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435 billion tenge disbursed within “Nurly Zhol” program for 11 months of the year

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by December 20, 2016 Business

“435 billion tenge or 92% of the annual volume was disbursed within “Nurly Zhol ” program for 11 months of the year. The disbursement of 99.9% is expected at the national level,” said the head of the finance department.

According to B. Sultanov, local authorities mastered 215.5 billion tenge, or 94.5% of the received funds, 12 billion tenge was not utilized. The largest volume of leftover funds noted in Mangistau and Aktobe regions. Among the outsiders are Almaty, Akmola and Atyrau regions. The production work falls behind the schedule and it is main reason for this.

“The funds received from the placement of government securities, mastered by 87.4%, or 25 billion tenge. It is planned to master 13 billion tenge by the end of the year,” said the speaker.

It should be reminded that the results of social and economic development of the country for 11 months of 2016 are summed up at today’s meeting of the Government.

Source: Prime Minister of the Republic of Kazakhstan

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