Kazakh state budget revenues increase

Revenues of Kazakhstan’s state budget increased by 4 percent up to almost 6.14 trillion Kazakh tenges ($1=329.89 tenges) in 2015, the Kazakh Finance Ministry said May 19.

The plan on the state budget revenues for the year was over-fulfilled by 5.7 percent.

Budget revenues’ 54 percent accounted for taxes, 43 percent for transfers, and 3 percent for non-tax revenues and others.

In total, the plan on revenues was over-fulfilled mainly via two taxes – the corporate income tax and the export duty.

Source: Trend