. After the discussion it was decided to submit the bill to the Majilis.