The Astana Times provides news and information from Kazakhstan and around the world.
Kazakhstan’s local budget revenues jumped 19.4 percent in the first nine months of 2019 to a record 4.2 trillion tenge (US$10.89 billion). The revenue plan was exceeded in all regions of the country except the capital. Local budgets’ own revenues exceeded 120 billion tenge (US$311.12 million). Excluding transfers, the revenues totalled 1.8 trillion tenge (US$4.67 billion), 119 billion tenge (US$308.52 million) more than in the same period in 2018. Growth is mainly due to taxes, as tax revenues increased 7.5 percent to 1.7 trillion tenge (US$4.41 billion). The …read more
Source:: The Astana Times
