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Sunday, September 22nd, 2019

Prime Minister Bakytzhan Sagintayev takes part in the plenary session of the Senate of the Parliament

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by November 16, 2017 Business

Prime Minister Bakytzhan Sagintayev took part in the plenary session of the Senate today, during which the law “On Guaranteed Transfer from the National Fund of the Republic of Kazakhstan for 2018-2020” was adopted, and the bill “On the National Budget for 2018-2020” was considered.

The bill “On Guaranteed Transfer from the National Fund of the Republic of Kazakhstan for 2018-2020” was presented to the senators by Minister of National Economy Timur Suleimenov. Starting from 2020, the guaranteed transfer to the National Budget will be fixed in the amount of 2 trillion tenge.

Adoption of the bill will ensure a balanced budget and allow fully financing the National Budget expenditures, including those aimed at improving economic activity and employment in the economy.

In addition, the bill “On the National Budget for 2018-2020 years” was considered. The document was presented by Minister of National Economy T. Suleimenov, Minister of Finance B. Sultanov and Chairman of the National Bank D. Akishev. The document was mostly approved. At the same time, during the discussion, the committees and individual deputies made some proposals on amending and supplementing the bill. The bill was sent to the Majilis of the Parliament for finalization.

Source: Government of the Republic of Kazakhstan

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